Pacer US Small Cap Cash Cows 100 ETF

The fund seeks to replicate the total return performance of the benchmark index before fees and expenses by investing in small-size companies in the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team employs a passive management or indexing investment approach that is designed to track the performance of the Index.

The Index utilizes a rules-based methodology to provide exposure to small capitalization U.S. companies with high free cash flow yields.

Companies with high free cash flow yields are commonly referred to as cash cows.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index.