Pacer ETFs Brings Leading Cash Cows ETF™ Series to European Market with Launch of Three UCITS ETFs
May 07 2024 - 8:00AM
Business Wire
Pacer ETFs (“Pacer”), the leading U.S. issuer in free cash flow
ETFs*, has announced the launch of three Cash Cows UCITS ETFs. This
will give European investors access to some of the firm’s most
successful strategies through the Euronext Dublin Exchange and the
Euronext Amsterdam Exchange, in accordance with UCITS
regulations:
- Pacer US Cash Cows 100 UCITS ETF [COWZ]
- Pacer Developed Markets International Cash Cows 100 UCITS ETF
[ICOW]
- Pacer Global Cash Cows Dividend UCITS ETF [GCOW]
“By entering the European market, we aim to serve a broader
demographic of investors and advisors who are looking to tap into
the opportunity these free-cash-flow focused funds offer,” says
Sean O’Hara, President of Pacer ETFs Distributors.
The Cash Cows Series has over $35 billion in assets following a
year of notable performance and 118.2% growth in assets in 2023.
This growth is largely spurred by the series’ standout ETF, COWZ,
which grew from $12.5 billion to $20 billion in 2023. The success
of these strategies catapulted Pacer’s total assets to over $43
billion after entering 2023 with just over $19 billion.
“Our entrance into this new market is more than just
geographical expansion; it's a step forward with our advisor
community, sharing innovative strategies that have defined our firm
allowing investors to achieve their financial goals,” adds Bruce
Kavanaugh, EVP Portfolio Manager of Pacer.
The UCITS ETFs are sub-funds of the Pacer ETFs ICAV, the firm’s
Dublin-based collective asset-management vehicle authorized and
regulated by the Central Bank of Ireland.
To learn more about Pacer UCITS strategies and fund offerings,
visit paceretfs.com/library/ucits/.
About Pacer ETFs
Pacer ETFs is a strategy-driven exchange-traded fund provider
with 47 ETFs and over $43 billion in assets under management (as of
05/01/2024). For more information, please visit PacerETFs.com.
*Source: Bloomberg. Number one in net flows across free cash
flow based ETFs in the U.S. from 12/31/22-12/31/23.
Disclosures
This is a marketing communication. This material contains
information relating to the Pacer US Cash Cows 100 UCITS ETF, the
Pacer Global Cash Cows Dividend UCITS ETF, the Pacer Developed
Markets International Cash Cows 100 UCITS ETF (the “Funds”),
sub-funds of Pacer ETFs ICAV (the “ICAV”) with different classes of
shares which is authorised by the Central Bank of Ireland and
established as an undertaking for collective investment in
transferrable securities pursuant to the European Communities
(Undertakings for Collective Investment in Transferable Securities)
Regulations, 2011) as amended in Ireland.
- This is not a contractually binding document and its issuance
is not mandated under any law or regulation of the European Union
[or the United Kingdom].
- This marketing communication does not include sufficient detail
to enable the recipient to make an informed investment decision.
Therefore, we recommend that you obtain detailed information about
the Fund (including further information on the investment
objective, risks, charges and expenses of the Fund) from the
Prospectus, key information document (PRIIPs KID) and key investor
information document (UCITS KIID) – as appropriate for your
relevant jurisdiction, along with other fund related materials
before making any decision to invest in the Fund.
- These documents are available free of charge from
www.paceretfs.com and can also be obtained from our EEA centralised
facilities agent, DE Facilities Limited, 33 Sir John Rogerson’s
Quay, Dublin 2, Ireland or from the following distributor: Pacer
Financial Inc.
Pacer Cash Cows ETFsTM and Cash Cows Index® are registered
trademarks of Index Design Group, LLC.
© 2024, Pacer Financial, Inc.& Pacer Advisors, Inc., All
rights reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20240502322330/en/
Media Trevor Davis Gregory FCA for Pacer ETFs
215-475-5931 trevor@gregoryfca.com
Company Ashlee Thomson for Pacer ETFs 610-981-6214
ashlee.thomson@pacerfinancial.com