Pacer ETFs Reaches $3B AUM Mark, Continues Impressive Growth Throughout 2018
December 11 2018 - 9:58AM
Business Wire
Investor Demand for Passive, Rules-Based ETF
Strategies Continues to Accelerate
Pacer ETFs, an ETF provider that offers passive rules-based
strategies, just broke $3 billion in assets under management as it
finishes another year with remarkable growth combined with the
launch of several new products.
Following its debut in 2015, Pacer ETFs has enjoyed accelerated
growth this year, reaching the $3 billion AUM mark just six months
after reaching the $2 billion AUM milestone in March. In addition
to this, Pacer ETFs had an organic growth rate of 114% from October
2017 to October 2018, according to data from Morningstar.
“Our growth proves that our mission to provide passive,
rules-based strategies to navigate turbulent markets is resonating
with advisors and investors alike,” says Sean O’Hara, president of
Pacer ETFs Distributors. “It took us two years to amass the first
billion dollars in assets under management. The third billion in
assets came in under six months, making us one of the
fastest-growing ETF issuers in the industry. We owe a special
thanks to some of our partners including U.S. Bank, S&P,
NASDAQ, FTSE Russell, NYSE and CBOE who help make our ETFs
possible, as well as the financial advisors who use our
strategies.”
The firm’s well-established Trendpilot® ETFs have proved
especially attractive to investors. In fact, the Trendpilot® ETF
Series grew assets by over $1.1 billion during 2018. Also popular
with investors was the Cash Cows Index® ETF Series, which grew
assets by over $270 million over the last year.
Pacer ETFs expanded its product offerings in 2018, launching six
new ETFs. “As we expand our product line, we see significant
opportunity for growth in 2019,” O’Hara added. These include:
- The Pacer Benchmark Retail Real Estate
SCTR ETF (RTL), the Pacer Benchmark Industrial Real Estate SCTR ETF
(INDS) and the Pacer Benchmark Data & Infrastructure Real
Estate SCTR ETF (SRVR) for investors looking for exposure to real
estate. INDS and SRVR also offer exposure to e-commerce firms by
holding assets in data centers and warehouses catering to that
industry.
- The Pacer CFRA-Stovall Equal Weight
Seasonal Rotation ETF (SZNE), which looks to grow and preserve
wealth based on long-term seasonal trends in equities using market
research provided by Sam Stovall and research giant CFRA.
- The Pacer US Export Leaders ETF (PEXL),
the first fund in the Pacer Leaders ETF series, which offers
exposure to best-in-breed companies within specific thematic
investment strategies. The Pacer US Export Leaders ETF screens
companies for the highest percentage of foreign sales and high
free-cash-flow growth.
- The Pacer Military Times Best Employers
ETF (VETS), which provides exposure to companies with a legacy of
supporting training and professional development for military
veterans, service members and their families.
To meet increased demand, Pacer ETFs added 13 wholesalers in
2018 and is currently in the process of moving to a larger
headquarters in Malvern, Pa. “We’ve grown in every facet of our
business,” adds Joe Thomson, founder and president of Pacer
Financial. “Since inception, we’ve been committed to helping
investors prepare for retirement using rules-based indices to
mitigate downside risk and screening for quality stocks. In 2019,
we will continue that mission by providing more options for
diversification, greater opportunities for growth and better
service to the advisors and investors who have come to know and
love our ETFs.”
About Pacer ETFs:
Pacer ETFs is a strategy-driven exchange traded fund provider
with 15 ETFs and over $3 billion in assets under management as of
Dec. 1, 2018. Pacer ETFs is focused on addressing investors’ needs
through its four fund families, the Pacer Trendpilot® Series, Pacer
Cash Cows Index® Series, Pacer Custom ETF Series, and Pacer Leaders
ETF Series. Pacer ETFs employ a rules-based, passive management
approach to track S&P, NASDAQ, FTSE Russell, and Custom
Indexes.
For more information, please visit PacerETFs.com.
Disclosures:
Before investing you should carefully consider the Fund’s
investment objectives, risks, charges, and expenses. This and other
information is in the prospectus. A copy may be obtained by
visiting www.paceretfs.com or calling 1-877-337-0500.
Please read the prospectus carefully before investing.
An investment in the Funds is subject to investment risk,
including the possible loss of principal. Pacer ETF shares may be
bought and sold on an exchange through a brokerage account.
Brokerage commissions and ETF expenses will reduce investment
returns. There can be no assurance that an active trading market
for ETF shares will be developed or maintained. The risks
associated with these funds are detailed in the prospectus and
could include factors such as concentration risk, currency exchange
rate risk, data and infrastructure real estate sector risk, equity
market risk, European investments risk, fixed income risk, foreign
securities risk, geographic concentration risk, government
obligations risk, high portfolio turnover risk, index criteria
risk, industrial real estate sector risk, international operations
risk, large and mid-capitalization investing risk, monthly exposure
risk, new fund risk, non-diversification risk, other investment
companies risk, passive investment risk, REIT investment risk,
retail real estate sector risk, sector risk, smaller-capitalization
companies risk, style risk, tax risk, tracking risk, trend lag
risk, and/or special risks of exchange traded funds.
Trendpilot®, Autopilot ETFs™, Cash Cows Index® and Strategy
Driven ETFs® are trademarks of Index Design Group, LLC.
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED
Distributor: Pacer Financial, Inc, member FINRA, SIPC, an
affiliate of Pacer Advisors, Inc
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version on businesswire.com: https://www.businesswire.com/news/home/20181211005577/en/
Media Contact:Alex NyeGregory FCA for Pacer
ETFs610-228-2287alexn@gregoryfca.com
Company Contact:Ashlee
Thomson610-981-6214ashlee.thomson@pacerfinancial.com
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