Pacer ETFs, an exchange traded fund (ETF) provider that offers investors strategy driven ETFs to help navigate turbulent markets by utilising rules-based indices, has launched six ETFs and accrued USD650 million in assets in its first year of operation.
Sean O’Hara, President of Pacer ETFs Distributors, says: “As a new issuer in 2015, we couldn’t be more pleased with the rate at which we’ve grown. It reflects not only investors’ receptivity and demand for our innovative strategies, but also the dedication and hard work put in by each member of our organisation.”
The Trendpilot Series, the first ETFs in Pacer’s lineup, use a trend following strategy designed to participate in the market when it is trending up, maintain some exposure during short-term market declines, and exit the market when it is trending down.
Pacer currently has four Trendpilot ETFs, which trade on the Bats Global Market Exchange:
Pacer TrendpilotTM 750 (PTLC): Exposure alternates between US large-cap, T-bills and a 50/50 blend based on trend following. Current Exposure: 100 per cent Equity
Pacer TrendpilotTM 450 (PTMC): Exposure alternates between US mid-cap, T-bills and a 50/50 blend based on trend following. Current Exposure: 100 per cent Equity
Pacer TrendpilotTM 100 (PTNQ): Exposure alternates between NASDAQ-100, T-bills and a 50/50 blend based on trend following. Current Exposure: 100 per cent Equity
Pacer TrendpilotTM European Index (PTEU): Exposure alternates between FTSE Eurozone Index, T-bills and a 50/50 blend based on trend following. Current Exposure: 100 per cent Equity
“We’re already looking ahead to year two and setting the bar high,” says Joe Thomson, Chairman and President of Pacer Advisors, advisor of Pacer ETFs. “We’ve proven that our strategies stand out in the increasingly crowded marketplace of exchange traded products. In addition to the Trendpilot Series, we developed the first dynamic currency hedging strategy (PAEU) as well as a global high dividend fund (PGHD) that aims to provide sustainable yield in an uncertain yield environment. Our sights are set on building upon these themes and others as we push into the second half of this year and beyond.”
