Pacer ETFs added another string to its bow on Monday – launching the Pacer Trendpilot Fund of Funds ETF (TRND) on the New York Stock Exchange.
TRND provides exposure to four ETFs in Pacer’s Trendpilot Series including the US large-cap, US mid-cap, NASDAQ-100 and international Trendpilots.
Sean O’Hara, President of Pacer ETFs Distributors said quiet days in the market are few and far between, adding that investors are worried about their long-term investment horizons.
“We’ve expanded two of our product lines to give investors more options in these popular strategies,” O’Hara said. “Our Trendpilot series of ETFs offers investors a simple rules-based strategy that moves to T-bills when the market is trending down, and invests in equity when the market is trending up. Alternatively, our Cash Cows suite selects companies based on their free cash flow yield, an incredibly important metric that reflects a company’s chances to grow, pay dividends or buy back stocks.”
The past few months have seen dramatic price swings and volatility throughout global stock markets. As a result, many investors are seeking ways to preserve capital and develop diversified portfolios containing well-run companies with successful track records.
TRND is the fifth new ETF from Pacer ETFs across its Pacer Trendpilot ® ETF Series and Pacer Cash Cows Index® ETF Series.
The other ETFs are:
• The Pacer Trendpilot International ETF (PTIN) which is an index-based ETF that exposes investors to international markets via the S&P Developed ex-US Large Cap Index in up-trending markets. It will shift into US treasuries if the index dips below its 200-day moving average.
• The Pacer US Cash Cows Growth ETF (BUL) which follows an index derived from the S&P 900 Pure Growth Index, including companies that exhibit strong growth characteristics. Companies are screened into the Index based on their free cash flow yield.
• The Pacer Emerging Markets Cash Cows 100 ETF (ECOW) which tracks an index derived from the FTSE Emerging Markets Index. This ETF will be composed of the top 100 companies in emerging markets with the highest free cash flow yield.
• The Pacer Cash Cows Fund of Funds ETF (HERD) which is composed of five Pacer Cash Cows Index series ETFs.
Pacer ETFs is a strategy-driven exchange traded fund provider with 20 ETFs and over $4.35 billion in assets under management as of May 3, 2019. It 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 employs a rules-based, passive management approach to track S&P, NASDAQ, FTSE Russell, and Custom Indexes.
For more information, visit PacerETFs.com.