SRVR tries to reflect the performance of the Benchmark Data & Infrastructure Real Estate SCTR Index, which is comprised of real estate investment trusts that specialize in the logistics required to make e-commerce work. The portfolio includes warehouses, distribution centers and similar facilities that allow for e-commerce companies to ship goods to their final destinations, sometimes within hours.
“The world has rapidly changed because of e-commerce. Our new suite of ETFs will provide investors with an opportunity to invest in the segments of the real estate market that have benefited since e-commerce has transformed our lives,” Sean O’Hara, President of Pacer ETFs Distributors, said in a note.
Additionally, RTL tries to reflect the performance of the Benchmark Retail Real Estate SCTR Index, which is made up of shopping centers, shopping malls and similar structures are thriving enterprises filled with retail establishments and are located in prime locations with quality tenants throughout the country.
“I believe we’re only on the cusp of what experiential retail can become. As the old department store model disappears, we’re witnessing a disruption and rapid technological evolution that’s ushering in an exciting new age of reinvented retail by the retail SCTR,” Benchmark CEO and Managing Partner Kevin R. Kelly, said in a note.
For more information on new fund products, visit our new ETFs category.