Pacer ETFs Celebrates $ 9 Billion in Assets Under Management with Acquisition of Floating Rate ETFs


MALVERN, Pa .– (COMMERCIAL THREAD) –ETF Pacer (“Pacer”), an ETF provider that offers strategy-oriented, rules-based ETFs, announces it has surpassed $ 9 billion in assets under management (AUM) after surpassing the $ 8 billion mark. dollars in July. In addition, Pacer has just announced the acquisition of the Pacific Global ETF fund, the Pacific Global Senior Loan ETF (symbol: FLRT). As of today, the fund will be renamed on Pacer Pacific Asset Floating Rate High Income ETF. The ticker will remain the same and the annual expenses will be reduced.

“Our rapid growth during this short period is a testament to the unique investment opportunities we offer, as well as the efforts of our team,” said Sean O’Hara, President of Distributors of Pacer ETF. “With the addition of FLRT, we hope to provide a unique fixed income strategy for advisors looking for an attractive solution in a low-yield environment, especially one designed for a world of rising rates. ”

Since the start of 2021, Pacer has added 13 funds and contributed more than $ 3.3 billion in assets. The most recent acquisition of Pacer represents the resilience and commitment of the company to providing investors and advisors with unique strategies. FLRT’s goal is to provide investors with a high level of current income by investing primarily in low-quality corporate variable rate loans, which can serve both as a source of income and as a hedge against rising prices. interest rate. A key difference from the FLRT strategy will be that, in addition to investing in senior floating rate loans, the ETF will now also invest in other floating rate securities.

“We are delighted to be working with Pacific Asset Management to improve the fund’s strategy and offer a single ETF to a wider audience of advisers and investors,” said Joe Thomson, Founder and Chairman of Pacer Financial. “I would like to recognize and thank all of our advisors, investors and partners who have supported Pacer over time. We appreciate your support and look forward to building even more relationships and offering more cutting-edge solutions that meet your needs.

Pacific Asset Management will actively sub-advise the fund. In the coming weeks, Pacer looks forward to continuing to grow its assets under management, funds and distribution efforts.

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About Pacer ETFs

Pacer ETFs is a strategy-focused provider of exchange-traded funds with 42 ETFs and over $ 9 billion in assets under management, as of October 21, 2021. Pacer ETFs are focused on meeting the needs of investors through its six fund families: the Pacer Trendpilot ® Series, Pacer Cash Cows Index® Series, Pacer Custom ETF Series, Pacer Leaders ETF Series, Pacer Factor ETF Series and Pacer Swan SOS ETF Series.

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Before investing, you should carefully consider the investment objectives, risks, charges and expenses of the Fund. This and other information is contained in the prospectus. A copy can be obtained by visiting or by calling 1-877-577-2000. Please read the prospectus carefully before investing.

An investment in the Funds is subject to investment risk, including possible loss of capital. Pacer ETF shares can be bought and sold on the stock exchange through a brokerage account. ETF brokerage commissions and 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 this fund are detailed in the prospectus and could include factors such as variable rate loan risk, CLO risk, asset backed securities risk, CMBS risk, securities risk. high yield, fixed income risk, LIBOR risk, foreign securities risk, market risk, ETF risks, liquidity risk, private sector risk, management risk, sector risk and small fund risk.


Distributer: Pacer Financial, Inc., member FINRA, SIPC, a subsidiary of Pacer Consultants, Inc.


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