The firm celebrates another year of success, with an 81% growth rate since its 8th birthday, bringing total AUM to over $43 billion, continues to earn notable industry recognition
Pacer ETFs (“Pacer”), the leading U.S. issuer in free cash flow ETFs*, proudly celebrates its ninth anniversary. Commemorating this milestone, the firm reflects on the notable growth, recognition, and investor support that has fueled nearly a decade of growth.
Pacer has seen remarkable growth, increasing its assets under management from $24 billion on June 7, 2023 to an impressive $43 billion today, an 81% growth rate. Pacer has continued this momentum into 2024, entering the year with $35 billion in AUM, now sitting at $43B a 29% uptick in asset growth year-to-date.
A substantial portion of this success can be attributed to the rapid growth of the firm's Cash Cows ETFTM series, which has amassed $36 billion in assets across 10 funds. Earlier this year, Pacer introduced three Cash Cows UCITS ETFs to European markets, their first international push, providing overseas investors an opportunity to tap into the unique free-cash-flow-driven strategy these funds deploy.
This growth underscores Pacer’s commitment and success in delivering differentiated, rules-based strategies that may complement any investment portfolio. Beyond the Cash Cows series, Pacer continues to see asset gathering across its fund families including the Pacer Trendpilot® Series and the Pacer Swan SOS ETF Series, along with funds like the Pacer Data and Digital Revolution ETF (TRFK) and the Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL).
"The growth and success of our fund offerings demonstrates the resilience of a free cash flow approach amid challenging market conditions,” says Sean O’Hara, President of Pacer ETF Distributors. “We’re proud to act as growing leaders in the industry to deliver these strategy-driven solutions and better serve the portfolio goals of our investors.”
The industry has taken note of the success of Pacer’s strategies, with CALF earning the prestigious “ETF of the Year” at the 2024 ETF.com Awards.1 Pacer has also been recognized for its excellence and contributions to the industry with nominations in four categories for the upcoming 2024 With Intelligence Mutual Fund & ETF Awards, including ETF Provider of the Year, Sales Success of the Year, ETF Suite of the Year, and Thematic ETF of the Year.2
In addition to the success of its funds, the firm has expanded to over 155 employees, boasting a talented team that enables Pacer to better serve its growing client base, ensuring that financial advisors and investors receive the highest level of support and expertise. Pacer was also named a Top Workplace Winner3 by The Philadelphia Inquirer, reflecting its positive and dynamic work environment.
“We’re honored to celebrate our ninth anniversary and the milestones we’ve earned thus far, made possible by the hard work and dedication of our incredible team and the unwavering support of our partners and investors," says Joe Thomson, President of Pacer ETFs. "We are grateful for the trust and confidence placed in us, as we continue to provide innovative investment solutions to help investors reach their goals.”
Year to date, Pacer has launched 4 new funds, bringing its total offerings to 47 ETFs. Looking ahead, Pacer seeks to maintain its momentum with the development of its product offerings and the upcoming expansion of its Dividend Multiplier Series and the Cash Cows Growth Series later this year among other growth initiatives.
For more information, please visit PacerETFs.com.
*Source: Bloomberg. Number one in net flows across free cash flow based ETFs in the U.S. from 12/31/22-12/31/23.
1 Each nominee was rigorously vetted by the etf.com editorial staff to be presented to the seven judges, who were selected to represent a diverse range of expertise and opinion in the ETF industry. For more information visit etf.com.
2The awards are determined by a number of factors such as performance, innovation, flows, and strategy.
3The Philadelphia Inquirer partnered with survey firm Energage to administer an employee survey that covers 24 factors. Energage crunches the data and scores companies based on the responses.
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 1-877-577-2000. 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 this fund are detailed in the prospectus and could include factors such as calculation methodology risk, concentration risk, equity market risk, ETF risks, high portfolio turnover risk, large- and mid-capitalization investing risk, passive investment risk, tracking risk, sector risk, smaller companies risk, style risk, and/or special risks of exchange traded funds.
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED
Distributor: Pacer Financial, Inc., member FINRA, SIPC, an affiliate of Pacer Advisors, Inc.
Trendpilot® and Cash Cows ETFsTM are trademarks of Index Design Group, LLC., an affiliate of Pacer Advisors, Inc.
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Contacts
Media
Klaudia Wierzbowska
Gregory FCA for Pacer ETFs
570-856-1360
klaudia@gregoryfca.com
Company
Ashlee Thomson for Pacer ETFs
610-981-6214
ashlee.thomson@pacerfinancial.com