Pacer ETFs passes USD5bn in AUM

Pacer ETFs (Pacer), an ETF provider that offers passive rules-based strategies, has surpassed USD5 billion in assets under management (AUM) having added another USD1 billion in just five months.

In response to investor demand, Pacer launched six new ETFs this year, including one fixed-income bond ETF, under its well-established Trendpilot ETF Series and Cash Cows Index ETF Series to offer investors more options across its popular ETF strategies. The addition of these funds adheres to the firm’s client-centric investment philosophy that meets the needs of investors in turbulent markets.
“We reached the USD5 billion milestone in just four years due to our thoughtful approach to investing. We have created several new ETFs with investors’ needs top of mind to attain goals such as maintaining wealth and achieving higher returns over time,” says President of Pacer ETF Distributors, Sean O’Hara. “We are proud to see what we do resonate in the industry.”
The growth of Pacer’s two flagship fund series does not overshadow the recent success of Pacer’s Custom Series that launched three thematic REIT ETFs in 2018 that target thematic growth opportunities in the evolving market. The two most popular funds in the family are the Pacer Benchmark Industrial Real Estate SCTR ETF (INDS), which aims to invest in the growing e-commerce market, and Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR), which aims to invest in the future of 5G and the new technology revolution. In 2019, SRVR and INDS have seen a 18x increase in combined AUM as of 30 September to give a total of USD144,847,050 AUM.
“While our success is in part due to our unique series of ETFs, none of this would be possible without our partners,” says Joe Thomson, Founder and President of Pacer Financial. “Pacer ETFs would like to thank our partners, especially: US Bank, S&P, NASDAQ, FTSE Russell, NYSE and CBOE. I’d also like to thank the financial advisors who use and have confidence in our strategies.”