Pacer US Cash Cows Growth ETF BUL Strategy

The investment seeks to track the total return performance, before fees and expenses, of the Pacer U.S. Cash Cows Growth Index. The index uses an objective, rules-based methodology to provide exposure to mid- and large-capitalization U.S. companies with high free cash flow yields. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. It is non-diversified.