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The Pacer Swan SOS ETF Series

PSFD

Pacer Swan SOS Flex (December) ETF

An exchange traded fund (ETF) that seeks to match returns, before fees and expenses, of the SPDR S&P 500 ETF Trust (the “underlying ETF”) up to a predetermined upside cap (the “Cap”), while also providing a downside risk mitigation buffer (the “Buffer”) over an approximate one-year period.

Strategy Overview


Set Exposure
 

Set Buffer Level
 

Set Flex Buffer
 

Set Cap Level
 
Set Roll Period


SPDR S&P 500 ETF Trust


0% to -20%
The Fund will buffer investors against the first -20% of losses on the downside. After that percentage is met, investors will again participate in the downside.

-20% to -40%
The Fund will decline 2% for every 1% the SPDR S&P 500 ETF Trust declines. Once -40% is reached, the Fund will begin to match the market by declining 1% for every 1% lost by the SPDR S&P 500 ETF Trust.

18.52%
The Fund will provide positive return to investors up to 18.52% before no longer participating in gains.

Cap level shown is before fees and expenses.

Approximately 1 Year
After approximately one year, the Fund will reset to update the exposure, buffer level, term, and cap to new market conditions.

Key Points

  • Lower cost, flexible, liquid, and transparent
  • Tax-efficient
  • No credit risk
  • Reset annually and can be held indefinitely


Payoff Profile


 


Market Scenarios (1 Year)


These are hypothetical illustrations and do not demonstrate historical or future performance data. They do not include fees or expenses..

The structured outcomes may only be realized if you are holding shares on the first day of an Investment Period and continue to hold them on the last day of that Investment Period. If you purchase shares after an Investment Period has begun or sell shares prior to an Investment Period’s conclusion, you may experience investment returns very different from those that the Fund seeks to provide. There is no guarantee that the Fund will achieve its investment objective.

The Funds have characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see “Investor Suitability” in the prospectus.

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 buffered loss risk, cap change risk, capped upside risk, counterparty risk, ETF risks, FLEX options correlation risk, FLEX options liquidity risk, FLEX options valuation risk, investment period risk, large-capitalization investing risk, management risk, market risk, new fund risk, non-diversification risk, special tax risk, underlying ETF risk, and/or special risks of exchange traded funds.

The Fund will invest substantially all of its assets in FLexible EXchange® Options (“FLEX Options”) that reference the SPDR® S&P 500® ETF Trust (the “Underlying ETF”). FLEX Options are customizable exchange-traded option contracts guaranteed for settlement by the Options Clearing Corporation. The Fund uses FLEX Options to employ a “structured outcome strategy.” Structured outcome strategies seek to produce pre-determined target investment outcomes based upon the performance of an underlying security or index. The pre-determined structured outcomes sought by the Funds, which include the buffer and cap discussed below, are based upon the performance of the Underlying ETF over a one year period.

Fund shareholders are subject to an upside return cap that represents the maximum percentage return an investor can achieve from an investment in a Fund for an Investment Period. Therefore, even though the Funds’ returns are based upon the Underlying ETF, if the Underlying ETF experiences returns for an Investment Period in excess of the Cap, an investor will not experience those excess gains. The Cap is set on the first day of a Funds’ Investment Period and does not take into account any management fees, transaction costs or expenses charged to shareholders. The Cap will be reduced by these when taken into account.

The Fund only seeks to provide shareholders that hold shares for an entire Investment Period with a buffer against a pre-determined percentage of Underlying ETF losses (based upon the value of the Underlying ETF at the time the Fund entered into the FLEX Options on the first day of its Investment Period) during an Investment Period. You will bear all Underlying ETF losses beyond that pre-determined percentage. The buffer is provided prior to taking into account annual Fund management fees, operating expenses, transaction fees, and any extraordinary expenses incurred by a Fund. A shareholder that purchases shares at the beginning of an Investment Period may lose their entire investment. While each Fund seeks to limit losses for shareholders who hold shares for the entire Investment Period, there is no guarantee it will successfully do so.

Swan Global Management, LLC serves as investment sub-adviser to the Fund. Swan Global Investments, LLC (“Swan”) is an independent Investment Advisory headquartered in Durango, Colorado registered with the U.S. Securities and Exchange Commission under the Investment Advisers Act or 1940. Being an SEC-registered advisor implies no special qualification or training. Swan offers and manages its Defined Risk Strategy, as well as, option-based overlay strategies to individuals, institutions and other advisory firms.

Outcome Period Performance

Data from 12/22/2020 to 04/13/2021

The following chart is updated daily to show the current performance of the fund and the SPDR S&P 500 ETF (SPY) from the start of the current outcome period compared to the fund's upside potential (shaded in green and ending at the cap) and its downside potential and buffer (shaded in yellow).

To zoom, drag your mouse over a region in the chart.
View Full Outcome Period

Outcome Period Values

Series December
Exposure Asset SPDR S&P 500 ETF Trust
Outcome Period 12/22/20 - 12/17/21
Starting Cap 18.52%
Buffer Start 0%
Buffer End -20%

SPDR S&P 500 ETF Trust is an exchange-traded fund which aims to track the Standard & Poor’s 500 Index, which comprises 500 large- and mid-cap U.S. stocks.
Cap level shown is before fees and expenses.

Current Values

(as of 04/13/2021)

Fund Value $22.4
Fund Return 8.94%
Exposure Asset Value $412.86
Exposure Asset Return 12.4%
Remaining Cap (Net) 8.72% / 7.97%
Remaining Buffer (Net) 20.57% / 19.82%
Downside Before Buffer -8.27% / -9.02%
Remaining Outcome Period 248 Days

Fund Value: The most recent closing NAV of the Fund. The NAV (net asset value) is the value of one share based on the value of the holdings of the Fund calculated daily.
Fund Return: The return based on the NAV of the Fund since the start of the Outcome Period. It may not reflect the actual return for the investor.
Exposure Asset: The underlying ETF that the fund seeks to match.
Remaining Cap: Based on the Fund's current bid/ask midpoint, the best potential return if held to the end of the Outcome Period, assuming the Exposure Asset meets or exceeds the Cap Exposure Asset Value.
Remaining Buffer: The current amount of the Fund's stated buffer remaining which is the sum of Downside Before Buffer, Exposure Asset to Buffer End, and Unrealized Option Payoff.
Remaining Outcome Period:  The number of days remaining until the end of the Outcome Period.

Downside Before Buffer: The amount of fund loss incurred before the buffer begins.

Exposure Asset and Fund Values

(as of 04/13/2021)

Cap Exposure Asset Value $435.25
Buffer Start Exposure Asset Value $367.24
Buffer End Exposure Asset Value $293.79

Exposure Asset Values represent the values that trigger the Cap and the Start and End of the Buffer range for the respective Exposure Asset and Fund.

The structured outcomes may only be realized if you are holding shares on the first day of an Investment Period and continue to hold them on the last day of that Investment Period. If you purchase shares after an Investment Period has begun or sell shares prior to an Investment Period’s conclusion, you may experience investment returns very different from those that the Fund seeks to provide. There is no guarantee that the Fund will achieve its investment objective.

The Funds have characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see “Investor Suitability” in the prospectus.

Performance (%)

(as of 12/31/2020)

  Since Fund Inception (12/22/20) YTD 1 Month 3 Month 1 Year
Pacer Swan SOS Flex (December) ETF NAV 0.88 N/A N/A N/A N/A
Pacer Swan SOS Flex (December) ETF Market Price 1.36 N/A N/A N/A N/A
S&P 500 Price Return Index 1.87 16.26 3.71 11.69 16.26

Performance data quoted represents past performance. Past performance is not a guarantee of future results and current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and shares when sold or redeemed, may be worth more or less than their original cost.

Top Holdings (%)

as of [get from csv]

View All Holdings

Daily Holdings

Ticker Holding Weight

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 buffered loss risk, cap change risk, capped upside risk, counterparty risk, ETF risks, FLEX options correlation risk, FLEX options liquidity risk, FLEX options valuation risk, investment period risk, large-capitalization investing risk, management risk, market risk, new fund risk, non-diversification risk, special tax risk, underlying ETF risk, and/or special risks of exchange traded funds.

The Fund will invest substantially all of its assets in FLexible EXchange® Options (“FLEX Options”) that reference the SPDR® S&P 500® ETF Trust (the “Underlying ETF”). FLEX Options are customizable exchange-traded option contracts guaranteed for settlement by the Options Clearing Corporation. The Fund uses FLEX Options to employ a “structured outcome strategy.” Structured outcome strategies seek to produce pre-determined target investment outcomes based upon the performance of an underlying security or index. The pre-determined structured outcomes sought by the Funds, which include the buffer and cap discussed below, are based upon the performance of the Underlying ETF over a one year period.

Fund shareholders are subject to an upside return cap that represents the maximum percentage return an investor can achieve from an investment in a Fund for an Investment Period. Therefore, even though the Funds’ returns are based upon the Underlying ETF, if the Underlying ETF experiences returns for an Investment Period in excess of the Cap, an investor will not experience those excess gains. The Cap is set on the first day of a Funds’ Investment Period and does not take into account any management fees, transaction costs or expenses charged to shareholders. The Cap will be reduced by these when taken into account.

The Fund only seeks to provide shareholders that hold shares for an entire Investment Period with a buffer against a pre-determined percentage of Underlying ETF losses (based upon the value of the Underlying ETF at the time the Fund entered into the FLEX Options on the first day of its Investment Period) during an Investment Period. You will bear all Underlying ETF losses beyond that pre-determined percentage. The buffer is provided prior to taking into account annual Fund management fees, operating expenses, transaction fees, and any extraordinary expenses incurred by a Fund. A shareholder that purchases shares at the beginning of an Investment Period may lose their entire investment. While each Fund seeks to limit losses for shareholders who hold shares for the entire Investment Period, there is no guarantee it will successfully do so.

Swan Global Management, LLC serves as investment sub-adviser to the Fund. Swan Global Investments, LLC (“Swan”) is an independent Investment Advisory headquartered in Durango, Colorado registered with the U.S. Securities and Exchange Commission under the Investment Advisers Act or 1940. Being an SEC-registered advisor implies no special qualification or training. Swan offers and manages its Defined Risk Strategy, as well as, option-based overlay strategies to individuals, institutions and other advisory firms.

Create A Custom Portfolio Allocation:

This tool in intended to illustrate how a custom portfolio consisting of the Pacer Swan SOS Conservative ETF, the Pacer Swan SOS Moderate ETF, and the Pacer Swan SOS Flex ETF would perform in a given year, with given market performance relative to the S&P 500. Please note that this tool is for information purposes only, and may not reflect the true performance of an investment strategy.

To use, select an allocation between the three ETFs or enter a dollar amount into each allocation box. The graph below shows how each ETF individually would perform based on the set buffer and cap, and will automatically show how your custom allocation would perform over the course of a year.

Moderate Allocation

{{allocation_a}} %

Conservative Allocation

{{allocation_b}} %

Flex Allocation

{{allocation_c}} %

Initial Portfolio Value:
{{total_dollar_display}}

Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate, so shares may be worth more or less when redeemed or sold. Current performance may be lower or higher than the performance quoted. Visit www.paceretfs.com for the most recent month-end performance. Index returns are for illustrative purposes only. Index performance does not reflect any management fees, transaction costs, or expenses. You cannot invest directly in an index.

This is a hypothetical illustration tool that is to be used only as a reference for a possible allocation among the Pacer Swan SOS ETFs.  The tool is intended to illustrate the potential payoff profiles of each Pacer Swan Structured Outcome Series ETF relative to the S&P 500 Index and as well as using various blends of the ETFs.  This tool should not be used as the basis for any investment purchase of any product nor does it imply any financial planning recommendation.  Read the Prospectus carefully and understand each fund’s objective and expenses before making any investment in the funds.  When possible, consult an investment professional before investing.   

The structured outcomes may only be realized if you are holding shares on the first day of an Investment Period and continue to hold them on the last day of that Investment Period. If you purchase shares after an Investment Period has begun or sell shares prior to an Investment Period’s conclusion, you may experience investment returns very different from those that the Fund seeks to provide. There is no guarantee that the Fund will achieve its investment objective.

The Funds have characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see “Investor Suitability” in the prospectus.

IMPORTANT: The projections or other information generated by this tool regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results.

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 buffered loss risk, cap change risk, capped upside risk, counterparty risk, ETF risks, FLEX options correlation risk, FLEX options liquidity risk, FLEX options valuation risk, investment period risk, large-capitalization investing risk, management risk, market risk, new fund risk, non-diversification risk, special tax risk, underlying ETF risk, and/or special risks of exchange traded funds.

The Fund will invest substantially all of its assets in FLexible EXchange® Options (“FLEX Options”) that reference the SPDR® S&P 500® ETF Trust (the “Underlying ETF”). FLEX Options are customizable exchange-traded option contracts guaranteed for settlement by the Options Clearing Corporation. The Fund uses FLEX Options to employ a “structured outcome strategy.” Structured outcome strategies seek to produce pre-determined target investment outcomes based upon the performance of an underlying security or index. The pre-determined structured outcomes sought by the Funds, which include the buffer and cap discussed below, are based upon the performance of the Underlying ETF over a one year period.

Fund shareholders are subject to an upside return cap that represents the maximum percentage return an investor can achieve from an investment in a Fund for an Investment Period. Therefore, even though the Funds’ returns are based upon the Underlying ETF, if the Underlying ETF experiences returns for an Investment Period in excess of the Cap, an investor will not experience those excess gains. The Cap is set on the first day of a Funds’ Investment Period and does not take into account any management fees, transaction costs or expenses charged to shareholders. The Cap will be reduced by these when taken into account.

The Fund only seeks to provide shareholders that hold shares for an entire Investment Period with a buffer against a pre-determined percentage of Underlying ETF losses (based upon the value of the Underlying ETF at the time the Fund entered into the FLEX Options on the first day of its Investment Period) during an Investment Period. You will bear all Underlying ETF losses beyond that pre-determined percentage. The buffer is provided prior to taking into account annual Fund management fees, operating expenses, transaction fees, and any extraordinary expenses incurred by a Fund. A shareholder that purchases shares at the beginning of an Investment Period may lose their entire investment. While each Fund seeks to limit losses for shareholders who hold shares for the entire Investment Period, there is no guarantee it will successfully do so.

Swan Global Management, LLC serves as investment sub-adviser to the Fund. Swan Global Investments, LLC (“Swan”) is an independent Investment Advisory headquartered in Durango, Colorado registered with the U.S. Securities and Exchange Commission under the Investment Advisers Act or 1940. Being an SEC-registered advisor implies no special qualification or training. Swan offers and manages its Defined Risk Strategy, as well as, option-based overlay strategies to individuals, institutions and other advisory firms.

Premium/Discount

As of Apr 13, 2021

From Jan 4, 2021 to Apr 13, 2021
Days traded at premium 61
Days traded at discount 8
As of Date Discount Premium
01/04/2021 0.42
01/05/2021 0.41
01/06/2021 0.53
01/07/2021 0.44
01/08/2021 0.37
01/11/2021 0.34
01/12/2021 0.49
01/13/2021 0.41
01/14/2021 0.35
01/15/2021 0.26
01/19/2021 0.37
01/20/2021 0.45
01/21/2021 -0.04
01/22/2021 0.43
01/25/2021 0.33
01/26/2021 0.47
01/27/2021 0.17
01/28/2021 0.43
01/29/2021 0.78
Next

PSFD Premium/Discount Q2 2021

From Apr 1, 2021 to Apr 13, 2021
Days traded at premium 8
Days traded at discount 0
As of Date Discount Premium
04/01/2021 0.04
04/05/2021 0.11
04/06/2021 0.14
04/07/2021 0.18
04/08/2021 0.21
04/09/2021 0.01
04/12/2021 0.06
04/13/2021 0.06

 

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    as of 12/31/20

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