MALVERN, Pa.--(BUSINESS WIRE)--Pacer ETFs announces that the net asset value (NAV) per share of the Pacer Trendpilot International ETF was incorrect and caused the NAV of the Fund to be understated by $0.0905 and $0.1987 per share on 3/6/20 and 3/9/20 respectively.
Per the Fund’s Valuation Procedures, no correction was needed as the Fund didn’t experience any inflows or outflows.
For more information on the Fund and other Pacer ETFs, including the prospectus, please visit PacerETFs.com.
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 1-877-337-0500. 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 these funds are detailed in the prospectus and could include factors such as calculation methodology risk, currency exchange rate risk, equity market risk, fixed income risk, foreign securities risk, geographic concentration risk, government obligations risk, high portfolio turnover risk, large and mid-capitalization investing risk, new fund risk, non-diversification risk, passive investment risk, tracking risk, trend lag risk, and/or special risks of exchange traded funds.
Trendpilot® is a registered trademark of Index Design Group, LLC., an affiliate of Pacer Advisors, Inc.
Distributor: Pacer Financial, Inc., member FINRA, SIPC, an affiliate of Pacer Advisors, Inc.
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED
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