COWZ 📈 Pacer US Cash Cows 100 - Overview

The Pacer US Cash Cows 100 ETF, listed on BATS under the ticker COWZ, is designed to track an index that focuses on large and mid-capitalization U.S. companies with high free cash flow yields. This approach is based on an objective, rules-based methodology, aiming to provide exposure to companies that are commonly referred to as 'cash cows' due to their ability to generate significant amounts of free cash flow. By investing in these companies, the fund seeks to offer a portfolio that is comprised of stable, cash-rich businesses.

Under normal operating conditions, the fund allocates at least 80% of its total assets, excluding any collateral held from securities lending, to the component securities of the index. This significant allocation ensures that the fund's portfolio closely mirrors the composition of the underlying index, thereby providing investors with the intended exposure to U.S. cash cow companies. The index's methodology is crucial in identifying companies with high free cash flow yields, which can be an indicator of a company's financial health and potential for long-term stability and growth.

The Pacer US Cash Cows 100 ETF is categorized as a Mid-Cap Value ETF, reflecting its focus on mid-capitalization companies that exhibit value characteristics, such as high free cash flow yields. With an ISIN of US69374H8815, this ETF offers investors a specific investment strategy that combines the benefits of mid-cap companies with the financial stability implied by high cash flow generation. By targeting cash cow companies, the fund aims to provide a unique investment opportunity that balances growth potential with the financial solidity of established businesses.