Tuesday, April 6, 2021

Two New ETFs filed: S&P 500 yield +

Pacer Metaurus US Large Cap Target Dividend 300 ETF

Pacer Metaurus US Large Cap Target Dividend 400 ETF



Tickers: TBD

Exchange: TBD

Expense ratios: TBD

Original filing date: April 6, 2021

Effective date: June 21, 2021

Listing Date: TBD

CUSIP: TBD

Active: No

Index / Benchmark:

Metaurus US Large Cap Target Dividend Index – Series 300

Metaurus US Large Cap Target Dividend Index – Series 400 

Investment Objective:

Index tracking

 

Investment Strategy / Index Methodology

S&P500 components and annual futures contracts that provide exposure to ordinary dividends paid on the constituents of the S&P 500. S&P components and futures contracts will be proportionately weighted to provide either 300% or 400% dividend yield of S&P 500.


Constituents:

  • S&P 500 constituents or ETFs
  • Annual futures contracts on dividends of constituents of S&P 500


Adviser: Pacer Advisors, Inc.

Sub-Adviser: Metaurus Advisors LLC

 

Adminstrator: U.S. Bank Global Fund Services

Fund accountant: U.S. Bank Global Fund Services

Custodian: U.S. Bank National Association

Distributor: Pacer Financial, Inc.

Legal counsel: Practus LLP

External accounting: Sanville & Company

 

Prospectus is here.






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