HERD
Pacer Cash Cows Fund of Funds ETF
📎 Investment Objective
The Pacer Cash Cows Fund of Funds ETF (HERD) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Pacer US Cash Cows 100 Index.
Overview
ETF tracking Pacer Cash Cows Fund of Funds ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Pacer Cash Cows Fund of Funds ETF (HERD) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Pacer US Cash Cows 100 Index.
🎯 Investment Strategy
The ETF invests primarily in other ETFs that track the Pacer US Cash Cows 100 Index, which is designed to identify 100 companies with high free cash flow yields. The underlying index selects and weights companies based on their free cash flow yield, aiming to provide exposure to companies that generate substantial free cash flow.
✨ Key Features
- Provides exposure to a portfolio of U.S. companies with high free cash flow yields
- Invests in other ETFs that track the Pacer US Cash Cows 100 Index
- Aims to generate returns by identifying companies with strong cash flow generation
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund invests in a concentrated portfolio of companies
- Underlying index selection and weighting methodology risk
- Potential for volatility as the fund's performance is tied to the free cash flow characteristics of the underlying companies
- Liquidity risk due to the fund's relatively small asset base
👤 Best For
The Pacer Cash Cows Fund of Funds ETF may be suitable for investors seeking exposure to a portfolio of U.S. companies with strong free cash flow generation, as part of a diversified investment strategy. Investors should be comfortable with the fund's concentration in a limited number of holdings and the potential for increased volatility compared to broader market indexes.