PSFJ

📎 Investment Objective

The Pacer Swan SOS Flex (July) ETF seeks to provide investors with a defined outcome investment strategy that aims to provide upside participation in the S&P 500 Index, subject to a cap, while providing a buffer against the first 10% of losses over a one-year period.

✨ Key Features

• Defined outcome strategy that aims to provide upside participation up to a cap while limiting downside risk
• Resets options positions annually in July to maintain the defined outcome parameters
• Relatively low expense ratio of 0.00%
• Limited performance history as the fund is new

⚠️ Primary Risks

• Market risk - the fund's returns are tied to the performance of the S&P 500 Index
• Option strategy risk - the options-based approach carries inherent risks and may not perform as expected
• Capped upside potential - the fund's returns are subject to an upside cap, limiting participation in strong market gains
• Limited track record - as a new fund, it has a limited performance history to evaluate

👤 Best For

This ETF may be suitable for investors seeking a defined outcome strategy that provides some upside participation in the equity market while limiting downside risk. It could be used as a core or satellite holding in a diversified portfolio. However, given the fund's limited history, investors should carefully evaluate if the defined outcome parameters align with their investment objectives and risk tolerance.