Pacer ETFs Expands Cash Cows Series with Launch of Developed Markets Growth Leaders ETF
Pacer ETFs (“Pacer”), an ETF issuer focused on strategy-driven, rules-based ETFs, announces today the launch of the Pacer Developed Markets Cash Cows Growth Leaders ETF (NYSE: EAFG).
- Pacer ETFs (“Pacer”), an ETF issuer focused on strategy-driven, rules-based ETFs, announces today the launch of the Pacer Developed Markets Cash Cows Growth Leaders ETF (NYSE: EAFG).
- The fund joins the firm’s successful Cash Cows fund family, a series of ETFs centered around free cash flow focused strategies.
- EAFG’s strategy tracks the Pacer Developed Markets Cash Cows Growth Leaders Index, pulling the top 100 international large- and mid-cap securities in developed markets with above-average free cash flow margin from the MSCI EAFE Index.
- “As markets have been impacted by elevated interest rates and geopolitical tensions, investors’ attention has shifted towards resilient strategies like the high free cash flow approach of our Cash Cows funds,” says Sean O’Hara, President of Pacer ETF Distributors.