MALVERN, Pa.--(BUSINESS WIRE)--Pacer ETFs (“Pacer”), an ETF provider that offers strategy-driven, rules-based ETFs, launches the Pacer BlueStar Engineering the Future ETF (ticker: BULD), which aims to follow the BlueStar Global Robotics & 3D Printing Index. The rules-based index consists of globally listed stocks and depositary receipts of companies that derive at least 50% of their revenues from robotics or manufacturing automation equipment, computer-aided design (CAD) software, or 3D printing products or services and material providers.
“BULD provides exposure to the companies that are leading the technology, manufacturing and engineering industries to new heights in what is called ‘The Fourth Industrial Revolution,’” says Sean O’Hara, president of Pacer ETF Distributors. “BULD aims to follow the next generation of industrial automation that will support this societal change by enhancing supply chains, providing new solutions for mass customization and much more.”
The Pacer BlueStar Engineering the Future ETF targets manufacturing and engineering developments leading The Fourth Industrial Revolution, also known as Industry 4.0, which is characterized by disruptive industrial automation, dependency on 3D printing and robotics. In order for this revolution to take place, there must be a build out of the Internet of Things, machine-to-machine communications and computer-aided design (CAD) software to increase speed, safety and productivity in the manufacturing and engineering sectors. BULD aims to capture this trend by investing in the companies enabling this revolution.
“At Pacer ETFs, it’s our mission to provide investors with investment opportunities that tap into societal changes and have the potential to transform the way businesses operate,” says Joe Thomson, president and founder of Pacer Financial. “This ETF could provide a new way for investors to capitalize on the next big technology revolution.”
For more information on Pacer ETFs, please visit PacerETFs.com.
About Pacer ETFs
Pacer ETFs is a strategy-driven exchange-traded fund provider with 44 ETFs and over $13 billion in assets under management, as of 5/4/2022. Pacer ETFs is focused on addressing investors’ needs through its six fund families, the Pacer Trendpilot® Series, Pacer Cash Cows Index® Series, Pacer Custom ETF Series, Pacer Leaders ETF Series, Pacer Factor ETF Series and Pacer Swan SOS ETF Series. Pacer ETFs employs a rules-based, passive management approach to track S&P, NASDAQ, FTSE Russell, and Custom Indexes.
For more information, please visit PacerETFs.com.
Disclosures
Before investing you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus. A copy may be obtained by visiting www.paceretfs.com or calling 1-877-337-0500. Please read the prospectus carefully before investing.
An investment in the Funds is subject to investment risk, including the possible loss of principal. Pacer ETF shares may be bought and sold on an exchange through a brokerage account. Brokerage commissions and ETF expenses will reduce investment returns. There can be no assurance that an active trading market for ETF shares will be developed or maintained. The risks associated with this fund are detailed in the prospectus and could include factors such as concentration in robotics and 3D printing companies risk, depositary receipt risk, equity market risk, ETF risks, foreign securities risk, geographic concentration risk, index provider risk, market capitalization risk, new fund risk, non-diversification risk, passive investment risk, sector risk, tracking error risk, and/or special risks of exchange traded funds.
BlueStar Robotics and 3D Printing Index (the “Index”) is the exclusive property of MV Index Solutions GmbH, which has contracted with Solactive AG to maintain and calculate the Index. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the MV Index Solutions GmbH, Solactive AG has no obligation to point out errors in the Index to third parties including but not limited to investors and/or financial intermediaries of the financial instrument. In particular, MVIS is not responsible for the Licensee and/or for Licensee’s legality or suitability and/or for Licensee’s business offerings. Offerings by Licensee, may they be based on the Pacer BlueStar Engineering the Future ETF (“Product”) or not, are not sponsored, endorsed, sold, or promoted by MVIS, Van Eck Associates Corporation or its affiliates (collectively, “VanEck”), and MVIS and VanEck make no representation regarding the advisability of investing in Licensee and/or in Licensee’s business offerings. MVIS, VANECK AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO LICENSEE.
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED
Distributor: Pacer Financial, Inc., member FINRA, SIPC, an affiliate of Pacer Advisors, Inc.
