MALVERN, Pa.--(BUSINESS WIRE)--Pacer ETFs, the leading U.S. issuer in free cash flow ETFs*, adds to its successful Dividend Multiplier ETF Series with the launch of the Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (Nasdaq: QSIX). This innovative ETF, launched in partnership with Metaurus Advisors, LLC, is designed to provide investors with 600% of the ordinary dividend yield of the Nasdaq-100, while maintaining modestly reduced exposure to the overall performance of the index, delivering a unique mix of growth potential and consistent income.
“Investors are eager for income while aiming to capture the long-term capital appreciation that an index like the Nasdaq offers,” said Sean O’Hara, President at Pacer ETF Distributors.
QSIX aims to deliver six times the dividend yield of the Nasdaq-100 without using leverage or options by separating the Nasdaq-100’s return components into dividend cash flow and price appreciation/depreciation. The fund reduces equity exposure to the Nasdaq-100, reallocating the remaining capital to buy cash-like instruments as collateral, enhancing dividend participation. These components are then repackaged into the fund, offering six times the yield with approximately 90% exposure to the index. The transparent, straightforward approach makes it an attractive choice for income-focused investors.
“We’ve seen increasing demand for QDPL, our dividend multiplier ETF that aims to provide four times the dividend to the S&P 500, and we’ve been really pleased with our partnership with Metaurus,” added Joe Thomson, Founder and President of Pacer. “With QSIX we see an equally compelling opportunity that we did with QDPL, to deliver investors and advisors an innovative way to generate income while maintaining equity exposure to a core index.”
To learn more about Pacer’s strategies and fund offerings, visit paceretfs.com.
*Source: Bloomberg. Number one in net flows across free cash flow based ETFs in the U.S. from 12/31/22-12/31/23.
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 1-877-577-2000. 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 risk, currency exchange rate risk, depositary receipt risk, derivatives risk, developed countries risk, dividends risk, equity market risk, ETF risks, foreign securities risk, futures contract risk, index provider risk, large and mid-capitalization investing risk, new fund risk, passive investment risk, tracking error risk, trading halt risk, and/or special risks of exchange traded funds.
Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, and NDX® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Pacer Advisors, Inc. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
Dividends Risk: There can be no assurance that a dividend-paying company will continue to make regular dividend payments. The ability for a company to pay dividends is dependent on the economic climate and the companies’ current earnings and capital resources. Changes in economic conditions or a company’s earnings or financial resources could cause a company to reduce its dividend payments or suspend the payment of dividends altogether. The possibility that such companies could reduce or eliminate the payment of dividends in the future, especially if the companies are facing an economic downturn, could negatively affect the Fund’s performance.
Metaurus Advisors LLC serves as investment sub-advisor to the Fund.
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED
Distributor: Pacer Financial, Inc., member FINRA, SIPC, an affiliate of Pacer Advisors, Inc.
