| Investment Objective: |
The Pacer Swan SOS Moderate (November) ETF (the "Fund") seeks to provide investors with returns that, before fees and expenses of the Fund, match those of the SPDR S&P 500 ETF Trust ("the Underlying ETF") up to a predetermined upside cap of 6.06% (before fees and expenses of the Fund) and 5.57% (after fees and expenses of the Fund), while providing a buffer against the first 15% of Underlying ETF losses, over the period from May 1, 2026 to October 30, 2026. The Fund is an actively managed exchange-traded fund ("ETF") that, under normal market conditions, invests substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the share price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"). The Fund uses FLEX Options to employ a "structured outcome strategy." Structured outcome strategies seek to produce pre-determined target investment outcomes based upon the performance of an underlying security or index |
