Investment Objective: |
The fund tracks the total return performance, of the Pacer Trendpilot European Index. FTSE Eurobloc Index derived from the FTSE Global Equity Index Series (GEIS),covering 98% of the worlds investable market capitalization. Includes large- and mid-cap stocks screened for liquidity and investability provides coverage of the 11 developed markets in the Eurozone. From the equity position, the Index will change to the 50/50 position or the T-Bill position depending on the the 50/50 Indicator and the T-Bill Indicator. When the FTSE Eurobloc Total Return Index (EUR) closes below its 200 Day SMA for five consecutive business days, the exposure of the Index will be 50% to the FTSE Eurobloc Index (USD) and 50% to 3-Month US Treasury bills. From the 50/50 position, the Index will return to the equity position or change to the T-Bill position depending on the Equity Indicator or T-Bill Indicator. When the FTSE Eurobloc Total Return Indexs (EUR) 200 Day SMA closes lower than its value from five business days earlier, the exposure of the Index will be 100% to 3-Month US Treasury bills. From the T-Bill position, the Index will change to the equity position when the Equity Indicator is triggered. The Index will not return to its 50/50 position unless the Equity Indicator is first triggered. |