| Investment Objective: |
ThePacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF(the "Fund") employs a "passive management" (or indexing) investment approach designed to track the total return performance, before fees and expenses, of the Metaurus Nasdaq-100 Dividend Multiplier Total Return Index - Series 600(the "Index"). The Index, as designed, has two components: (i) a Nasdaq-100 component (the "Nasdaq-100 Component") and (ii) a dividend component (the "Dividend Component") consisting of long positions in annual futures contracts that provide exposure to ordinary dividends paid on the common stocks of companies included in the Nasdaq-100 Index (the "Nasdaq-100"). The Nasdaq-100 Component is comprised of securities that replicate the Nasdaq-100. The Dividend Component is designed to give the Fund exposure to approximately 600% of the ordinary dividends the Fund would otherwise have expected to receive from its investment in the Nasdaq-100 Component. The allocation (or weighting) within the Index between the Dividend Component and the Nasdaq-100 Component will be determined such that the Index's total exposure to the ordinary dividends to be paid by the companies that comprise the Nasdaq-100 Index over the next three years will equal 600%. |
