Pacer ETFs Introduces New Way to Access World’s Most Innovative Companies with Launch of the Pacer Nasdaq International Patent Leaders ETF
September 17 2024 - 9:00AM
Business Wire
The firm delivers a new strategy for
growth-minded investors by targeting international innovation
opportunities through the lens of patent valuations
Pacer ETFs (“Pacer”), the leading U.S. issuer in free cash flow
ETFs*, announces the launch of the Pacer Nasdaq International
Patent Leaders ETF (Nasdaq: PATN). This first-of-its-kind ETF
tracks the top 100 companies within the Nasdaq Global Ex-United
States Large Mid Cap Index based on patent valuation.
PATN aims to identify the top 100 companies positioned to drive
innovation and long-term growth beyond the U.S., just as the Nasdaq
100 delivers exposure to the top 100 U.S. companies based on
innovation. Pacer partnered with Nasdaq to launch a strategy
emphasizing patent valuations, as patents are strong indicators of
a company’s competitive edge and future potential, offering a fresh
lens for evaluating market leadership.
Traditionally, international ETF solutions offer diversification
and tend to be largely overweight in sectors such as financials and
energy. PATN provides investors with an opportunity to access the
alpha generated by international ingenuity in a more
growth-oriented way by focusing on countries and sectors driving
research and development, including technology, healthcare and
consumer discretionary.
“Despite impressive innovation in international markets,
investors lack options to capture this potential due to prolonged
stagnation,” said Sean O’Hara, President of Pacer ETF Distributors.
“By looking beyond traditional metrics and identifying
international innovation leaders, we believe we can offer a better
way to tap into ex-U.S. growth for investors.”
“We recognize that investors need new, more effective ways to
access international markets, as traditional strategies lack
differentiation,” said Joe Thomson, Founder and President of Pacer.
“Up to this point, no one has applied the concept of patent
valuation as a way to identify companies that exhibit growth
characteristics and I’m exceptionally proud of the Pacer Team for
leading the charge with this new fund.”
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 calculation methodology risk, currency
exchange rate risk, equity market risk, ETF risks, foreign
securities risk, geographic concentration risk, international
operations 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.
Nasdaq®, Nasdaq International Patent Leaders™; NQIPL™ are
trademarks of Nasdaq, Inc. and its licensors (which with its
affiliates is referred to as the “Corporations”) and are licensed
for use by Pacer Advisors. 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).
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED
Distributor: Pacer Financial, Inc., member FINRA, SIPC, an
affiliate of Pacer Advisors, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20240917087614/en/
Media Klaudia Wierzbowska Gregory FCA for Pacer ETFs
570-856-1360 klaudia@gregoryfca.com Company Ashlee Thomson
for Pacer ETFs 610-981-6214 ashlee.thomson@pacerfinancial.com
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