Pacer ETFs Achieve Significant Milestones and New Offerings
Pacer ETFs Shows Remarkable Asset Growth and Innovation
Pacer ETFs, the leading U.S. issuer of free cash flow exchange-traded funds (ETFs), has wrapped up an impressive year marked by substantial asset escalation, innovative fund introductions, and significant recognitions within the industry. As 2024 commenced, Pacer reported an astounding $35 billion in assets under management, and by year's end, that number soared an impressive 31.19%, surpassing $46 billion.
Strategic Positioning for Continued Success
"Our success stems from our commitment to developing strategic investment options that meet the evolving needs of investors," said Sean O’Hara, president of Pacer ETF Distributors. Joe Thomson, founder of Pacer, highlighted the importance of their partnerships and investor support, stating, "This achievement would not be possible without the unwavering dedication of our partners and clients. We aim to continue leading the way in ETF excellence." This focus has propelled Pacer to a prominent position in the financial market.
Introduction of New Fund Products
Pacer ETFs launched an exciting selection of ten new funds in 2024, responding to demand for innovative investment strategies. Among these were three standout funds: the Pacer US Cash Cows Bond ETF (ticker: MILK), the Pacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETF (ticker: QQQG), and the Pacer Developed Markets Cash Cows Growth Leaders ETF (ticker: EAFG). These funds are part of Pacer’s rapidly expanding Cash Cows Index® ETF Series, known for aiding investors in achieving their financial goals while optimizing market opportunities.
Expansion into European Markets
In a bold move to enhance its global presence, Pacer ETFs also introduced three Cash Cows UCITS products, formally establishing its footprint in the European market. Additionally, Pacer aims to bolster its diversified offerings with the Pacer Metaurus Dividend Multiplier ETF Series, the Pacer Leaders ETF Series, and the Pacer Custom ETF Series. Such expansions signal Pacer's ambition to extend its investor base and capture new market segments.
Industry Recognition and Awards
Pacer’s outstanding performance and innovative strategies have not gone unnoticed. In 2024, the firm received several prestigious awards, solidifying its reputation as a key player in the ETF landscape. Notably, the Pacer US Small Cap Cash Cows 100 ETF (CALF) was honored as the ETF of the Year at the 2024 etf.com Awards, acknowledging its significant impact in improving investor outcomes. The Pacer Cash Cows Index® ETF Series received the accolade for ETF Suite of the Year from With Intelligence’s Mutual Fund & ETF Awards, reflecting its performance and innovation.
Further Accolades for Pacer ETFs
Moreover, Pacer ETFs was named the Best US Equity ETF Issuer among firms with assets between $10 billion and $100 billion at the 2024 ETF Express US Awards, showcasing its commitment to excellence and solidifying its standing among major financial industry players.
Conclusion: A Future-Focused Approach
Pacer continues to pave the way with its forward-thinking investment strategies and robust growth, providing valuable solutions that cater to the evolving market dynamics. As the firm looks to the future, it remains committed to building upon its successes and delivering innovative products to its investors. By maintaining a focus on collaboration and adaptability, Pacer ETFs is poised for continued growth and industry leadership.
Frequently Asked Questions
What is Pacer ETFs' primary focus in the market?
Pacer ETFs primarily focuses on free cash flow ETFs, providing innovative investment strategies to meet investor demands.
How much did Pacer ETFs grow its assets in 2024?
Pacer ETFs experienced a growth of 31.19%, increasing its assets to over $46 billion by the end of 2024.
What recent awards has Pacer ETFs received?
Pacer ETFs received multiple awards in 2024, including ETF of the Year for the Pacer US Small Cap Cash Cows 100 ETF (CALF).
How many new funds did Pacer ETFs launch in 2024?
Pacer ETFs launched ten new fund products in 2024 to diversify and enhance its investment offerings.
What markets is Pacer ETFs expanding into?
Pacer ETFs has expanded into European markets, further increasing its global presence with new product launches.
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