Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF seeks to track the total return performance, before fees and expenses, of the Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders Index. The initial Index universe is typically derived from the component companies of the Nasdaq-100 Index. The initial universe of companies is typically screened based on their average projected free cash flows and earnings (if available) over each of the next two fiscal years. Under normal circumstances, the fund will seek to invest at least 80% of the fund's total assets in growth securities. The fund is non-diversified.
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