- What does PSFM invest in?
- This exchange-traded fund (ETF) is structured to emulate the investment performance of the SPDR S&P 500 ETF Trust (its reference ETF) over an approximate one-year period, prior to accounting for any fees or expenses. A key feature is that while it seeks to track gains, its upside potential is constrained by a predetermined maximum return, known as the "Cap." Conversely, the fund also includes a built-in "Buffer" to help cushion against potential losses and reduce downside risk.
- What is the expense ratio of PSFM?
- Pacer Swan SOS Flex (April) ETF (PSFM) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PSFM?
- Pacer Swan SOS Flex (April) ETF (PSFM) manages $24.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is PSFM actively managed or an index fund?
- PSFM is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (PSFM's is 0.49%) because there's no security selection cost.
- When was PSFM launched?
- Pacer Swan SOS Flex (April) ETF (PSFM) launched in March 2021 and is managed by Pacer.
- How has PSFM performed?
- PSFM's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
