Pacer Swan SOS Moderate (July) ETF

Frequently Asked Questions About PSMJ

What does PSMJ invest in?

This exchange-traded fund (ETF) is structured to replicate the gross returns (before fees and expenses) of the SPDR S&P 500 ETF Trust, its chosen benchmark. It aims to achieve this while simultaneously limiting potential profits with a predefined upside cap. Crucially, it also integrates a protective buffer to mitigate a certain amount of downside risk. These specific performance characteristics are applicable over an approximate one-year timeframe.

What is the expense ratio of PSMJ?

Pacer Swan SOS Moderate (July) ETF (PSMJ) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PSMJ?

Pacer Swan SOS Moderate (July) ETF (PSMJ) manages $107.7M 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 PSMJ actively managed or an index fund?

PSMJ 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 (PSMJ's is 0.49%) because there's no security selection cost.

When was PSMJ launched?

Pacer Swan SOS Moderate (July) ETF (PSMJ) launched in June 2021 and is managed by Pacer.

How has PSMJ performed?

PSMJ'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.