- What does PSMR invest in?
- This exchange-traded fund (ETF) is designed to mirror the performance of the SPDR S&P 500 ETF Trust (its underlying benchmark) over an approximate one-year period, before accounting for its own operational costs and fees. While aiming to capture the upside returns of that benchmark, it does so only up to a predetermined maximum gain, known as the "Cap." Simultaneously, it incorporates a mechanism, referred to as the "Buffer," to help mitigate against downside market movements during the same timeframe.
- What is the expense ratio of PSMR?
- Pacer Swan SOS Moderate (April) ETF (PSMR) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PSMR?
- Pacer Swan SOS Moderate (April) ETF (PSMR) manages $90.5M 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 PSMR actively managed or an index fund?
- PSMR 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 (PSMR's is 0.49%) because there's no security selection cost.
- When was PSMR launched?
- Pacer Swan SOS Moderate (April) ETF (PSMR) launched in March 2021 and is managed by Pacer.
- How has PSMR performed?
- PSMR'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.