Research > ETFs > ETF / ETP Commentary > 

Pacer Launches Set of SOS ETFs in Partnership with Swan

  • Related Symbols
  • SPY
In December, Pacer ETFs announced their new Structured Outcome Strategies (SOS) fund family: The Pacer Swan SOS ETF Series. With this hedged equity suite, there will be a deeper roster of risk-managed ETF offerings for issuers.Pacer has partnered with Swan Global Management, LLC, which will act as the sub-advisor for the fund family to help pull this off. The Pacer Swan SOS ETF Series seeks to match returns of the SPDR S&P 500 ETF (SPY A) Trust up to a predetermined cap on the upside while also offering investors a buffer against market decline to a predetermined point.“As we enter the new year with continued market uncertainty, it is important for us to bring our investors a product that offers a more defined outcome, and with that, potential for a higher degree of confidence,” says Sean O’Hara, president of Pacer ETFs Distributors.He continues, “Our Pacer Swan SOS ETF Series offers just that in an easy-to-use wrapper. We feel this will make an excellent addition to our preexisting fund families and hope that investors see the benefit of owning a strategy like this in their portfolios.”New Family, New RulesPacer’s Structured Outcome Strategies fund family consists of three ETFs that offer their own set of buffer rules. The Fund of Funds, set to launch on December 29th, 2020, will be composed of the below Pacer Swan SOS ETFs, though the sub-advisor has the ability to insert other Pacer ETFs into the fund at their discretion.The new fund family features the Pacer Swan SOS Conservative ETF (PSCX), the Pacer Swan SOS Moderate ETF (PSMD), the Pacer Swan SOS Flex ETF (PSFD), and the Pacer Swan SOS Fund of Funds ETF (PSFF). And this set of funds are now available for trading on the Cboe BZX Exchange.“This is an exciting partnership between Swan and Pacer,” says Micah Wakefield, Portfolio Manager and Director of Research & Product Development at Swan Global Investments. “As experts in hedging options strategies, packaging Swan’s capabilities into defined outcome ETFs is an exciting advancement. Our partnership with Pacer delivers our respective area of expertise from a very capable, combined, end-to-end team.”“We are actively trying to anticipate the needs of each of our investors and provide them with a strategic investment opportunity that’s suited to evolving market conditions,” shares Joe Thomson, founder and President of Pacer Financial, the distributor of Pacer ETFs. “Our long-term growth has been proven by our ability to meet those needs, and we are confident that our addition of the Pacer Swan SOS ETF series highlights our mission.”To learn more, visit www.paceretfs.com.This article originally appeared on ETFTrends.com.

Performance data shown is past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. For standard quarterly performance, go to the fund's Snapshot page by clicking on the ETF/ETP's symbol.

ETFs may trade at a premium or discount to their NAV and are subject to the market fluctuations of their underlying investments.

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. Additional information about the sources, amounts, and terms of compensation can be found in the ETF's prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock, Inc. and its affiliates.

FBS receives compensation from the fund's advisor or its affiliates in connection with a marketing program that includes the promotion of this security and other ETFs to customers ("Marketing Program"). The Marketing Program creates incentives for FBS to encourage the purchase of certain ETFs. Additional information about the sources, amounts, and terms of compensation is in the ETF's prospectus and related documents. Please note that this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral.

News, commentary (including "Related Symbols") and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.