Pacer Emerging Markets Cash Cows 100 ETF

The index uses an objective rules-based methodology to provide exposure to large and mid-capitalization companies in emerging markets with high free cash flow yields. Under normal circumstances at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. It is non-diversified.