PHILADELPHIA, PA — Pacer ETFs has announced the launch of two innovative funds, MILK and FOWF, designed to address distinct investor needs.
MILK is a corporate bond strategy that builds on Pacer’s successful Cash Cows Series. Targeting large cap companies with high free cash flow yield and margins, MILK takes a unique approach by selecting bonds across the credit scale, unlike traditional investment-grade-focused bond strategies. The fund seeks to enhance portfolio yield by leveraging the investment universes of Pacer’s flagship ETFs, COWZ and COWG. “Building on the continued success of the Cash Cows Series, the launch of MILK was a natural next step in expanding our fund line-up,” said Sean O’Hara, president of Pacer ETF Distributors.
Meanwhile, FOWF offers investors exposure to emerging defense technologies like artificial intelligence, cybersecurity, drone systems, and advanced communication networks. This rules-based fund weights its portfolio based on Department of Defense spending, reflecting real-world capital flow toward key defense priorities. The strategy focuses on companies in the U.S. and allied nations that are driving advancements in global security. “The launch of FOWF reinforces our commitment to delivering innovative solutions for investors, providing access to companies at the forefront of critical emerging defense technologies,” said Joe Thomson, president of Pacer Financial.
With MILK and FOWF, Pacer ETFs continue to diversify their offerings, aiming to meet evolving market demands and provide investors with tools to capitalize on high-growth opportunities.
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