MALVERN, PA — Pacer ETFs has launched the Pacer MSCI World Industry Advantage ETF (CBOE: GLBL), expanding its Pacer Leaders Series. This innovative ETF aims to harness the growth potential of global developed markets by focusing on leading companies with industry advantages.
GLBL targets firms that excel in specific sectors—like luxury goods in France, manufacturing in Germany, and technology in the U.S.—by tracking the MSCI World Ricardo Comparative Advantage Select Index. This index screens top-performing companies across 23 developed markets to showcase sector-specific strengths and competitive edges.
Sean O’Hara, President of Pacer ETF Distributors, stated, “For investors looking to strengthen their global investment strategy, companies that offer a competitive advantage, often developed by decades of success and leadership, present a compelling opportunity.” He emphasized that GLBL allows investors to engage with key forces in global markets.
Joe Thomson, President of Pacer Financial, added, “We’re honored to celebrate another addition to our product offerings on the heels of several successful fund launches and asset milestones. We remain committed to maintaining this growth trajectory, and further establishing our dedication to innovation and our ability to meet investors’ evolving portfolio goals.”
This ETF presents a strategic avenue for growth-focused investors to capitalize on high-quality innovation and success in global sectors.
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