MALVERN, PA — Pacer ETFs recently expanded its Dividend Multiplier ETF Series with the launch of the Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (Nasdaq: QSIX). This innovative financial product, developed in collaboration with Metaurus Advisors, LLC, offers a strategy designed to provide investors with a substantial income stream combined with growth potential.
QSIX aims to deliver a remarkable 600% of the ordinary dividend yield of the Nasdaq-100 index, while slightly reducing the exposure to the overall index performance. This approach appeals to investors seeking steady income alongside long-term capital growth opportunities. Sean O’Hara, President of Pacer ETF Distributors, commented, “Investors are eager for income while aiming to capture the long-term capital appreciation that an index like the Nasdaq offers.”
Unlike many financial products that rely on leverage or options, QSIX separates the Nasdaq-100’s return into its dividend and price components. This allows the fund to focus on dividend cash flows, reducing equity exposure to the Nasdaq-100 index. The capital saved is used to purchase cash-like instruments, which serve as collateral, thereby boosting the dividend yield while maintaining roughly 90% exposure to the index’s performance. This transparent and straightforward strategy makes QSIX an appealing choice for those focused on income generation.
Joe Thomson, Founder and President of Pacer, expressed optimism about the new ETF, highlighting its potential to meet market demand for innovative income solutions. “We’ve seen increasing demand for QDPL, our dividend multiplier ETF that aims to provide four times the dividend to the S&P 500, and we’ve been really pleased with our partnership with Metaurus,” he said. “With QSIX we see an equally compelling opportunity that we did with QDPL, to deliver investors and advisors an innovative way to generate income while maintaining equity exposure to a core index.”
The launch of QSIX represents Pacer ETFs’ continued commitment to offering unique investment solutions that cater to the evolving needs of investors seeking both income and growth.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.