Pacer ETFs lists one new ETF on the LSE

Pacer ETFs lists one new ETF on the London Stock Exchange

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Sean O’Hara, President of Pacer ETFs Distributors

Pacer US Small Cap Cash Cows ETF

A strategy driven exchange traded fund that aims to provide capital appreciation over time by screening the S&P US SmallCap for the top 200 small-cap companies based on free cash flow yield.

Cash Cows Index Strategy

Free cash flow is the cash remaining after a company has paid expenses, interest, taxes, and long-term investments. It can be used to buy back stock, pay dividends, or participate in mergers and acquisitions.

The ability to generate a high free cash flow yield indicates a company is producing more cash than it needs to run the business and can invest in growth opportunities.

Small-cap companies offer a variety of opportunities including exposure to companies with higher growth that are often under-researched.

Source : ETFWorld.co.uk