Pacer Advisors, Inc. to Close and Liquidate the Pacer Military Times Best Employers ETF (VETS)
After careful consideration, the Board of Trustees of Pacer Funds Trust has determined to close and liquidate the Pacer Military Times Best Employers ETF (NASDAQ:VETS) (the "Fund"). Pacer Advisors, Inc. ("Pacer Advisors") serves as the investment adviser to the Fund.
The Fund will be closed to orders for new creation units as of July 27, 2021 and the last day of trading of the Fund's shares on the Nasdaq Exchange will be July 27, 2021. From July 16, 2021 through July 27, 2021, shareholders may only be able to sell their shares to certain broker-dealers, and there is no assurance that there will be a market for Fund shares during that time period. Customary brokerage charges may apply to su