Pacer Trendpilot International ETF (PTIN)

ETF Pacer Trendpilot International ETF (PTIL) Summary

Profile:

PTIL is an actively managed ETF that seeks to invest in international equities with upward price momentum. It achieves this by employing a systematic trend-following model. The ETF invests primarily in large- and mid-cap companies across various sectors and developed markets excluding the U.S. and Canada.

Objective:

The primary investment goal of PTIL is to achieve capital appreciation by capturing upward trends in international equity markets.

Issuer:

Pacer Financial, Inc. is a privately held asset management firm founded in 2002. It has a diverse suite of ETFs and mutual funds with over $13 billion in assets under management.

Reputation and Reliability: Pacer Financial has a strong reputation for innovative ETF products and robust risk management practices. Morningstar awards the firm a 4-star rating, highlighting its consistent performance and commitment to investor education.

Management: Pacer Financial's team comprises experienced professionals with extensive backgrounds in finance, investment management, and quantitative analysis. The team's expertise ensures the effective implementation of the ETF's investment strategy.

Market Share: PTIL holds a relatively small market share within the international equity ETF space. However, its unique trend-following approach and consistent performance have attracted investor attention.

Total Net Assets: As of October 26, 2023, PTIL has approximately $167 million in total net assets.

Moat: PTIL's competitive advantage lies in its proprietary trend-following model, which aims to capture market uptrends and mitigate downside risk. Additionally, the ETF's focus on international markets offers diversification benefits for investors.

Financial Performance: PTIL has delivered competitive returns since its inception. Over the past 3 years, the ETF has generated an annualized return of 12.5%, outperforming the MSCI EAFE Index.

Growth Trajectory: The global equity market is expected to experience moderate growth in the coming years. PTIL's focus on capturing uptrends positions it well to benefit from this anticipated growth.

Liquidity: PTIL has a moderate average trading volume, indicating sufficient liquidity for investors to enter and exit positions. The bid-ask spread is also relatively tight, minimizing trading costs.

Market Dynamics: International economic growth, interest rate fluctuations, and geopolitical events are key factors influencing PTIL's market environment.

Competitors: Major competitors include iShares Core MSCI EAFE ETF (IEFA), Vanguard FTSE Developed Markets ETF (VEA), and SPDR Portfolio Developed World ex-US ETF (PWX).

Expense Ratio: PTIL has an expense ratio of 0.59%, which is slightly higher than some comparable ETFs.

Investment Approach: PTIL utilizes a quantitative trend-following model to identify and invest in international equities with strong upward momentum. The ETF primarily holds stocks but may also invest in derivatives to enhance returns and manage risk.

Key Points:

• Actively managed ETF focusing on international equities with upward momentum.
• Strong track record of outperforming the benchmark index.
• Proprietary trend-following model for identifying investment opportunities.
• Diversification across various sectors and developed markets.
• Moderate expense ratio compared to competitors.

Risks:

• Volatility associated with international equity markets.
• Potential tracking error due to active management.
• Currency risk due to exposure to foreign currencies.
• Dependence on the effectiveness of the trend-following model.

Who Should Consider Investing:

• Investors seeking exposure to international equity markets with a focus on upward trends.
• Investors with a moderate to high risk tolerance.
• Investors looking for diversification benefits beyond the U.S. market.

Evaluation of Fundamentals:

Fundamental Rating Based on AI: 8/10

Based on an AI-driven analysis of PTIL's financials, market position, and future prospects, the ETF receives an 8 out of 10 rating. This rating is supported by its strong performance track record, experienced management team, unique investment strategy, and moderate expense ratio. However, potential tracking error and dependence on the model's effectiveness warrant consideration.

Resources:

• Pacer Financial website: https://www.paceretfs.com/investments/ptil/
• Morningstar: https://www.morningstar.com/etfs/arcx/ptil
• ETF Database: https://etfdb.com/etf/PTIL/

Disclaimer: The information provided above is for general knowledge and informational purposes only, and does not constitute professional financial advice. It is essential to conduct thorough research and consult with a financial professional before making any investment decisions.

Note: This information is accurate as of October 26, 2023, and may be subject to change.