ODDS Profile
The Pacer BlueStar Digital Entertainment ETF is designed to provide investors with exposure to the digital entertainment sector through a passive investment strategy. The fund seeks to replicate the total return performance of its benchmark index, which is constructed using a rules-based methodology. This index includes global stocks and depositary receipts of companies actively engaged in digital entertainment.
The index focuses on companies that are heavily involved in digital entertainment, with a criterion that these firms must derive at least 50% of their revenue from activities within this sector. Digital entertainment encompasses various segments such as video games, streaming services, virtual reality, and other digital media forms that cater to consumer entertainment needs. By targeting firms with significant digital entertainment revenue, the fund aims to capture the performance of the broader industry.
To maintain alignment with its investment objective, the Pacer BlueStar Digital Entertainment ETF allocates at least 80% of its net assets, including any borrowed funds for investment purposes, to securities of companies meeting the revenue criteria for digital entertainment. This substantial allocation helps ensure that the fund's performance closely mirrors that of the index, offering investors targeted exposure to the sector.
As a non-diversified fund, the Pacer BlueStar Digital Entertainment ETF focuses specifically on digital entertainment companies and does not spread its investments across a wide array of sectors or asset types. This concentrated approach provides investors with a specialized tool to capitalize on trends and opportunities within the digital entertainment industry.
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