Pacer Swan SOS Moderate (June) ETF (MJUN)

The fund is an actively managed exchange-traded fund ("ETF") that, under normal market conditions, invests substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the share price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"). The fund uses FLEX Options to employ a "structured outcome strategy." Structured outcome strategies seek to produce pre-determined target investment outcomes based upon the performance of an underlying security or index. It is non-diversified.