Pacer Trendpilot US Mid Cap ETF (PTMC US) – Portfolio Construction Methodology

The underlying Pacer Trendpilot US Mid Cap Index delivers a rules-based trend-following process that allocates among 100% S&P MidCap 400 exposure, a 50% S&P MidCap 400/50% 3-Month U.S. T-bill mix, or 100% 3-Month U.S. T-bills. When the S&P MidCap 400 Total Return Index closes above its 200-business-day simple moving average for five consecutive business days, exposure shifts to 100% equity; five days below the average shifts to 50/50. If the 200-day average itself is lower than its level five business days earlier, exposure moves to 100% T-bills. An “extreme valuation” trigger moves to 50/50 if the index closes 20% below its 200-day average. Changes become effective after the close on the first business day following a trigger, with the new position in effect on the second business day. Signals are evaluated each business day; no security selection or weighting occurs beyond these exposures.

To explore PTMC in more depth, visit our ETF analytics platform for institutional-grade insights — including performance and risk metrics, correlations, sensitivities, and factor exposure: https://www.etfstrategy.com/etf/PTMC_US