Pacer Funds Trust

10/17/2024 | Press release | Distributed by Public on 10/17/2024 10:16

Prospectus by Investment Company - Form 497

ck0001616668-20240430
Pacer Industrial Real Estate ETF (INDS)
(the "Fund")
October 17, 2024
Supplement to the
Summary Prospectus, Prospectus, and Statement of Additional Information ("SAI"),
each dated August 31, 2024, as previously supplemented
Effective November 1, 2024, Pacer Advisors, Inc. (the "Adviser"), the investment adviser to the Fund, has contractually agreed to continue to waive 5 basis points (0.05%) of its management fee for the Fund until October 31, 2025. The fee waiver agreement may only be terminated prior to October 31, 2025 with the consent of the Adviser and the Fund's Board of Trustees, and may be renewed by the Adviser in its sole discretion. All references to the Fund's management fee in the Summary Prospectus, Prospectus, and Statement of Additional Information are hereby supplemented to reflect the aforementioned contractual fee waiver extension.
The following information replaces the sections of the Summary Prospectus and Prospectus entitled "Fees and Expenses of the Fund" and "Example":
Fees and Expenses of the Fund
The following table describes the fees and expenses you may pay if you buy, hold, and sell shares of the Fund ("Shares"). You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and Example below.
Annual Fund Operating Expenses(expenses that you pay each year as a percentage of the value of your investment)
Management Fees 0.60%
Distribution and/or Service (12b-1) Fees None
Other Expenses 0.00%
Total Annual Fund Operating Expenses 0.60%
Less Fee Waiver (0.05)%
Total Annual Fund Operating Expenses After Fee Waiver1
0.55%
1Effective November 1, 2024, the Fund's investment adviser has agreed to waive 5 basis points (0.05%) of its management fee for the Fund until October 31, 2025. The fee waiver agreement may only be terminated prior to October 31, 2025 with the consent of the Adviser and the Fund's Board of Trustees, and may be renewed by the Adviser in its sole discretion.
Example
The following example is intended to help retail investors compare the cost of investing in the Fund with the cost of investing in other funds. It illustrates the hypothetical expenses that such investors would incur over various periods if they were to invest $10,000 in the Fund for the time periods indicated and then redeem all of the Shares at the end of those periods. This example assumes that the Fund provides a return of 5% a year and that operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
1 Year 3 Years 5 Years 10 Years
$56 $187 $330 $745
Please retain this Supplement with your Summary Prospectus, Prospectus, and SAI for future reference.
Pacer Data & Infrastructure Real Estate ETF (SRVR)
(the "Fund")
October 17, 2024
Supplement to the
Summary Prospectus, Prospectus, and Statement of Additional Information ("SAI"),
each dated August 31, 2024, as previously supplemented
Effective November 1, 2024, Pacer Advisors, Inc. (the "Adviser"), the investment adviser to the Fund, has contractually agreed to continue to waive 5 basis points (0.05%) of its management fee for the Fund until October 31, 2025. The fee waiver agreement may only be terminated prior to October 31, 2025 with the consent of the Adviser and the Fund's Board of Trustees, and may be renewed by the Adviser in its sole discretion. All references to the Fund's management fee in the Summary Prospectus, Prospectus, and Statement of Additional Information are hereby supplemented to reflect the aforementioned contractual fee waiver extension.
The following information replaces the sections of the Summary Prospectus and Prospectus entitled "Fees and Expenses of the Fund" and "Example":
Fees and Expenses of the Fund
The following table describes the fees and expenses you may pay if you buy, hold, and sell shares of the Fund ("Shares"). You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and Example below.
Annual Fund Operating Expenses(expenses that you pay each year as a percentage of the value of your investment)
Management Fees 0.60%
Distribution and/or Service (12b-1) Fees None
Other Expenses 0.00%
Total Annual Fund Operating Expenses 0.60%
Less Fee Waiver (0.05)%
Total Annual Fund Operating Expenses After Fee Waiver1
0.55%
1Effective November 1, 2024, the Fund's investment adviser has agreed to waive 5 basis points (0.05%) of its management fee for the Fund until October 31, 2025. The fee waiver agreement may only be terminated prior to October 31, 2025 with the consent of the Adviser and the Fund's Board of Trustees, and may be renewed by the Adviser in its sole discretion.
Example
The following example is intended to help retail investors compare the cost of investing in the Fund with the cost of investing in other funds. It illustrates the hypothetical expenses that such investors would incur over various periods if they were to invest $10,000 in the Fund for the time periods indicated and then redeem all of the Shares at the end of those periods. This example assumes that the Fund provides a return of 5% a year and that operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
1 Year 3 Years 5 Years 10 Years
$56 $187 $330 $745
Please retain this Supplement with your Summary Prospectus, Prospectus, and SAI for future reference.