Looking for broad exposure to the Technology - Broad segment of the equity market? You should consider the Pacer Data and Digital Revolution ETF (TRFK), a passively managed exchange traded fund launched on June 8, 2022.
Launched on June 8, 2022, the Pacer Data and Digital Revolution ETF (TRFK) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Broad segment of the equity market.
TRFK is a fairly new ETF, but its approach is not new at all. It correlates very highly with the broader tech sector. There are plenty of existing ETFs that do what this one aims to. That is not a Pacer ETFs issue but an industry one. I don't like the tech sector in any form currently, so TRFK gets a sell rating. I'd opt for XLK over it once I have a better tech outlook.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 5,047 | $320,524.36 | $476,083.51 | $155,559.15 | 48.53% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 47,766 | $2.71M | $4.47M | $1.75M | 64.6% |
Leonid Berline ARMSTRONG ADVISORY GROUP Inc. | 215 | $9,758.8 | $19,559.65 | $9,800.85 | 100.43% |
| SHF Second Half Financial Partners LLC Second Half Financial Partners LLC | 2,077 | $221,615.9 | $187,470.02 | -$34,145.88 | -15.41% |
| SR Scott Register Register Financial Advisors LLC | 470 | $50,149 | $46,097.6 | -$4,051.4 | -8.08% |
| ARCA Exchange | US Country |
The fund outlined adopts a passive management strategy, specifically focusing on indexing, to emulate the total return performance of a carefully defined index, exclusive of fees and expenses. This particular approach is aimed at tracking the performance of a rules-based index comprising globally-listed stocks and depositary receipts representing a variety of companies. Notably, the fund operates on a non-diversified basis, concentrating its investments more narrowly than diversified funds.
The primary offering of this entity is an investment fund structured around passive management or indexing. Below are the key characteristics and services associated with this fund:
This fund is designed to mirror the performance of a predefined, rules-based index that includes globally-listed stocks and depositary receipts. Through passive management, it aims to provide investors with a return that closely matches the performance of the index, before accounting for fees and expenses. This strategy minimizes the amount of active managerial intervention and hence, typically, the costs associated with investment management.
Unlike diversified funds, this investment vehicle concentrates its holdings more intensively in a smaller number of positions. Non-diversification might result in higher volatility or risk in comparison to diversified funds due to the potential for significant investments in a limited number of index components. However, it may also offer the possibility of greater returns if the narrowly selected assets perform well.