Pacer Developed Markets Cash Cows Growth Leaders ETF (EAFG)

The Pacer Developed Markets Cash Cows Growth Leaders ETF (EAFG) is an exchange-traded fund from Pacer ETFs. It tracks a rules-based index built from developed-market stocks outside the United States.

The strategy starts with a universe of large and mid-sized international companies and screens for those with high free cash flow margins and growth characteristics, aiming to identify companies that turn a substantial share of revenue into cash. It applies Pacer's Cash Cows free-cash-flow theme to a growth-oriented selection of developed-market companies.

The resulting portfolio tends to emphasize companies with strong cash generation and the potential to fund growth internally. The index is rebalanced and reconstituted on a regular schedule to reflect updated financial data.