MALVERN, PA — Pacer ETFs recently launched the Pacer ActiveAlpha India Quality ETF (Nasdaq: INDQ), a new fund designed to provide exposure to Indian equities using a factor-based investment approach.
The ETF, developed in partnership with Mumbai-based index provider ActiveAlpha, selects approximately 20 to 30 companies from the Nifty 500 and Nifty Microcap 250 indexes based on measures of quality, value, and momentum.
The fund is rebalanced quarterly and applies weighting limits to maintain diversification while concentrating on top-ranked holdings.
“India continues to stand out as one of the strongest structural growth stories globally,” said Sean O’Hara, president of Pacer ETF Distributors.
The strategy targets companies positioned to benefit from long-term economic trends in India, including demographic growth, rising consumer demand, and infrastructure investment.
Joe Thomson, founder and president of Pacer Financial, said the fund expands options for advisors seeking international diversification.
ActiveAlpha executives Raghav Kapoor and Vineet Sachdeva said the index is designed to identify companies aligned with India’s long-term growth through a rules-based framework.
Pacer ETFs manages more than $38.6 billion in assets and offers a range of exchange-traded funds across multiple investment strategies.
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