Powered by Wilshire
The Pacer Wilshire US Mid Cap Trendpilot IndexSM, based on methodology designed by Pacer Financial, Inc., utilizes a systematic trend-following strategy that provides exposure to either the Wilshire US Mid-Cap Total Return Index, the Cash Rate, or 50 percent of each, depending on the relative performance of the Wilshire US Mid-Cap Total Return Index on a simple historical moving average basis. (The Cash Rate uses the most recent yield on a hypothetical notional investment in the 3-month U.S. Treasury Bill reported as the 91-day auction high rate for U.S. Treasury bills.)
The index aims to mitigate, to some extent, the volatility of the Wilshire US Mid-Cap Total Return Index by tracking the Cash Rate or 50 percent of the Cash Rate (instead of the Wilshire US Mid-Cap Total Return Index) if the Wilshire US Mid-Cap Total Return Index is below its historical 200-index business day simple moving average.
Wilshire calculates and distributes Powered by Wilshire indexes based on the 3rd party supplied methodology. Wilshire makes no representations about the intended purpose or the methodology used to construct Powered by Wilshire indexes.