Document
Filed pursuant to Rule 497(e)
File Nos. 333-201530; 811-23024
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FLRT
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Pacer Pacific Asset Floating Rate High Income ETF
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Supplement dated December 2, 2021 to the
Statement of Additional Information ("SAI"), dated October 19, 2021
Effective November 15, 2021, shareholders of the Funds approved the election of Jane K. Sagendorph as a Trustee of the Board of Trustees (the "Board") of Pacer Funds Trust (the "Trust"). Effective December November 17, 2021, the Board accepted the resignation of Jonathan H. Newman, Sr. All references to Mr. Newman are deleted in their entirety.
The table under "Members of the Board and Officers of the Trust" is supplemented as follows:
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Name and Year of Birth
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Position(s)
Held with the
Trust
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Term of Office
and Length of
Time Served
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Principal Occupation(s)
During Past 5 Years
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Number of
Portfolios in Fund
Complex Overseen
By Trustee
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Other
Directorships held
by Trustee During
Past Five Years
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Independent Trustees
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Jane K. Sagendorph
Born: 1951
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Trustee
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Indefinite Term; since 2021
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Accountant, BluFish Designs (since 2011)
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48
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None
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The"Individual Trustee Qualifications" section is supplemented as follows:
The Trust has concluded that Ms. Sagendorph should serve as Trustee because of her extensive experience in the financial services industry as a comptroller of a financial marketing and wholesaling firm, as well as her experience providing accounting services to a small business client. The Trust believes that Ms. Sagendorph's extensive experience in accounting and finance provides an appropriate background in areas applicable to investment company oversight.
Please retain this Supplement with your SAI for future reference.