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Pacer Advisors to Close Down Retail REIT Fund

Pennsylvania Firm's ETF Has Lost 46% of Net Asset Value This Year During Pandemic
Difficulties in retail have prompted Pacer Advisors to shut down its fund investing in retail real estate investment trusts. (Pexels)
Difficulties in retail have prompted Pacer Advisors to shut down its fund investing in retail real estate investment trusts. (Pexels)

Pacer Advisors, which manages multiple exchange-traded funds, is shutting down its retail real estate ETF as losses in the sector mount from the coronavirus pandemic.

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News | Pacer Advisors to Close Down Retail REIT Fund