Pacer BioThreat Strategy ETF(AMEX:VIRS)

VIRS is passively managed to include US companies that fights against biological threats. These companies must have products or services that help to protect against, endure, or recover from the current and emerging threats to humans. The underlying index uses its own multi-step approach in selecting these types of companies. First step includes identifying threats such as pandemic diseases, biological warfare, food and water safety, environmental safety, and natural disasters, based on fundamental research. Next, companies that protects against and prepares to recover from the identified threats are determined based on their financial reports, websites, news reports and interviews. Finally, minimum size and liquidity requirements must be satisfied. Securities that passed all these steps forms the final portfolio. The index is weighted by market-cap with 4.9% single issuer cap, and is rebalanced semi-annually and reconstituted annually.