Partners

Pacer Financial partners with companies who need national sales distribution for their products and services. We focus on financial strategies that provide low cost, tax efficient solutions for those investors over the age of 50 who are in or near retirement.
Deep Roots
Founded in 1727, The Royal Bank of Scotland Group (RBS Group) is the holding company of a large global banking and financial services group, headquartered in Edinburgh.
Global Footprint
Globally, RBS Group has a diversified customer base and provides a wide range of products and services to personal, commercial and large corporate and institutional customers. The Royal Bank of Scotland, The Royal Bank of Scotland N.V. (RBS NV) and Citizens Financial Group, Inc. are subsidiaries of RBS Group.
Timely Strategy
RBS recently launched a strategy through Pacer Financial using exchange traded notes (ETNs) that utilize a systematic trend-following methodology to provide exposure to a Benchmark index or the yield on a hypothetical notional investment in 3-month U.S. Treasury bills.
Using moving averages and index values, the TrendPilot strategies are designed to provide exposure to the Benchmark index in positive trending markets and exposure to the Cash Rate in negative trending markets using an objective and transparent methodology.
Learn more: http://www.rbs.com/etnUS
Methodology based on common sense, not emotion
After being first launched in the pension market, the strategy was created in an ETF in 2008 using S&P® custom indexes for calculations, pricing, and testing.
RevenueShares seeks to create ETFs that over time produce higher returns than market cap weighted ETFs, by utilizing well known indexes.
This is accomplished by using the following methodology:
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Same Stocks: Our revenue weighted indexes hold the same stocks as their respective market capitalization weighted benchmarks. S&P® maintains the index calculations. |
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Ranked by Revenue: Each security in the RevenueShares ® Indexes is ranked by that company’s 1-year trailing revenue, as opposed to the benchmark’s traditional market cap weighting. The companies with the highest revenue are given the highest ranking. |
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Re-Balanced Annually: Our indexes are re-balanced annually by S&P® to match updated revenue data. Revenue data comes directly from the 10Q forms each company files with the SEC. |
Experienced Partners

Standard & Poor's® conducts yearly re-balancing and maintains the index calculations. Traces its history back to 1860, with indexes dating back to 1957.

The Bank of New York/Mellon Capital acts as a Transfer Agent, Custodian, Fund Administrator and ETF Fund Accountant. Dating back to 1792, was the first corporate stock to be traded on the New York Stock Exchange.
Index Management Solutions, LLC acts as Subadvisor by overseeing day-to-day investing services and activities.

VTL Associates, LLC acts as the Fund Advisor.
Learn more: http://www.revenuesharesetfs.com
An investor should consider the investment objectives, risks, charges and expenses of an investment company before investing.
RBS:
The RBS ETNs involve risks not associated with an investment in conventional debt securities, including a possible loss of some or all of your investment. The level of the Index must increase by an amount sufficient to offset the aggregate investor fee applicable to the RBS ETNs in order for you to receive a t least the principal amount of your investment back at maturity or upon early repurchase or redemption. The Index may underperform the Benchmark Index, and is expected to perform poorly in volatile markets. Liquidity of the market for RBS ETNs may vary over time. The RBS ETNs do not pay interest. Any payment on the RBS ETNs is subject to ability of RBS NV, as the issuer, and RBS Holdings, as the guarantor, to pay their respective obligations when they become due. You should carefully consider whether the RBS ETNs are suited to your particular circumstances before you decide to purchase them. We urge you to consult with your investment, legal, accounting, tax and other advisors with respect to any investment in the RBS ETNs.
IMPORTANT NOTICE: The RBS Entities have each filed a registration statement (including a prospectus) with the Securities and Exchange Commission (SEC) for offerings to which this communication may relate. Before you invest, you should read the relevant prospectus in that registration statement and other documents have been filed with the SEC for more complete information about the RBS Entities and the relevant offerings. You may get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, RBS plc, RBS NV, any underwriter or any dealer participating in this offering will arrange to send you the relevant prospectus if you request by calling toll free (866) 747-4332.
RevenueShares:
An investor should read the prospectus or summary prospectus, if available, carefully before investing. An investment in the Funds is subject to investment risk, including the possible loss of principal amount invested. Fund returns may not match the return of their respective Index, known as non-correlation risk, due to operating expenses incurred by the Fund. The alternative weighting approach employed by the Fund (i.e., using revenues as a weighting measure), while designed to enhance potential returns, may not produce the desired results. As stated in the prospectus, securities in each RevenueShares™ Index are re-weighted annually by Standard & Poor’s® in December. The RevenueShares™ methodology weights each member of the RevenueShares™ Index using each security’s 1-year trailing revenue (as of the 3rd quarter, ending September 30) as the numerator, and the cumulative revenues of all companies in the RevenueShares™ Index as the denominator. 1The RevenueShares Navellier Overall A-100 Index™ is reconstituted quarterly according to September 30 weightings. The RevenueShares ADR Index™ is re-balanced quarterly to reflect updated revenue data. One cannot invest directly in an index.
STANDARD & POOR’S and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P®”) and have been licensed for use by VTL Associates, LLC, Fund Advisor. No financial product offered by VTL Associates, LLC, Fund Advisor or its affiliates is sponsored, endorsed, sold or promoted by S&P® or its affiliates, and S&P® and its affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in such products.





