DNL - ICOW: Bringing Cash Flow Focus Overseas
2024-06-17 09:10:55 ET
Summary
- Free cash flow is crucial for companies, especially in a higher interest rate environment.
- The Pacer Developed Markets International Cash Cows 100 ETF focuses on companies with high free cash flow.
- ICOW offers exposure to international companies with strong financial positions and emphasizes free cash flow yield for potential investors.
Free cash flow has become all the rage in the past two years and for good reason, but what is it? It's the amount of cash that a company can generate after accounting for capital expenditure and other investing activities (essentially, how much can be used to reinvest, repay debt, or return to shareholders). It's an incredibly important metric, especially in today's higher interest rate world....
ICOW: Bringing Cash Flow Focus Overseas