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Strategy differentiators

  • We invest in three types of businesses we believe are becoming better as a result of positive change: innovators, renovators, and pacesetters.

  • We identify them ahead of the market by recognizing potential under appreciated growth and improvement opportunities.

  • We isolate stock selection as the key driver of results, delivering style consistency over time using a comprehensive system of checks and balances.

Strategy facts

  • Manager

    Principal Equities

  • Inception

    1 April 2000

  • Index

    MSCI Europe NTR Index

  • Targeted number of holdings

    75-150

  • Expected turnover

    < 75%

  • Investment vehicles

    IMA, UCITS Fund

Portfolio management

Principal Equities

We believe bottom-up stock selection is the most reliable and repeatable source of consistent performance. Through focused fundamental research and disciplined risk management, we strive to take advantage of persistent behavioral biases and impediments to capital flows, which often create market inefficiencies and opportunities.

PM Title
Portfolio Manager
Name
Juliet Cohn
40 years of experience
PM Title
Portfolio Manager
Name
Paul H. Blankenhagen, CFA
26 years of experience
Learn more

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Past performance does not guarantee future results.

Investing involves risk, including possible loss of principal.

Equity markets are subject to many factors, including economic conditions, government regulations, market sentiment, local and international political events, and environmental and technological issues that may impact return and volatility.

Investment guidelines are subject to change.

Not all investment options are available in all jurisdictions. Certain vehicles have not been registered with the United States Securities and Exchange Commission under the United States Securities Act of 1933 and may not be directly or indirectly offered or sold in the United States or to any United States person.

The MSCI Europe Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets in Europe. Information regarding the comparison to the MSCI Europe Index is available upon request.

Principal Equities is an investment team within Principal Global Investors.