Quality first
Proprietary industry review process utilizes deep fundamental analysis to identify quality businesses and avoid sub-par operators.
Balanced approach
Sector neutral framework allows team to focus on company drivers. Stock selection has driven solid risk-adjusted results.
Free cash flow focused
Valuation framework utilizes free cash flow to identify opportunities in continuous compounders or companies with short-term dislocations.
Manager
Principal Equities
Inception
1 January 1997
Index
Russell 1000 Index
Targeted number of holdings
75-100
Expected turnover
30-60%
Investment vehicles
IMA, U.S. Mutual Fund, UCITS Fund
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.
No information
Past performance does not guarantee future results.
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. Mid-cap stocks may have additional risks including greater price volatility. Dividends are not guaranteed.
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.
Principal Equities is an investment team within Principal Global Investors.