New offering expands flagship capabilities to
meet client demand in the market
Principal Asset Management℠ announced the launch of the
International Equity ETF (PIEQ). This ETF will be a large-cap
portfolio managed by the Principal equities team. Principal
equities, with $154.8 billion in AUM1, has a focused investment
strategy combining global insights with local knowledge to deliver
a wide range of specialized equity investment solutions.
Demand for active ETFs was the strongest ever in 2023, reaching
an all-time high of $349 billion in the category2. This is expected
to continue as advisor allocations to active ETFs are expected to
increase by 45% over the next two years3. The International Equity
ETF now offered by Principal helps meet this client demand.
“This new offering continues the buildout of our active ETF
lineup, which leverages our strong capabilities and provides
investors an efficient vehicle for investing in international
markets,” said George Maris, CIO and global head of equities,
Principal Asset Management. “As the active ETF market expands, we
remain committed to developing solutions offering value,
flexibility, and expert insights to meet the evolving needs of our
clients seeking diversified global exposure.”
The Principal equities team, led by George Maris, has over two
decades of experience managing non-U.S. equity strategies.
With the addition of the International Equity ETF, Principal
offers 10 ETFs designed to enhance investor returns, mitigate risk,
and improve portfolio diversification. Combined, they represent
approximately $4.7 billion in assets under management4.
1 Active fundamental equities as of September 30, 2024 2
Broadridge 2024 Global Market Research Overview 3 Broadridge Spring
2024 Global Market Research Overview 4 As of October 31, 2024
Important Information
Investing in ETFs involves risk, including possible loss of
principal. ETFs are subject to risk similar to those of stocks,
including those regarding short-selling and margin account
maintenance.
Investor shares are bought and sold at market price (not NAV)
and are not individually redeemed from the Fund. Ordinary brokerage
commissions apply.
Carefully consider a fund’s objectives, risks, charges, and
expenses. Visit www.PrincipalAM.com for a prospectus, or summary
prospectus if available, containing this and other information.
Please read it carefully before investing.
Investing involves risk, including possible loss of principal.
Past performance does not guarantee future results. Equity
investments involve greater risk, including heightened volatility,
than fixed income investments. International and global investment
options are subject to additional risk due to fluctuating exchange
rates, foreign accounting and financial policies, and other
economic and political environments. Small-cap and mid-cap
investment options are subject to more fluctuation in value and may
have additional risks than other investment options with stocks of
larger, more stable companies.
The information in this document contains general information
only on investment matters and should not be considered as a
comprehensive statement on any matter and should not be relied upon
as such. The general information it contains does not take account
of any investor's investment objectives, particular needs or
financial situation, nor should it be relied upon in any way as a
forecast or guarantee of future events regarding a particular
investment or the markets in general. All expressions of opinion
and predictions in this document are subject to change without
notice.
Principal Asset Management is the global investment management
business for Principal Financial Group® and includes the asset
management operations of the following : Principal Global
Investors, LLC; Principal Real Estate Investors, LLC; Principal
Real Estate Europe Limited and its affiliates; Spectrum Asset
Management, Inc.; Post Advisory Group, LLC; Origin Asset
Management, LLP; Claritas Investimentos; Principal Global Investors
(Europe) Limited; Principal Global Investors (Singapore) Limited.;
Principal Global Investors (Australia) Ltd.; Principal Global
Investors (Japan) Ltd.; Principal Asset Management Company (Asia)
Ltd., and include assets where we provide model portfolios.
Marketing assets under management include certain assets that are
managed by Principal International and Retirement and Income
Solutions (RIS) divisions of Principal.
All figures shown in this document are in U.S. dollars unless
otherwise noted. All assets under management figures shown in this
document are gross figures and may include leverage, unless
otherwise noted. Assets under management may include model-only
assets managed by the firm, where the firm has no control as to
whether investment recommendations are accepted, or the firm does
not have trading authority over the assets.
ALPS Distributors, Inc. is the distributor of the Principal
ETFs. ALPS Distributors, Inc. and the Principal Funds are not
affiliated.
Principal Equities is an investment team within Principal Global
Investors.
Principal Asset Management℠ is a trade name of Principal Global
Investors, LLC.
About Principal Asset Management
With public and private market capabilities across all asset
classes, Principal Asset Management and its investment specialists
look at asset management through a different lens, creating
solutions to help deliver client investment objectives. By applying
local insights with global perspectives, Principal Asset Management
identifies distinct and compelling investment opportunities for
more than 1,100 institutional clients in over 80 markets.1
Principal Asset Management is the global investment solutions
business for Principal Financial Group® (Nasdaq: PFG), managing
$585.6 billion in assets1 and recognized as a “Best Places to Work
in Money Management”2 for 12 consecutive years.
[1] As of September 30, 2024 [2] Pensions & Investments,
“The Best Places to Work in Money Management”, among companies with
1,000 or more employees, December 12, 2023.
©2024 Principal Financial Services, Inc., Principal®, Principal
Financial Group®, Principal Asset Management, and Principal and the
logomark design are registered trademarks and service marks of
Principal Financial Services, Inc., a Principal Financial Group
company, in various countries around the world and may be used only
with the permission of Principal Financial Services, Inc. Principal
Asset Management℠ is a trade name of Principal Global Investors,
LLC. Principal Real Estate is a trade name of Principal Real Estate
Investors, LLC, an affiliate of Principal Global Investors.
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version on businesswire.com: https://www.businesswire.com/news/home/20241111299065/en/
Media Contact: Ashley Miller miller.ashley@principal.com
515-878-6295
Principal Financial (NASDAQ:PFG)
過去 株価チャート
から 10 2024 まで 11 2024
Principal Financial (NASDAQ:PFG)
過去 株価チャート
から 11 2023 まで 11 2024
