Principal Focused Blue Chip ETF (BCHP)

Overview

This fund, guided by Principal Global Investors, LLC (PGI) as its investment advisor, primarily focuses on investing in the equity securities of large market capitalization companies. Specifically, it allocates at least 80% of its net assets, plus any borrowings intended for investment purposes, toward equities of firms that are considered to be "blue chip". These are companies that, according to PGI, are well-established in their respective industries and exhibit characteristics such as the potential for capital growth and the expectation for above-average earnings. It's important to note that this fund is classified as non-diversified, meaning it may invest a larger portion of its assets in fewer issuers than a diversified fund.

Products and Services

• Equity Securities Investment

At the core of its investment strategy, the fund commits at least 80% of its net assets, alongside any investment-oriented borrowings, in the equity securities of large market capitalization companies. This dedication towards equities of substantial and well-established companies underlines the fund's focus on identifying those firms deemed to possess "blue chip" characteristics. These attributes include a solid establishment within their industries and prospective avenues for capital growth and earnings that are expected to surpass average benchmarks.

• "Blue Chip" Company Focus

The investment philosophy of the fund emphasizes concentrating on companies considered as "blue chips". These are businesses that, in the perspective of PGI, hold a robust standing in their industry sectors, commanding the potential for both capital appreciation and higher-than-average earnings prospects. This approach is predicated on the fund's strategic pursuit of investments poised for sustainable growth and profitability, reflecting a preference for entities with a proven track record and a stable financial foundation.