Principal TrustSM Target Date Collective Investment Funds
R3 Share Class Investment Performance
View investment results: Month-End |Quarterly
These performance results are for the Principal TrustSM Target Date Collective Investment Funds R3 share class. Results for your share class may differ. For information specific to your share class, please login to access your products and services or speak with a representative of The Principal.
Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown. Please see the Fact Sheet for a specific fund’s performance calculated by the retroactive application of the current asset allocation methodologies.
In situations where the net and gross total investment expense figures are different, the collective investment trust or the underlying investment options in which a collective investment trust invests have waived/caped a portion of its management fee through the date displayed in the waiver expiration date or contractual cap expiration date column. Differences may also be shown due to the fund family choosing to pay certain expenses that would normally be payable by the fund. Returns displayed are based on net total investment expense.
Not FDIC Insured
Delaware Charter Guarantee & Trust Company, conducting business as Principal TrustSM Company (“Principal Trust”) is a member of the Principal Financial Group®. Principal Trust maintains various Collective Investment Funds, as trustee, under certain plan and declaration of trust documents, which may be amended from time to time (“Trusts”). Principal Trust has discretion over the investment of the Collective Investment Funds. Principal Management Corporation (“PMC”), an affiliate of Principal Trust, provides nondiscretionary advisory services to Principal Trust with respect to the Collective Investment Funds. Principal Trust and PMC are fiduciaries subject to the Employee Retirement Income Security Act of 1974, as amended.
PMC also manages portfolios of Principal Funds, Inc., (“Principal Funds”) a series mutual fund, which may be included as underlying investments in the Collective Investment Funds maintained by Principal Trust. PMC receives management fees from Principal Funds. The Collective Investment Funds maintained by Principal Trust may also include group annuity separate accounts (“Separate Accounts”) managed by Principal Life Insurance Company (“Principal Life”), an affiliate of Principal Trust. Principal Life receives management fees from the Separate Accounts. PMC, Principal Life, or other affiliates of Principal Trust may provide services with respect to Principal Funds or Separate Accounts and may receive fees for such services.
The Collective Investment Funds offered and maintained by Principal Trust are available only to qualified plans and governmental 457(b) plans. They are not mutual funds and are not registered with the Securities and Exchange Commission, the State of Delaware or any other regulatory body. The Collective Investment Funds are not guaranteed by Principal Trust, PMC, any of their affiliates, the FDIC or any other governmental agency.The value of the Collective Investment Funds offered by Principal Trust will fluctuate so that when redeemed, shares or units may be worth more or less than the original cost. Past performance is no guarantee of future results.
Participation in Collective Investment Funds offered by Principal Trust is governed by the terms of the applicable Trust and a Participation Agreement, which is signed by the retirement plan’s fiduciary at the time the plan invests in the Collective Investment Funds. If the Collective Investment Funds invest in Principal Funds, the retirement plan’s fiduciary is also provided with a Principal Funds, Inc. Institutional Class Shares Prospectus (“Prospectus”) before the plan invests in the Collective Investment Funds. The Trust and Prospectus are available from Principal Trust or Principal Life by visiting us at principal.com. A copy of the Participation Agreement can be obtained from your plan administrator.
The Collective Investment Funds are operated by Principal Trust Company, which has claimed an exclusion from the definition of the term “commodity pool operator” under the Commodity Exchange Act (the “Act”) and, therefore, is not subject to registration or regulation as a pool operator under the Act.
Insurance products and plan administrative services are provided by Principal Life, Des Moines, IA 50392.
Returns shown for periods of less than one year are not annualized.