Target Date Series from The Principal
Multiple Managers in a Disciplined Framework
The investment firms shown represent a sampling of the sub-advisors to the Principal LifeTime and Principal TrustSM Target Date portfolios as of 12/31/2013 and are subject to change at any time.
In constructing our target date series, we employ a fund-of-funds approach using different combinations of underlying funds, managed by asset managers with some of the most established track records in the industry.
Our proprietary selection process is rigorous and disciplined, focusing on money management firms that have successfully run actively managed portfolios within specific asset classes and investment styles.
The sub-advisors of investment options considered for inclusion in our target date series must also have a history of strong performance over different periods and at different times than other managers we select. This can help minimize overall portfolio volatility and preserve desirable return characteristics. Once selected, each manager is given a clear performance mandate and is subject to ongoing monitoring based on quantitative and qualitative factors, including:
- the consistency of their investment process
- timely communication with our due diligence team
- performance on a quarterly basis and over a multi-year time horizon
No investment strategy, such as asset allocation or diversification, can guarantee a profit or protect against loss in periods of declining values.
Investors should carefully consider a mutual fund's investment objectives, risks, charges and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principal.com, or calling 1.800.547.7754. Read the prospectus carefully before investing.
Before directing retirement funds to a separate account, investors should carefully consider the investment objectives, risks, charges and expenses of the separate account as well as their individual risk tolerance, time horizon and goals. For additional information contact us at 1.800.547.7754 or by visiting principal.com
Investment options are subject to investment risk. Shares or unit values will fluctuate and investments, when redeemed, may be worth more or less than their original cost.
Asset allocation does not guarantee a profit or protect against a loss. Equity investment options involve greater risk, including heightened volatility, than fixed-income investment options. Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. 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. These risks are magnified in emerging markets.There is no guarantee that a target date investment will provide adequate income at or through retirement.