Variable annuities are long term investments and thus are not suitable for everyone; earnings grow tax-deferred.
The initial offering of The Principal Lifetime Income SolutionsSM was May 21, 2011. The separate account that funds the contract was established on January 12, 1970.
The investment results shown represent historical returns based upon the assumption that the Principal Lifetime Income SolutionsSM was available for the periods shown. Past performance is no guarantee of future results. Current performance may be lower or higher than the performance data shown. For more performance information, including most recent month-end performance, visit our Web site at www.principal.com and click on "Rates & Values."
The return and principal value of an investment in any subaccount will fluctuate so that the value, when redeemed, may be worth more or less than its original cost.
Except where noted, investment results include all charges and expenses, including a contingent deferred surrender charge (which declines from a maximum of 6%) but excluding any additional charges for riders.
Before investing in a variable annuity, investors should carefully consider the investment objectives, risks, charges and expenses of the contract and its underlying investment options. This and other information is contained in the free prospectus and, if available, the summary prospectus which can be obtained online or call customer service at 1.800.852.4450. Please read the prospectus and, if available, the summary prospectus carefully before investing.
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. Fixed-income investment options that invest in mortgage securities are subject to increased risk due to real estate exposure.
An investment in the Fidelity VIP Government Money Market Subaccount is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although the underlying mutual fund invested in by the subaccount seeks to preserve the value of your investment at $1 per share, the subaccount itself does not seek to maintain a stable net asset value. It is possible to lose money investing in this subaccount.
The Money Market Subaccount is only available to contract owners in the state of California, and only during the free look period.
This information is not valid unless accompanied by the average annual total returns as of the most recent calendar quarter. This information can be found on www.principal.com, click on the "Rates and Values" link, then on the "Quarterly Performance Update" link.
Principal Lifetime Income SolutionsSM Monthly Performance Update as of 01/31/2019 |
Performance Including Surrender Charges |
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Subaccount | Subaccount Inception Date |
Total Expenses |
Unit Value (UV) as of 02/15/2019 |
Daily Change in UV |
YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Portfolio Inception * |
Since Subaccount Inception * |
SHORT-TERM FIXED INCOME | |||||||||||
FIDELITY GOV MONEY MARKET | 02/05/2016 | 0.26% | 9.856058 | 0.000214 | -5.96 | -5.71 | n/a | n/a | n/a | n/a | -2.24 |
BALANCED/ASSET ALLOCATION | |||||||||||
DIV BALNCD MNGD VOLATILTY | 10/31/2013 | 0.62% | 12.124787 | 0.070209 | -1.74 | -8.12 | 3.65 | 3.18 | n/a | 3.28 | 3.28 |
DIV GROWTH MNGD VOLATILTY | 10/31/2013 | 0.64% | 12.663930 | 0.101159 | -0.72 | -9.04 | 5.19 | 4.09 | n/a | 4.16 | 4.16 |
DIVERSIFIED BALANCED | 12/30/2009 | 0.54% | 16.445672 | 0.093114 | -1.51 | -8.31 | 4.01 | 3.52 | n/a | 5.45 | 5.45 |
DIVERSIFIED GROWTH | 12/30/2009 | 0.54% | 18.244770 | 0.134611 | -0.50 | -9.39 | 5.67 | 4.52 | n/a | 6.61 | 6.61 |
DIVERSIFIED INCOME | 05/15/2012 | 0.54% | 13.082202 | 0.049702 | -2.62 | -7.34 | 2.37 | 2.50 | n/a | 3.87 | 3.87 |
Principal Lifetime Income SolutionsSM Monthly Performance Update as of 01/31/2019 |
Performance Excluding Surrender Charges |
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---|---|---|---|---|---|---|---|---|---|---|---|
Subaccount | Portfolio Inception Date |
Total Expenses |
Unit Value (UV) as of 02/15/2019 |
Daily Change in UV |
YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Portfolio Inception |
Since Subaccount Inception |
SHORT-TERM FIXED INCOME | |||||||||||
FIDELITY GOV MONEY MARKET | 04/01/1982 | 0.26% | 9.856058 | 0.000214 | 0.04 | 0.29 | -0.53 | -0.87 | -1.04 | 2.68 | -0.52 |
BALANCED/ASSET ALLOCATION | |||||||||||
DIV BALNCD MNGD VOLATILTY | 10/31/2013 | 0.62% | 12.124787 | 0.070209 | 4.26 | -2.12 | 5.18 | 3.70 | n/a | 3.61 | 3.61 |
DIV GROWTH MNGD VOLATILTY | 10/31/2013 | 0.64% | 12.663930 | 0.101159 | 5.28 | -3.04 | 6.68 | 4.60 | n/a | 4.48 | 4.48 |
DIVERSIFIED BALANCED | 12/30/2009 | 0.54% | 16.445672 | 0.093114 | 4.49 | -2.31 | 5.53 | 4.04 | n/a | 5.45 | 5.45 |
DIVERSIFIED GROWTH | 12/30/2009 | 0.54% | 18.244770 | 0.134611 | 5.50 | -3.39 | 7.14 | 5.01 | n/a | 6.61 | 6.61 |
DIVERSIFIED INCOME | 05/15/2012 | 0.54% | 13.082202 | 0.049702 | 3.38 | -1.34 | 3.93 | 3.04 | n/a | 3.87 | 3.87 |