Principal Separate Accounts are made available by Principal Life Insurance Company; Sub-Advised Mutual Funds are made available by Principal Funds, Inc. 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.
Sub-advisors for The Principal investment options are selected using our proprietary due diligence process that provides a rigorous and disciplined framework for identifying, hiring, and retaining premier investment managers within each asset class and investment style. It is characterized by the comprehensive and continuous review of all investment managers based on our specific investment guidelines.
Asset allocation investment options are comprised of Principal Lifetime Portfolios, Principal TrustSM Target Date Funds, Principal Strategic Asset Management Portfolios (SAM); core-satellite strategies and outcome-oriented investment options are comprised of Principal Global Diversified Income Fund, Principal Diversified Real Asset portfolio and Principal Global Multi Strategy fund.
The risk tolerance models (models) are intended to be used as an additional information source for retirement plan participants making investment allocation decisions. Pursuant to Department of Labor Interpretive Bulletin 96-1, such models (taken alone or in conjunction with this document) do not constitute investment advice for purposes of the Employee Retirement Income Security Act (ERISA), and there is no agreement or understanding between Ibbotson Associates and us or any plan or plan fiduciary, or any participant who uses this Service, under which the latter receives information, recommendations or advice concerning investments that are to be used as a primary basis for any investment decisions relating to the plan. Accordingly, neither we nor Ibbotson Associates are a fiduciary with respect to your plan sponsor's plan for purposes of this Service, including the features of rebalancing and aging. Following an asset allocation model does not assure a profit or guarantee that you will not incur a loss. Performance of the individual models may fluctuate and will be influenced by many factors. In applying particular asset allocation models to their individual situations, participants or beneficiaries should consider their other assets, income and investments (e.g., equity in a home, IRA investments, savings accounts and interests in other qualified and nonqualified plans) in addition to their interests in the plan.
Investment advice available through the Principal Managed Account ProgramSM is provided by Ibbotson Associates, Inc. The Ibbotson name and logo are registered marks of Ibbotson Associates, Inc. All other marks are the property of their respective owners. Ibbotson Associates, Inc. is a registered investment adviser and wholly owned subsidiary of Morningstar, Inc. Access to the advice and securities and advisory products is offered through Princor Financial Services Corporation, 1.800.547.7754, Member SIPC. Princor and Principal Life are members of the Principal Financial Group®, Des Moines, Iowa, 50392.