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The investment seeks to provide long-term capital appreciation, with an emphasis on managing volatility. The fund operates as a fund of funds and invests in funds and exchange-traded funds ETFs of Principal Funds, Inc., PVC, Principal Exchange-Traded Funds, and other fund complexes (collectively, the "underlying funds"). It generally allocates approximately 65% of its assets to equity index underlying funds to gain broad market capitalization exposure to both U.S. and non-U.S. investments and approximately 35% to fixed-income index underlying funds for intermediate duration fixed-income exposure.
Name | Title | Since | Until |
---|---|---|---|
Yesim Tokat-Acikel | Portfolio Manager | 2023 | Now |
Biography | Yesim Tokat-Acikel, PhD, is a Portfolio Manager for QMA and a member of the Global Portfolio Solutions team. Her responsibilities include research and portfolio management with a focus on Global Tactical Asset Allocation. Prior to joining QMA, Yesim was a senior quantitative analyst at AllianceBernstein, where she developed Global Tactical Asset Allocation strategies. She developed global equity, REIT, and credit models, as well as dynamic risk models. Previously, she was a senior investment analyst for The Vanguard Group where she built tactical and strategic asset allocation models for the retirement and private client markets. Yesim has published papers on strategic and tactical portfolio allocation issues in the Journal of Investing, Journal of Wealth Management, Journal of Financial Planning, Journal of Economic Dynamics and Control, and Strategic Management Journal. She earned a BS in Industrial Engineering from Bilkent University in Turkey; an MS in Industrial Engineering from the University of Arizona, Tucson, and a PhD in Economics from the University of California, Santa Barbara. | ||
Brody Dass | - | 2023 | Now |
Biography | Brody is a Portfolio Manager at Principal Global Asset Allocation, an investment boutique within Principal Global Investors that engages in the creation of asset allocation solutions. He is responsible for co-managing our dynamic risk asset allocation suite and our dynamic risk model portfolios, including a digital advisor solution. He joined Principal in 2015. Previously, he was a Taxable Fixed Income Analyst at Nuveen Asset Management. Brody received a bachelor’s degree in Finance from the University of Iowa. He has earned the right to use the Chartered Financial Analyst designation. | ||
Randy L. Welch | Vice President | 2013 | 2023 |
Biography | Mr. Welch is a Vice President of Principal Management Corporation. Mr. Welch joined the Principal Financial Group in 1989 and oversees the functions of the Investment Services group, which includes investment manager research, investment consulting, performance analysis, and investment communication. He is also responsible for the due diligence program that monitors investment managers used by the Principal Funds. Mr. Welch is an affiliate member of the Chartered Financial Analysts (CFA) Institute. Mr. Welch earned a B.A. in Business/ Finance from Grand View College and an M.B.A. from Drake University. | ||
James W. Fennessey | Vice President | 2013 | 2023 |
Biography | Mr. Fennessey, CFA, Vice President of Principal Management Corporation. Mr. Fennessey joined the Principal Financial Group in 2000. He is the Head of the Manager Research Team that is responsible for analyzing, interpreting and coordinating investment performance data and evaluation of the investment managers under the due diligence program that monitors investment managers used by the Principal Funds and is a member of the Principal Funds Investment Committee. Fennessey earned a B.S. in Business Administration, with an emphasis in Finance, and a minor in Economics from Truman State University. He has earned the right to use the Chartered Financial Analyst designation. |
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