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FairHorizon Red
R27-A

Principal Global Investors Funds - Global Property Securities Fund

Global developed market equities focusing on REITS and real estate related stocks. Active strategy.

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About the Fund

Data as of

Principal Asset Management is the global investment management business for Principal Financial Group, a Nasdaq listed global financial services company established in 1879. Principal AM manages over US$590bn of assets globally covering the full client spectrum and across asset classes and vehicles.

The Principal Global Property Securities Fund is an actively managed fund seeking to provide a total return by investing primarily in a global portfolio of public securities of companies engaged in property industry or whose value is largely derived from property assets. This may include real estate investment trusts (REITs), non-REIT real estate companies and similar structures, or equity and debt securities of companies with at least 50% of their assets, income or profits derived from property related products or services. The fund has a portfolio of >70 holdings.

The fund is sub-managed by 3 entities - Principal Real Estate Investors LLC is responsible for the North American investments, Principal Global Investors (Europe) Ltd is responsible for the European investments, and Principal Global Investors (Australia) Ltd is responsible for the Asian and Pacific markets investments.

Performance

Price Performance – Maximum Period

The FairHorizon Context

Investment-Time-Horizon in years

0 - 22 - 44 - 7 7 - 1010 - 1515+
Expected long-term return
2 - 4% p.a.
Expected volatility
3 - 5% p.a.

Building Block Returns

Principal Global Investors Funds - Global Property Securities Fund

Ann. return (3-year):
7.65%
Ann. return (5-year):
0.90%
Ann. return (10-year):
3.74%
Ann. Standard Deviation (5-year):
17.77%

This fund represents active exposure to global developed markets real estate-related companies and REITs.

Benchmark Returns

SPDR MSCI All Country World UCITS ETF

Ann. return (3-year):
19.93%
Ann. return (5-year):
10.65%
Ann. return (10-year):
12.24%
Ann. Standard Deviation (5-year):
14.33%
Link to the Funds FairSheet

FairHorizon Benchmark Returns

Dimensional Funds PLC - World Equity Fund

Ann. return (3-year):
17.79%
Ann. return (5-year):
9.56%
Ann. return (10-year):
—
Ann. Standard Deviation (5-year):
14.96%
Link to the Funds FairSheet

The Dimensional World Equity Fund is our FAIRHORIZON Red reference benchmark solution that has primarily global developed equities for long-term global equity-like returns and volatility.

SHARING OUR PASSION FOR INVESTMENTS FAIRSHEET™  Principal Global Investors Funds - Global Property Securities Fund  Page 1/2

Why we prefer this fund

Relevance of strategy

This fund represents active exposure to global developed markets real estate-related companies and REITs.

Historical maximum drawdown & recovery time

Max drawdown (since inception)
-41.79%
Recovery Period
429 Days

Diversification

Top 10 Holdings

  • Welltower Inc7.71%
  • Equinix Inc7.57%
  • Ventas Inc4.85%
  • Prologis Inc Common Shares4.66%
  • Extra Space Storage Inc3.81%
  • Goodman Group3.49%
  • Unibail-Rodamco-Westfield Comm3.24%
  • Mitsubishi Estate Co Ltd3.12%
  • AvalonBay Communities Inc3.08%
  • Regency Centers Corp Common St2.80%

Sectors

  • Real Estate95.58%
  • Consumer Discretionary1.00%
  • Industrials0.85%
  • Financials0.70%
  • Communications0.69%
  • Treasury0.59%
  • Others0.59%

Geography

  • U.S.A.65.23%
  • Japan8.97%
  • Australia5.97%
  • France4.15%
  • Hong Kong3.70%
  • Singapore3.61%
  • United Kingdom2.19%
  • Germany1.52%
  • Spain1.29%
  • Sweden0.99%
  • Belgium0.80%
  • Others1.58%