PVAL

Fund Description
The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq U.S. Contrarian Value Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Large Mid Cap Index (the "parent index") that appear to be undervalued by the market relative to their fundamental value, when taking multiple market environments into consideration.
Fund Profile
Fund Name Principal Contrarian Value Index ETF
Fund Exchange Ticker PVAL
Fund Sponsor Principal Financial Services
Fund ISIN US74255Y8628
Net Expense Ratio 0.29 %
Fund Inception Date 18 October 2017
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Nasdaq U.S. Contrarian Value Index
Index Provider Nasdaq
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large & Mid Cap
Growth Value Value
Continent North America
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 3.66 Million (USD)
1 Month Total Return 2.25 %
Year To Date Return 9.69 %
1 Year Total Return -3.18 %
3 Year Annualized Total Return
NAV 24.37
Share Outstanding 150,001
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
CENTENE CORP COMMON STOCK USD.001 CNC EQUI 0.008811688714055388
NORFOLK SOUTHERN CORP COMMON STOCK USD1.0 NSC EQUI 0.008399184049999075
UNIVERSAL HEALTH SERVICES B COMMON STOCK USD.01 UHS EQUI 0.008092327978483393
DISCOVERY INC A COMMON STOCK USD.01 DISCA EQUI 0.007946957250054239
ANTHEM INC COMMON STOCK USD.01 ANTM EQUI 0.007936645120005206
MEDTRONIC PLC COMMON STOCK USD.1 MDT EQUI 0.007745024112965736
DANAHER CORP COMMON STOCK USD.01 DHR EQUI 0.007719475942833473
JUNIPER NETWORKS INC COMMON STOCK USD.00001 JNPR EQUI 0.0076854562007790195
ARCHER-DANIELS-MIDLAND CO ADM EQUI 0.0073743295895611774
CORNING INC COMMON STOCK USD.5 GLW EQUI 0.007372386160360781