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 22 March 2019
Asset Under Management 3.76 Million (USD)
1 Month Total Return -2.21 %
Year To Date Return 13.65 %
1 Year Total Return -3.14 %
3 Year Annualized Total Return
NAV 25.06
Share Outstanding 150,001
Top 10 Holdings (22 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
DENTSPLY SIRONA INC COMMON STOCK USD.01 XRAY EQUI 0.007035595429661604
BIO RAD LABORATORIES A COMMON STOCK USD.0001 BIO EQUI 0.006772235830972021
MASTEC INC COMMON STOCK USD.1 MTZ EQUI 0.006496796394420751
COLFAX CORP COMMON STOCK USD.001 CFX EQUI 0.006492025996121348
ALLERGAN PLC COMMON STOCK USD.0033 AGN EQUI 0.006470519127257156
PILGRIM S PRIDE CORP COMMON STOCK USD.01 PPC EQUI 0.006366891596936414
BAKER HUGHES A GE CO COMMON STOCK USD.0001 BHGE EQUI 0.00634308356032888
KANSAS CITY SOUTHERN COMMON STOCK USD.01 KSU EQUI 0.0062960440718405125
XEROX CORP COMMON STOCK USD1.0 XRX EQUI 0.006262734022360183
QUANTA SERVICES INC COMMON STOCK USD.00001 PWR EQUI 0.006197551506843681