Principal SmallCap Fund - Keywords

 

INVESTMENT FOCUS

  • Small Caps
  • Growth and Quality

INVESTMENT PHILOSOPHY

  • Long-Term Investor
  • Quality Focus
  • Research Driven
  • Disciplined Investing
  • Growth Leaders
  • Innovation Driven
  • Innovators
  • Renovators
  • Pacesetters

INVESTMENT PROCESS

  • Build Financial Models
  • Demand and Supply Analysis
  • Bottom-Up Selection
  • Company-by-Company
  • Identifying Disruptors
  • Underappreciated Earnings Growth
  • Seeking Positive Fundamental Change
  • Earnings Power Analysis
  • Fundamental Analysis
  • Qualitative Analysis

RESEARCH PROCESS

  • Fundamental Analysis
  • Revenue Growth Models
  • No Macro Views
  • Core Earnings Growth
  • Expected Return Calculation
  • Growth Longevity Analysis
  • Earnings Growth Factors
  • Sustainable Business Models
  • Trends Across Industries
  • Superior and Sustainable Growth
  • Fundamental Momentum
  • Qualitative and Quantitative Screening
  • Deep Dive Research
  • Positive and Sustainable Change
  • Expectation Gap Calculation

PORTFOLIO CONSTRUCTION

  • Diversified
  • Emerging Franchise
  • U.S. Small Caps
  • Benchmark Aware
  • Strict Sell Discipline
  • Collaborative
  • Depressed Valuation
  • Low Turnover

RISK CONTROL

  • Permanent Loss of Capital
  • Price Sensitive
  • Position Size
  • Deep Research Driven
  • Downside Control
  • Idiosyncratic Risk
  • Unexpected Risks
  • Idiosyncratic Risk
  • Separate Rewarded and Unrewarded Risks