PIEQ

📎 Investment Objective

The Principal International Equity ETF (PIEQ) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the MSCI ACWI ex USA Index, which measures the equity market performance of developed and emerging markets, excluding the United States.

✨ Key Features

• Provides broad exposure to international developed and emerging market equities
• Tracks the MSCI ACWI ex USA Index, a widely recognized benchmark for international stocks
• Utilizes a passive, index-based investment approach to minimize costs
• Suitable for investors seeking diversification outside of the U.S. equity market

⚠️ Primary Risks

• Market risk: The value of the ETF's holdings may decline due to general market conditions
• Currency risk: The ETF's returns could be reduced by fluctuations in the value of foreign currencies relative to the U.S. dollar
• Emerging markets risk: Investing in emerging markets may involve greater volatility and political, economic, and regulatory uncertainties
• Tracking error risk: The ETF may not perfectly track the performance of its underlying index

👤 Best For

The Principal International Equity ETF may be suitable for long-term investors seeking broad exposure to international developed and emerging market equities as part of a diversified portfolio. It may be particularly appropriate for investors with a higher risk tolerance who are looking to gain exposure to global markets outside of the United States.