Principal Asset Management℠ launches Capital Appreciation Select ETF
Principal Asset Management has launched the Principal Capital Appreciation Select ETF (LCAP), expanding its active ETF lineup to 12 funds with combined AUM of $5.9 billion. The new ETF will be managed by Principal Edge, which oversees $21.1 billion in AUM.
The launch comes amid growing interest in active ETFs, which saw net inflows exceeding $27.9 billion in 2024. The fund aims to invest in high-quality U.S. companies with competitive advantages and growing cash flows, managed by portfolio managers Toby Jayne and Dan Coleman.
The ETF is designed to provide investors with stability and long-term capital growth, offering active management flexibility to navigate market uncertainty, identify undervalued opportunities, and mitigate downside risks.
Principal Asset Management ha lanciato il Principal Capital Appreciation Select ETF (LCAP), ampliando la sua gamma di ETF attivi a 12 fondi con un patrimonio totale di $5,9 miliardi. Il nuovo ETF sarà gestito da Principal Edge, che sovrintende a $21,1 miliardi di AUM.
Il lancio avviene in un contesto di crescente interesse per gli ETF attivi, che hanno registrato afflussi netti superiori a $27,9 miliardi nel 2024. Il fondo mira a investire in aziende americane di alta qualità con vantaggi competitivi e flussi di cassa in crescita, gestito dai gestori di portafoglio Toby Jayne e Dan Coleman.
L'ETF è progettato per fornire agli investitori stabilità e crescita del capitale a lungo termine, offrendo flessibilità nella gestione attiva per affrontare l'incertezza del mercato, identificare opportunità sottovalutate e mitigare i rischi al ribasso.
Principal Asset Management ha lanzado el Principal Capital Appreciation Select ETF (LCAP), ampliando su línea de ETF activos a 12 fondos con un AUM combinado de $5.9 mil millones. El nuevo ETF será gestionado por Principal Edge, que supervisa $21.1 mil millones en AUM.
El lanzamiento se produce en medio de un creciente interés por los ETF activos, que vieron flujos netos superiores a $27.9 mil millones en 2024. El fondo tiene como objetivo invertir en empresas estadounidenses de alta calidad con ventajas competitivas y flujos de efectivo en crecimiento, gestionado por los administradores de cartera Toby Jayne y Dan Coleman.
El ETF está diseñado para proporcionar a los inversores estabilidad y crecimiento del capital a largo plazo, ofreciendo flexibilidad en la gestión activa para navegar la incertidumbre del mercado, identificar oportunidades infravaloradas y mitigar los riesgos a la baja.
Principal Asset Management는 Principal Capital Appreciation Select ETF (LCAP)를 출시하여 12개의 펀드로 구성된 액티브 ETF 라인업을 $59억의 자산 규모로 확장했습니다. 새로운 ETF는 $211억의 자산을 관리하는 Principal Edge에서 운영될 것입니다.
이번 출시는 2024년에 $279억을 초과하는 순유입을 기록한 액티브 ETF에 대한 관심이 높아지는 가운데 이루어졌습니다. 이 펀드는 경쟁 우위와 성장하는 현금 흐름을 가진 고품질 미국 기업에 투자하는 것을 목표로 하며, 포트폴리오 매니저인 Toby Jayne과 Dan Coleman이 관리합니다.
이 ETF는 투자자에게 안정성과 장기 자본 성장을 제공하도록 설계되었으며, 시장의 불확실성을 헤쳐 나가고, 저평가된 기회를 식별하며, 하방 위험을 완화하기 위한 액티브 관리의 유연성을 제공합니다.
Principal Asset Management a lancé le Principal Capital Appreciation Select ETF (LCAP), élargissant sa gamme d'ETF actifs à 12 fonds avec un actif total de 5,9 milliards de dollars. Le nouvel ETF sera géré par Principal Edge, qui supervise 21,1 milliards de dollars d'AUM.
Ce lancement intervient dans un contexte d'intérêt croissant pour les ETF actifs, qui ont enregistré des entrées nettes dépassant 27,9 milliards de dollars en 2024. Le fonds vise à investir dans des entreprises américaines de haute qualité avec des avantages concurrentiels et des flux de trésorerie en croissance, géré par les gestionnaires de portefeuille Toby Jayne et Dan Coleman.
L'ETF est conçu pour offrir aux investisseurs stabilité et croissance du capital à long terme, offrant une flexibilité de gestion active pour naviguer dans l'incertitude du marché, identifier des opportunités sous-évaluées et atténuer les risques à la baisse.
Principal Asset Management hat den Principal Capital Appreciation Select ETF (LCAP) ins Leben gerufen und damit seine aktive ETF-Palette auf 12 Fonds mit einem Gesamtvermögen von 5,9 Milliarden Dollar erweitert. Der neue ETF wird von Principal Edge verwaltet, das 21,1 Milliarden Dollar an AUM betreut.
Der Launch erfolgt vor dem Hintergrund eines wachsenden Interesses an aktiven ETFs, die im Jahr 2024 Nettomittelzuflüsse von über 27,9 Milliarden Dollar verzeichneten. Der Fonds zielt darauf ab, in hochwertige US-Unternehmen mit Wettbewerbsvorteilen und wachsendem Cashflow zu investieren, die von den Portfoliomanagern Toby Jayne und Dan Coleman geleitet werden.
Der ETF ist darauf ausgelegt, den Anlegern Stabilität und langfristiges Kapitalwachstum zu bieten und eine aktive Managementflexibilität zu ermöglichen, um durch Marktunsicherheiten zu navigieren, unterbewertete Chancen zu identifizieren und Abwärtsrisiken zu mindern.
- Launch of new actively managed ETF expands product offering
- Principal Edge manages significant AUM of $21.1 billion
- Part of growing active ETF market with strong inflows ($27.9B in 2024)
- Company's ETF suite now manages $5.9 billion across 12 funds
- None.
Aimed for investors seeking both stability and long-term capital growth
In 2024, active ETFs experienced accelerating growth, with net inflows exceeding
“This latest addition strengthens our active ETF suite, tapping into our deep investment expertise to offer clients a streamlined way to invest in what we identify as high quality, competitively advantaged
The ETF will be managed by Toby Jayne, portfolio manager, and Dan Coleman, co-CIO & portfolio manager of the Capital Appreciation strategy at Principal Asset Management.
With the addition of the Principal Capital Appreciation Select ETF, Principal now offers 12 ETFs designed with the goals of enhancing investor returns, mitigating risk, and improving portfolio diversification. Combined, they represent approximately
About Principal Asset Management℠
With public and private market capabilities across all asset classes, Principal Asset Management and its investment specialists look at asset management through a different lens, creating solutions to help deliver client investment objectives. By applying local insights with global perspectives, Principal Asset Management identifies distinct and compelling investment opportunities for more than 1,100 institutional clients in over 80 markets. Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing
Learn more at www.PrincipalAM.com.
[1] As of December 31, 2024
[2] Morningstar
[3] March 19, 2025
[4] Pensions & Investments, “The Best Places to Work in Money Management”, among companies with 1,000 or more employees, December 2024.
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Principal Asset Management is the global investment management business for Principal Financial Group® and includes the asset management operations of the following: Principal Global Investors, LLC; Principal Real Estate Investors, LLC; Principal Real Estate Europe Limited and its affiliates; Spectrum Asset Management, Inc.; Post Advisory Group, LLC; Origin Asset Management, LLP; Principal Asset Management Ltda; Principal Global Investors (
All figures shown in this document are in
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Media Contact: Erin Parro, parro.erin@principal.com, 515-878-0130
Source: Principal Asset Management
FAQ
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