Key stats
About Principal Exchange-Traded Funds Principal Focused Blue Chip ETF
Home page
Inception date
Jul 13, 2023
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
BCHP provides exposure to the global large-cap space, investing in stocks classified to be blue chip or those that are projected to have high income, potential for growth, and capital appreciation. The adviser employs a bottom-up approach, evaluating stocks based on fundamental factors such as competitive position, management and organizational culture. The fund is non-transparent, utilizing a proxy portfolio to show a representative sample that closely mirrors the funds holdings daily called a Tracking Basket. This is constructed using a proprietary optimization process, aiming to minimize fluctuations between the returns of the tracking basket and the actual holdings. Additionally, the fund seeks to take advantage of the arbitrage opportunities presented to maximize profit. A disclosure of the overlap in weights between the tracking basket and actual portfolio is also published daily, providing insight into the potential risk of deviations in performance.
Classification
What's in the fund
Exposure type
Technology Services
Retail Trade
Finance
Commercial Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.