Principal Capital Appreciation Select ETF

Principal Capital Appreciation Select ETF is an actively managed exchange-traded fund focused on long-term capital appreciation through a portfolio of U.S. equity securities. The fund invests across market capitalizations, with a notable tilt toward large-cap companies, and uses fundamental research to select businesses with durable competitive positions, attractive valuation characteristics, and growth potential. Its portfolio is concentrated in sectors such as technology, healthcare, financial services, communication services, and industrials, giving investors broad exposure to leading U.S. companies while maintaining a selective approach. Principal Capital Appreciation Select ETF is designed to serve as a core equity allocation within the U.S. market, combining diversification with active stock selection across multiple industries.