PSMIX

About PSMIX

Principal Global Multi-Strategy Fund Institutional Class is an open-end mutual fund designed to pursue long-term capital appreciation while emphasizing positive total returns and controlled volatility. The fund employs a diversified, alternatives-led approach that blends multiple strategies and managers across global markets, seeking low to modest correlation with traditional asset classes. It invests broadly in equities, fixed income, currencies, commodities, convertible securities, and bank loans, with a mandate to allocate at least 30% of net assets to foreign and emerging markets and maintain exposures tied economically to at least twenty countries. The portfolio is managed by an experienced team and benchmarks its results against the HFRX Global Hedge Fund Index, aligning its objective with multi-strategy alternative peers. Positioned within the Multi-Strategy category, the fund’s role in the market is to provide diversified alternative exposure in a single vehicle, offering institutional investors a consolidated way to access multiple risk premia and tactical allocations aimed at smoothing return patterns through varying market cycles.