Principal SAM Strategic Growth Fund Class A is an aggressive allocation mutual fund managed by Principal Asset Management, aiming primarily for long-term capital appreciation. Established in 1996, the fund operates as a fund-of-funds, meaning it invests predominantly in a carefully selected mix of other equity and specialty mutual funds rather than individual securities. Typically, between 75% and 100% of its assets are allocated to equity funds, with a smaller portion potentially dedicated to sector-specific or specialty strategies such as infrastructure, commodities, and international markets. This structure provides investors with broad diversification across domestic and global equities, supplemented by exposure to alternative assets designed to enhance returns and manage risk. The fund is positioned within the aggressive allocation category, attracting investors with a higher risk tolerance seeking capital growth. Its holdings are regularly rebalanced by a team of experienced portfolio managers to respond to evolving market conditions, making it a prominent choice for those seeking exposure to an actively managed, growth-oriented investment vehicle within the mutual fund universe.
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