Principal Asset Management Launches Focused Blue-Chip ETF for US Large-Cap Growth Exposure

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Principal Asset Management has introduced a new actively managed ETF, the Focused Blue-Chip ETF (BCHP US), providing access to a portfolio of US large-cap growth equities, focusing on high-quality blue-chip stocks. The ETF aims to replicate the strategy of the Focused Blue-Chip Mutual Fund, managed by Principal Aligned, with an impressive track record and recently awarded a Gold Medalist Rating by Morningstar. The investment team follows a bottom-up, fundamental process, emphasizing competitive positioning, company management, free cash flow, and risk. The ETF is expected to be relatively concentrated, holding around 20 to 30 carefully selected companies with owner-operator structures, known for their long-term outlook and efficient capital allocation.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

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