Objective and Structure
The main objective of the Principal iDaily-D Fund is to generate steady income with minimal risk, while maintaining a high level of liquidity. The fund invests primarily in short-term money market instruments, which provide relatively lower returns compared to long-term investments but offer high safety and liquidity. This structure is ideal for investors who prefer to preserve their capital while earning moderate returns.
Target Investors
The Principal iDaily-D Fund is well-suited for:
- Conservative investors: Those seeking to preserve their capital while earning stable, low-risk returns.
- Short-term investors: Ideal for individuals with short-term investment goals who need liquidity and want to avoid market volatility.
- Liquidity-focused investors: Individuals who require easy access to their funds with the flexibility to redeem their investments on any business day. shutdown123