Would my 401(k) account balance and fund share change upon mapping to the new funds?
Your Principal funds held in your 401(k) account will be mapped to the new funds with a similar investment style. Many of these new funds will have an opening Net Asset Value (NAV) of $10.00 per share. For example: • As of March 27, let’s say you own 100 shares of Principal SmallCap Growth Fund with a closing NAV of $8.00. Your account balance is $800 (100 shares x $8). • As of March 28, your Principal SmallCap Growth Fund balance of $800 will be used to purchase the new Small/Mid Cap Growth Fund with a NAV of $10.00/share, which converts to 80 shares. Your account balance remains the same $800 (80 shares x $10). Your 401(k) account balance may change during and after the blackout period based on the stock market fluctuation.
