EX-99.(L)(X) 7 ex99lx-etfinvestltrintlmf1.htm ETF INVEST LTR INTL MF 110817 Exhibit


Principal Financial Services, Inc.
711 High Street,
Des Moines, IA 50392
www.principal.com
newprincipallogo.jpg




November 8, 2017


Mr. Mike Beer
Chief Executive Officer and President
Principal Exchange-Traded Funds
Principal Financial Group
Des Moines, IA 50392


Dear Mr. Beer:

Principal Financial Services, Inc. intends to purchase the following shares (the “Shares”):
Principal Exchange-Traded Funds
Purchase
Amount
Shares
Purchased
Principal International Multi-Factor Index ETF
100.00
1

Each share of the Principal Exchange-Traded Funds has no par value and a price of $100 per share. In connection with such purchases, Principal Financial Services, Inc. represents and warrants that it will purchase such Shares as an investment and not with a view to resell, distribute or redeem.
PRINCIPAL FINANCIAL SERVICES, INC.
 
 
BY
/s/ Clint Woods
 
Clint Woods
 
Vice President and Associate General Counsel