Not just hard to use...its WRONG!!! – Principal® Mobile Review

The personalized rate of return in the Principal iPhone app is WRONG!! Somehow losses are being displayed as gains!! I own the Lazard Emerging Markets Equity fund in my employer sponsored 401k. The year to date return for the fund is -13.1%, confirmed in the Principal desktop website, the Lazard website, and the Morningstar website. In the iPhone app, the rate of return for the fund shows as 13.1% with no negative sign. This is a big difference! The personalized rate of return on the Principal iPhone app is 0.3%. The personalized rate of return on the Principal desktop website is -0.3%. The Principal desktop website is correct and the iPhone app is completely and totally wrong. I have primarily been using the iPhone app to track my investments recently. I was completely mislead. I cannot believe that Principal would put out a product with such a huge problem. Who knows how many other people have this problem??!!
Review by Alanlangw on Principal® Mobile.

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