Nationwide Maximum Diversification U.S. Core Equity ETF (MXDU)

Overview

This entity operates as an investment fund, focusing on equity securities primarily traded in the United States. It commits at least 80% of its net assets, in addition to any borrowings for investment pursuits, into equity securities. Targeting a diversified portfolio, the fund invests in both common and preferred stock of large and mid-capitalization U.S. companies. The backbone of its investment strategy is a rules-based index, engineered to enhance portfolio diversification relative to traditional market capitalization weighted benchmarks. This structured approach aims to provide investors with a balanced exposure to U.S. equity markets, optimizing the potential for returns while managing risks associated with market volatility.

Products and Services

The fund's primary offerings center around its investment in equity securities, detailed as follows:

• Equity Securities Investment - The core service involves the allocation of at least 80% of the fund's net assets, plus any borrowings for investment purposes, in equity securities predominantly traded in the United States. This includes a mix of common and preferred stocks from large and mid-cap U.S. companies, aiming at providing sustainable growth and returns for investors.
• Rules-Based Index Strategy - Unlike traditional investment funds that might follow market capitalization weighted benchmarks, this fund employs a sophisticated rules-based index for creating its equity portfolio. This strategy is designed to ensure a more diversified investment approach, minimizing risks and potentially outperforming standard market indices over time.