Nationwide Investor Destinations Aggressive Fund Class A (NDAAX)

Overview

The fund operates as a "fund of funds," meaning it allocates its assets across a diversified portfolio of affiliated mutual funds, each targeting different asset classes and sectors. This strategic approach allows the fund to offer investors exposure to a broad spectrum of investments, including equities and various other securities, tailored to meet the specific investment objectives and strategies of each underlying fund. By investing in a mix of asset classes, the fund aims to mitigate risk while seeking to capitalize on potential market gains, offering a comprehensive investment solution.

Products and Services

The fund's primary offerings include:

• Affiliated Mutual Funds: These funds represent the core of the fund's investment strategy, covering a wide range of asset classes. Each mutual fund within this category is focused on different sectors and investment objectives, from equity funds aiming for long-term growth to bond funds seeking income stability.
• Equity Investments: A significant portion of the fund's investments is directed towards equities or stocks. These investments are made through the affiliated mutual funds and are geared towards achieving growth by capitalizing on the performance of companies across various industries and geographical regions.
• Other Securities: Apart from equities, the fund also invests in a variety of other securities through its underlying funds. This may include fixed-income securities, real estate investment trusts (REITs), commodities, and derivatives. The aim here is to diversify the investment portfolio further, reducing risk and potentially enhancing returns across different market conditions.