Nationwide BNY Mellon Dynamic U.S. Core Fund Institutional Service Class (NGISX)

Overview

The fund is designed to cater to investors aiming for long-term growth of capital, focusing on outperforming the S&P 500® Index across a full market cycle while maintaining a market risk level comparable to that of the index. The strategy primarily involves investing in common stocks of companies that are part of the S&P 500 Index. This deliberate composition is guided by the objective of achieving superior capital appreciation, leveraging the proven performance framework of one of the most recognized equity indices globally.

Products and Services

• Equity Securities: The core of the fund's investment strategy lies in its commitment to equity securities, specifically common stocks. The selection process is heavily weighted towards companies listed within the S&P 500 Index, ensuring a stable and recognizable portfolio of investments. This approach is designed to mirror the potent mix of growth and stability that the S&P 500 Index itself is known for.

• Derivatives Linked to U.S. Issuers: In addition to direct equity investments, the fund diversifies its strategy through the inclusion of derivatives. These financial instruments are carefully chosen to align with the value of securities of U.S. issuers, adding a layer of strategic investment that complements the primary equity holdings. This component aims to enhance the fund's flexibility and ability to capitalize on market movements efficiently.

• Investment Threshold: The fund adheres to a strict policy of investing at least 80% of its net assets in either direct securities of U.S. issuers or in derivatives that bear a direct linkage to such securities. This investment threshold underscores the fund’s dedication to maintaining a focused and U.S.-centric portfolio, aligning with its goal of tracking the S&P 500 Index while striving for long-term growth.