Nationwide BNY Mellon Dynamic U.S. Core Fund Class A (NMFAX)

Overview

The fund aims to achieve long-term capital growth by outperforming the S&P 500® Index across a full market cycle, while maintaining a level of market risk comparable to that of the index. This objective is pursued through investments primarily in equity securities, particularly common stocks of companies that are part of the S&P 500 Index. The fund's strategy focuses on leveraging the potential for growth in these companies, which are considered representative of the U.S. market's performance. By aiming to mirror the market risk profile of the S&P 500, the fund seeks to provide a balanced approach to achieving growth, making it suitable for investors looking for long-term capital appreciation aligned with the performance of the broader U.S. equity market.

Products and Services

• Equity Securities Investment

At the core of its strategy, the fund invests in common stocks of companies listed in the S&P 500 Index. This investment approach is predicated on the belief that these equity securities offer potential for substantial growth over the long term. By focusing on companies within this index, the fund aligns itself with the performance and risk profile of major U.S. corporations, offering investors exposure to the U.S. equity market.

• Derivatives Investment

Aside from direct investment in equity securities, the fund also engages in transactions involving derivatives. These financial instruments are used to further align the fund's performance with that of the S&P 500 Index, providing additional flexibility in managing market risk. Derivatives can include futures, options, and swap contracts, with their value linked to the performance of U.S. issuers, enhancing the fund's ability to achieve its objective of outperforming the index over a full market cycle.