Nationwide Investor Destinations Moderate Institutional Service Class (NWWJX)

Overview

The fund, as described, operates as a "fund of funds," focusing its investments primarily on affiliated mutual funds that span a broad range of asset classes. By targeting a diversified portfolio that includes U.S. stocks, international stocks, and bonds, the fund seeks to provide its investors with a strategic balance, aiming to mitigate risk while pursuing growth. It achieves this diversification through investments in mutual funds offered by Nationwide Mutual Funds and both affiliated and unaffiliated exchange-traded funds (ETFs). This investment approach allows the fund to spread risk across various asset classes and geographical locations, potentially leading to a more stable investment experience over time.

Products and Services

• Affiliated Mutual Funds

  The fund invests in mutual funds that are part of the Nationwide Mutual Funds family. These affiliated mutual funds cover a wide range of asset classes, including equities and bonds, both in the U.S. and internationally. This service offers investors the opportunity to diversify their investments within a single fund structure, benefiting from the expertise and strategic asset allocation provided by Nationwide.

• Exchange-Traded Funds (ETFs)

  Alongside investing in mutual funds, the fund also allocates investments to both affiliated and unaffiliated exchange-traded funds. ETFs offer the advantage of being traded on stock exchanges, similar to individual stocks, which can provide liquidity and flexibility not always available in mutual funds. This component of the fund’s portfolio adds another layer of diversification, as ETFs can range across various sectors, asset classes, and regions, further broadening the investment scope and potential for risk mitigation and growth.