Nationwide Growth Fund Quote
| GGFRX Fund | USD 14.75 0.05 0.34% |
Performance10 of 100
| Odds Of DistressLess than 19
|
Nationwide Growth is trading at 14.75 as of the 27th of November 2024; that is 0.34% down since the beginning of the trading day. The fund's open price was 14.8. Nationwide Growth has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Nationwide Growth Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
The fund seeks to provide investors with long-term growth of capital by outperforming the SP 500 Index over a full market cycle while maintaining a similar level of market risk as the index. Equity securities that the fund buys primarily are common stocks of companies that are included in the SP 500 Index. More on Nationwide Growth Fund
Moving together with Nationwide Mutual Fund
| 0.62 | NADCX | Nationwide Investor | PairCorr |
| 0.93 | NADMX | Nationwide Investor | PairCorr |
| 0.82 | GGEAX | Nationwide Global Equity | PairCorr |
| 0.83 | GGEIX | Nationwide Global Equity | PairCorr |
Moving against Nationwide Mutual Fund
Nationwide Mutual Fund Highlights
| Fund Concentration | Nationwide Funds, Large Blend Funds, Large Blend, Nationwide, Large Blend, Large Blend (View all Sectors) |
| Update Date | 30th of September 2024 |
Nationwide Growth Fund [GGFRX] is traded in USA and was established 27th of November 2024. Nationwide Growth is listed under Nationwide category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Nationwide family. This fund currently has accumulated 234.33 M in assets under management (AUM) with no minimum investment requirementsNationwide Growth is currently producing year-to-date (YTD) return of 24.46% with the current yeild of 0.01%, while the total return for the last 3 years was 6.47%.
Check Nationwide Growth Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nationwide Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nationwide Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nationwide Growth Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Nationwide Growth Fund Mutual Fund Constituents
| NFLX | Netflix | Stock | Communication Services | |
| HD | Home Depot | Stock | Consumer Discretionary | |
| V | Visa Class A | Stock | Financials | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| ADBE | Adobe Systems Incorporated | Stock | Information Technology | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care |
Nationwide Growth Risk Profiles
| Mean Deviation | 0.542 | |||
| Semi Deviation | 0.6591 | |||
| Standard Deviation | 0.7449 | |||
| Variance | 0.5549 |
Nationwide Growth Against Markets
Other Information on Investing in Nationwide Mutual Fund
Nationwide Growth financial ratios help investors to determine whether Nationwide Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nationwide with respect to the benefits of owning Nationwide Growth security.
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