Nationwide Destination is trading at 13.96 as of the 24th of November 2024; that is 0.5% down since the beginning of the trading day. The fund's open price was 14.03. Nationwide Destination has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Nationwide Destination 2065 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
The fund is a fund of funds that invests primarily in affiliated mutual funds representing a variety of asset classes. It invests in a professionally selected mix of different asset classes that is tailored for investors planning to retire in, or close to, the year 2065. More on Nationwide Destination 2065
Nationwide Destination 2065 [NWASX] is traded in USA and was established 24th of November 2024. Nationwide Destination is listed under Nationwide category by Fama And French industry classification. The fund is listed under Target-Date 2065+ category and is part of Nationwide family. This fund now has accumulated 831.85 K in assets with minimum initial investment of 1000 K. Nationwide Destination is currently producing year-to-date (YTD) return of 16.68% with the current yeild of 0.02%, while the total return for the last 3 years was 4.75%.
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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 Destination 2065 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 Destination 2065 Mutual Fund Constituents
Other Information on Investing in Nationwide Mutual Fund
Nationwide Destination 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 Destination security.