Nationwide Geneva Mid Fund Quote
NWKAX Fund | USD 15.08 0.05 0.33% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Nationwide Geneva is trading at 15.08 as of the 21st of January 2025; that is 0.33% up since the beginning of the trading day. The fund's open price was 15.03. Nationwide Geneva has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 22nd of December 2024 and ending today, the 21st of January 2025. Click here to learn more.
The fund seeks to invest, under normal market conditions, in common stocks of publicly traded companies that the subadviser believes demonstrate, at the time of a stocks purchase, strong growth characteristics such as a leadership position in the relevant industry, a sustainable advantage, strong earnings growth potential and experienced management. More on Nationwide Geneva Mid
Moving together with Nationwide Mutual Fund
Nationwide Mutual Fund Highlights
Fund Concentration | Nationwide Funds, Large Funds, Mid-Cap Growth Funds, Mid-Cap Growth, Nationwide (View all Sectors) |
Update Date | 31st of December 2024 |
Nationwide Geneva Mid [NWKAX] is traded in USA and was established 21st of January 2025. Nationwide Geneva is listed under Nationwide category by Fama And French industry classification. The fund is listed under Mid-Cap Growth category and is part of Nationwide family. This fund now has accumulated 1.01 B in assets with no minimum investment requirementsNationwide Geneva Mid is currently producing year-to-date (YTD) return of 2.24%, while the total return for the last 3 years was 3.88%.
Check Nationwide Geneva 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 Geneva Mid 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 Geneva Mid Mutual Fund Constituents
SBNY | Signature Bank | Pink Sheet | Financials | |
ORLY | OReilly Automotive | Stock | Consumer Discretionary | |
RJF | Raymond James Financial | Stock | Financials | |
IT | Gartner | Stock | Information Technology | |
ALGN | Align Technology | Stock | Health Care | |
TYL | Tyler Technologies | Stock | Information Technology | |
HUBS | HubSpot | Stock | Information Technology | |
GPN | Global Payments | Stock | Financials |
Nationwide Geneva Mid Risk Profiles
Mean Deviation | 0.8534 | |||
Standard Deviation | 1.46 | |||
Variance | 2.14 | |||
Risk Adjusted Performance | (0.05) |
Nationwide Geneva Against Markets
Other Information on Investing in Nationwide Mutual Fund
Nationwide Geneva 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 Geneva security.
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