3 / 5 Stars
3 3 1 5 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 51 Target Date 2036-2040 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 20.18 percent over the past year, 10.68 percent over the past three years, and 14.62 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.3%|
|3 Years (Annualized)||10.7%|
|5 Years (Annualized)||14.6%|
|10 Years (Annualized)||N/A|
The investment seeks capital appreciation and income consistent with its current asset allocation. The fund is a "fund of funds" that invests in affiliated and unaffiliated 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 2040. The fund allocates approximately 58% of its net assets in U.S. stocks (29% of which represents smaller companies) and approximately 28% in international stocks. It is non-diversified.
Fees are Above Average compared to funds in the same category.
Nationwide Destination 2040 Fund has an expense ratio of 1.13 percent.
Risk is Average compared to funds in the same category according to Morningstar.