Nationwide Destination 2040 Fund

Scorecard
4 / 5 Stars
Lipper
4 4 1 5 2
Zacks Investment Research
2 (Buy)
Standard & Poor's
5 / 5 Stars
TheStreet.com
C (Hold)

U.S. News evaluated 52 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.

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Performance

The fund has returned 20.35 percent over the past year, 10.08 percent over the past three years, and 20.56 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 1.5%
1 Year 20.4%
3 Years (Annualized) 10.1%
5 Years (Annualized) 20.6%
10 Years (Annualized) N/A

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Summary

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

Fees are Above Average compared to funds in the same category.
Nationwide Destination 2040 Fund has an expense ratio of 0.38 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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