Investment objective
The Fund seeks to match the performance of the Standard & Poor's MidCap 400 Index (the S&P MidCap 400 Index) as closely as possible before the deduction of Fund expenses.
Investment strategy
The Fund employs a "passive" management, or indexing, approach, designed to match approximately the performance of the S&P MidCap 400 Index before the deduction of Fund expenses. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities of companies that are included in or other financial instruments that are correlated with, the S&P MidCap 400 Index.
Portfolio management
BlackRock Investment Management, LLC, Subadviser
Rachel Aguirre, Christopher Bliss, Edward Corallo, Jennifer Hsui, and Timothy Murray are responsible for the day-to-day management of the Fund, including selection of the Fund's investments.
Nationwide Fund Distributors LLC is not an affiliate of BlackRock Investment Management, LLC.