Nationwide Destination 2010 Fund
Investment Objective
The Fund seeks capital appreciation and income consistent with its current asset allocation.
Investment Strategy
The Fund is a “fund of funds” that invests in affiliated Nationwide Mutual Funds and unaffiliated mutual funds (including exchange-traded funds) representing a variety of asset classes tailored for investors planning to retire in, or close to, the year 2010 (“target date," generally assumed to be when investors have reached the approximate age of 65). Currently the Fund primarily seeks income by investing in bonds and secondarily seeks capital growth by investing in stocks of U.S. and foreign companies.
The Fund's principal value is not guaranteed at any time, including at the target date designated in the Fund's name. For the next 20 years after the target date, the Fund's allocations to different asset classes will become progressively more conservative, with increasing emphasis on investments that provide for income and preservation of capital, and less on those offering the potential for growth.
Portfolio Management
Nationwide Fund Advisors
Thomas R. Hickey Jr., portfolio manager, is responsible for the day-to-day management of the Fund, including selection of the Fund's investments.
Fund Documents
You can find more detailed information about the Fund in the summary prospectus, prospectus and other fund documents. You should carefully read the documents before investing.
Top Holdings (all classes) as of 12/30/2011
View all holdings as of 12/30/2011 | 11/30/2011 | 10/31/2011
| Holding | Percent |
|---|---|
| NATIONWD ALT ALLOCATION-INS | 27.95% |
| NATIONWIDE MUTUAL FUNDS BOND INDEX FD INSTIT SCV | 26.18% |
| NATIONWIDE S&P 500 IDX - INS | 15.90% |
| ISHARES BARCLAYS 1-3 YRS TREASURY BOND FUND | 7.49% |
| ISHARES TRUST LEHMAN 1-3 YR CREDIT BD FD | 7.49% |
| NATIONWIDE INTL INDEX FD - INS | 5.98% |
| NATIONWIDE MUT FDS NEW MID CAP MKT INDEX FD INSTL | 3.97% |
| NATIONWIDE MUTUAL FUNDS INSTITUTIONAL SHSMONEY | 3.00% |
| NATIONWIDE MUT FDS NEW SML CAP INDX I | 1.98% |
| Holding | Ticker | Security No | Shares | Market Value | Percent |
|---|---|---|---|---|---|
| NATIONWD ALT ALLOCATION-INS | NAAIX | 63867V234 | 990,969 | 9,097,095.09 | 27.95% |
| NATIONWIDE MUTUAL FUNDS BOND INDEX FD INSTIT SCV | GBXIX | 63867R845 | 728,288 | 8,520,972.97 | 26.18% |
| NATIONWIDE S&P 500 IDX - INS | GRMIX | 63867U335 | 494,687 | 5,174,422.90 | 15.90% |
| ISHARES BARCLAYS 1-3 YRS TREASURY BOND FUND | SHY | 464287457 | 28,865 | 2,439,092.50 | 7.49% |
| ISHARES TRUST LEHMAN 1-3 YR CREDIT BD FD | N/A | 464288646 | 23,397 | 2,437,967.40 | 7.49% |
| NATIONWIDE INTL INDEX FD - INS | GIXIX | 63867T866 | 310,411 | 1,946,274.44 | 5.98% |
| NATIONWIDE MUT FDS NEW MID CAP MKT INDEX FD INSTL | GMXIX | 63867U780 | 97,433 | 1,291,962.47 | 3.97% |
| NATIONWIDE MUTUAL FUNDS INSTITUTIONAL SHSMONEY | GMIXX | 63867U772 | 976,567 | 976,567.20 | 3.00% |
| NATIONWIDE MUT FDS NEW SML CAP INDX I | GMRIX | 63867V861 | 58,738 | 643,763.41 | 1.98% |
| Holding | Ticker | Security No | Shares | Market Value | Percent |
|---|---|---|---|---|---|
| NATIONWD ALT ALLOCATION-INS | NAAIX | 63867V234 | 935,947 | 8,676,224.83 | 26.67% |
| NATIONWIDE MUTUAL FUNDS BOND INDEX FD INSTIT SCV | GBXIX | 63867R845 | 733,473 | 8,574,297.50 | 26.36% |
| NATIONWIDE S&P 500 IDX - INS | GRMIX | 63867U335 | 518,413 | 5,443,337.78 | 16.73% |
| VANGUARD BOND INDEX FUND INC SHORT-TERM BOND | N/A | 921937827 | 60,435 | 4,910,343.75 | 15.10% |
| NATIONWIDE INTL INDEX FD - INS | GIXIX | 63867T866 | 295,271 | 1,934,025.89 | 5.95% |
| NATIONWIDE MUT FDS NEW MID CAP MKT INDEX FD INSTL | GMXIX | 63867U780 | 92,256 | 1,339,556.38 | 4.12% |
| NATIONWIDE MUTUAL FUNDS INSTITUTIONAL SHSMONEY | GMIXX | 63867U772 | 984,252 | 984,251.60 | 3.03% |
| NATIONWIDE MUT FDS NEW SML CAP INDX I | GMRIX | 63867V861 | 58,862 | 668,671.96 | 2.06% |
| Holding | Ticker | Security No | Shares | Market Value | Percent |
|---|---|---|---|---|---|
| NATIONWD ALT ALLOCATION-INS | NAAIX | 63867V234 | 935,806 | 8,918,229.81 | 27.15% |
| NATIONWIDE MUTUAL FUNDS BOND INDEX FD INSTIT SCV | GBXIX | 63867R845 | 731,508 | 8,580,592.88 | 26.12% |
| NATIONWIDE S&P 500 IDX - INS | GRMIX | 63867U335 | 518,332 | 5,458,032.40 | 16.61% |
| VANGUARD BOND INDEX FUND INC SHORT-TERM BOND | N/A | 921937827 | 60,337 | 4,916,258.76 | 14.96% |
| NATIONWIDE INTL INDEX FD - INS | GIXIX | 63867T866 | 295,229 | 1,983,938.74 | 6.04% |
| NATIONWIDE MUT FDS NEW MID CAP MKT INDEX FD INSTL | GMXIX | 63867U780 | 92,239 | 1,343,005.82 | 4.09% |
| NATIONWIDE MUTUAL FUNDS INSTITUTIONAL SHSMONEY | GMIXX | 63867U772 | 984,215 | 984,214.51 | 3.00% |
| NATIONWIDE MUT FDS NEW SML CAP INDX I | GMRIX | 63867V861 | 58,847 | 670,861.41 | 2.04% |
Pricing and Performance
Pricing and performance for this fund
Pricing and performance for all funds
Important Disclosures
Investors should carefully consider a fund's (and each of its underlying funds') investment objectives, risks, fees, charges and expenses before investing any money. To obtain this and other information on Nationwide Funds, please call 1-800-848-0920 to request a summary prospectus and/or a prospectus, or download a summary prospectus and/or a prospectus at nationwide.com/mutualfunds. Please read it carefully before investing any money.
The Nationwide Target Destination Funds are designed to provide diversification across a variety of asset classes, primarily by investing in underlying funds. Therefore, in addition to the expenses of the Nationwide Target Destination Funds, each investor is indirectly paying a proportionate share of the applicable fees and expenses of the underlying funds. In general, a fund with a later target date is expected to be more volatile, and thus riskier, because of its greater allocation to equity securities than a fund with an earlier target date. A fund at its target date through the next 20 years is expected to be less volatile than a fund in its “pre-target-date” stage. The Nationwide Retirement Income Fund, which is the vehicle intended to serve investors who are approximately 20 years beyond a fund’s target date, is expected to be the least volatile of the Funds due to the Retirement Income Fund’s further reduced exposure to equity securities.
Asset allocation is the process of spreading assets across several different investment styles and asset classes. The purpose is to potentially reduce long-term risk and capture potential profits across various asset classes.
There is no assurance that the investment objective of any fund (or that of any underlying fund) will be achieved, nor that a diversified portfolio will produce better results than a nondiversified portfolio. Diversification does not guarantee returns or insulate an investor from potential losses, including the possible loss of principal.
The Fund is subject to different levels of risk, based on the types and sizes of its underlying asset class allocations and its allocation strategy. In addition, the Fund’s underlying funds may be subject to specific investment risks such as those associated with: (i) bonds and short-term instruments, (ii) small companies, (iii) mid-sized companies, (iv) international securities, (v) real estate investment trusts (REITs), and (vi) initial public offerings (IPOs).
Because a fund’s allocation may not match a particular investor’s retirement goal and an investor may have different retirement needs than anticipated, there is no guarantee that an investor will have the desired level of retirement assets available. Also, an investor may have different retirement needs than the allocation model anticipates.
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