Submitting your request...

CUSIP
Oldest share class inception date
Morningstar
Category:
category name
Overall rating:
Benchmark(s)1
Primary:
Previous: 
Secondary:
Tertiary:
Minimum investment
Expense ratios
Gross: 
Net:    
Total net assets
Daily NAV
Change:
Overall Morningstar rating is based on risk-adjusted returns for a weighted average of its applicable 3-, 5- and 10-year ratings as of .
NFW-8998AO.1

Overview

Objective

The Fund seeks to maximize total return, consisting of capital appreciation and current Income investing in equity securities of companies located throughout the world.

Investment team is a multi-tiered structure which includes generalist portfolio managers, Global Sector Specialists, and regional analysts, each adding value in distilling the Global Equity universe.

Key features

  • Fundamental stock selection: The approach is rooted in long-term fundamental analysis, guiding both stock selection and portfolio construction.
  • Forward-looking focus: The strategy emphasizes future earnings surprises rather than traditional, backward-looking style metrics.
  • Resilience across market cycles: The strategy has historically outperformed in various market conditions, especially those aligned with fundamental developments.

Fund documentation

Additional resources

Visit the site where prospectus, reports, and other regulatory documents are located.

Strategy overview

Schroders' Global Equity strategy is meticulously crafted to harness growth opportunities by identifying forward earnings growth—the "growth gap"—that the market has yet to recognize. This strategy capitalizes on the discrepancy between Schroders' forward-looking assessments and consensus estimates, aiming to invest in companies where future earnings potential is underestimated. Through a proprietary screening tool, the strategy systematically evaluates stock-level earnings indicators, capturing real-time data for over 4,000 stocks. This enables the identification of emerging company trends and shifts in market expectations before they become widely acknowledged, effectively pinpointing stocks poised for significant earnings surprises. The investment process is further strengthened by a dynamic risk assessment framework, incorporating Global Sector Specialist insights and a risk calibration tool to enhance downside protection. The multi-layered approach to portfolio risk management includes structural considerations, position sizing, factor monitoring, and performance analysis, ensuring a resilient and adaptive strategy. Supported by a global team of over 100 equity analysts and 40 ESG specialists, Schroders' strategy is dedicated to delivering consistent performance by anticipating market changes and adapting investment theses to capture unrecognized earnings potential in global equity markets.

Fund management

Portfolio management
Schroders Investment Management logo

Schroders Investment Management

Schroders is a global investment manager that provides active asset management, wealth management, and investment solutions.

Schroders serves a diverse client base that includes pensions, insurance companies, sovereign wealth funds, endowments, foundations, high-net-worth individuals, family offices, as well as end clients through partnerships with distributors, financial professionals, and online platforms.

They provide excellent investment performance to clients through active management. This means directing capital toward resilient businesses with sustainable business models, consistent with the investment goals of its clients.

The Schroders Group has over 38 locations across the Americas, the Asia Pacific region and Europe, the Middle East and Africa. Their global presence supports us in understanding the needs of their clients and delivering them the right expertise from across the business.

Founded: 1804

Location: London, England

Assets Under Management (AUM): $1064.2 Billion (as of 6/30/25)
NFW-7091AO.12

Management team

Alex Tedder photo

Alex Tedder

Portfolio Manager, CIO - Equities

Investing since: 1990
Fund tenure since: 2025
Education: Masters: University of Freiburg, Switzerland
NFW-12465AO
Frank Thormann photo

Frank Thormann, CFA

Portfolio Manager

Investing since: 1999
Fund tenure since: 2025
Education: BS, Loras College MS, University of Missouri
NFW-12466AO

Performance

Average annual returns
(as of )

YTD 1 Yr 3 Yr 5 Yr 10 Yr Since share class inception
()
Total return (%)
Return w/ sales charge (%)

Important disclosure

The results shown represent past performance; past performance does not guarantee future results. Current performance may be lower or higher than the past performance shown. Share price, principal value, and return will vary, and you may have a gain or a loss when you sell your shares. Current performance may be lower or higher than the performance data quoted.

Performance returns assume the reinvestment of all distributions. Returns for periods less than one year are not annualized. Total returns reflect a contractual expense limitation for direct annual Fund expenses for all classes for certain periods since inception, without which returns would have been lower. Pre-inception historical performance for newer share classes is based on the corresponding share class performance of a Fund's predecessor fund. If no predecessor Fund applies, historical performance is based on that of the longest existing share class, adjusted for sales charges if applicable.
NFW-8943AO

Calendar year returns
(as of )

Growth of 10K
(as of )

Fees, expenses and minimums

Gross expense ratio Prospectus
Net expense ratio Prospectus
Management actual
12b-1 actual
Minimum investment

Important disclosure

Sales charges: Class A - maximum front end sales charge of 5.75%. The maximum sales charge would be paid directly from your investment. Investors may be able to reduce or eliminate front-end sales charges on Class A shares based on investment size. Please consult the most recent prospectus for the respective Fund for more details.
NFW-11577AO.1

Important disclosure

The expense ratios are as of the most recent prospectus. The difference between gross and net operating expenses reflects contractual fee waivers in place through February 28, 2026.

The Nationwide Mutual Funds and NFA entered into a written contract limiting annual fund operating expenses to 0.80% until at least February 28, 2026. Under the agreement, the expense cap applies to all share classes (excluding 12b-1 fees).
NFW-8944M5.1

Portfolio

Asset allocation
(as of )

  Type % Net Morningstar category average

Percentage of net assets.

Top 10 holdings
(as of )

View all holdings

Holdings are provided for informational purposes and should not be deemed as a recommendation to buy or sell the securities.

Sector allocations
(as of )

Percentage of net equity assets. Percentages may not total 100.00 due to rounding.

Portfolio characteristics
(as of )

Characteristic Fund
Sharpe ratio (%)*
Standard deviation (%)*
Alpha*
Beta*
R-squared*
Turnover rate (%)
Sortino ratio (%)*
Tracking error*

* Portfolio Characteristics are calculated based on the Fund’s Morningstar Category Index using a rolling 3-year time period. If Inception Date of the share class is less than 3 years ago, Characteristic is not available.
NFW-12439AO

Style details
(as of )

Fixed-income style

Quality
High
Med
Low
Ltd
Mod
Ext
Interest-rate sensitivity

Important disclosure

The Morningstar Style Box is a nine-square grid that provides a graphical representation of the "investment style" of mutual funds as of the date noted above. For stocks and stock funds, it classifies securities according to market capitalization (the vertical axis) and growth and value factors (the horizontal axis). A darkened square in the style box indicates the weighted average style of the portfolio.

Continent allocation
(as of )

For top country overweights and underweights, see fact sheets in "Fund documentation" above.
NFW-11978AO

Rankings and ratings
(as of )

Morningstar rating Quartile ranking Percentile rank
Overall
1-year
3-year
5-year
10-year
Overall Morningstar rating is based on risk adjusted returns for a weighted average of its applicable 3-, 5- and 10-year ratings as of ..

Fund risks

The Fund is subject to the risks of investing in equity securities. The Fund also is subject to the risks of investing in foreign securities (currency fluctuations, political risks, differences in accounting and limited availability of information, all of which are magnified in emerging and frontier markets). The Fund may concentrate on specific countries or sectors, subjecting it to greater volatility than that of other mutual funds. The Fund's holdings may subject the Fund to liquidity risk, making it more difficult to sell certain securities and therefore more volatile than other mutual funds. The Fund is subject to ESG integration risk in that the subadviser's investment process may integrate ESG factors with traditional financial factors. An element of subjectivity and discretion is inherent to the interpretation and use of ESG data. Please refer to the most recent prospectus for a more detailed explanation of the Fund’s principal risks.
NFW-9135AO.4

Distributions

Distribution information

Access important year-end information shareholders will need to prepare taxes.

NFW-9187AO

[1] MSCI ACWI® Index: An unmanaged, free float-adjusted, market capitalization-weighted index that is designed to measure the performance of large-cap and mid-cap stocks in global developed and emerging markets as determined by MSCI.
NFW-11019AO

[1] MSCI World Free Index: An unmanaged, free float-adjusted, market capitalization-weighted index that is designed to measure the performance of large-cap and mid-cap stocks in global developed markets as determined by MSCI. The "Free" suffix denotes an index with a somewhat different history but the same constituents and performance in relation to its counterpart index without the suffix.

The Fund is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based.

*Effective 11/17/15, the Nationwide Global Sustainable Equity Fund underwent a subadviser and name change and is now call the Nationwide Schroders Global Equity Fund.
NFW-9606AO.2
Need more information?
We’re here to help you meet your clients’ needs. 
Mutual fund service: 1-800-848-0920
Retail mutual fund sales: 1-877-245-0761
Connect with a Nationwide Funds wholesaler or key accounts representative
NFW-10236AO.1

Read this important information

Performance represents average annual total returns, assumes the reinvestment of all distributions and reflects applicable sales charges. Total returns reflect a waiver of part of each Fund's fees for certain periods since inception, without which returns would have been lower. Average annual total returns illustrate the annual compounded returns that would have produced the cumulative total return if each Fund's performance had remained constant throughout the period indicated. Returns for periods less than one year are not annualized.
NFW-8973AO

Additional disclosures

Returns prior to the first offering of a specific share class of a Fund are based on the previous performance of other share classes of that Fund as noted below. This performance is substantially similar to what the specific share class would have produced because all share classes of a Fund invest in the same portfolio of securities. Performance assumes the reinvestment of all dividends and distributions. Performance has not been adjusted to reflect differences in applicable sales charges for individual classes, which if reflected may have resulted in higher or lower performance for the specific share class. Performance has been adjusted to reflect different expense levels for individual classes.
NFW-8982AO

Class A

Nationwide Schroders Global Equity Fund Class A shares performance prior to inception (11/19/12) is based on performance of Class A shares of the Fund's predecessor fund. Nationwide Invesco Core Plus Bond Fund Class A shares performance prior to inception (4/24/13) is based on performance of the Fund's Class R6 shares (which is based on performance of the Fund's predecessor fund). Nationwide Bailard Cognitive Value Fund, Nationwide Bailard International Equities Fund, Nationwide Bailard Technology & Science Fund, Nationwide Geneva Mid Cap Growth Fund, Nationwide Geneva Small Cap Growth Fund, Nationwide Loomis Core Bond Fund, Nationwide NYSE Arca Tech 100 Index Fund, and Nationwide WCM Focused Small Cap Fund Class A shares performance prior to each Fund's inception (9/16/13) is based on performance of Class A shares of each Fund's predecessor fund. Nationwide BNY Mellon Dynamic U.S. Equity Income Fund Class A shares performance prior to inception (12/13/19) is based on performance of Shares of the Predecessor Fund.
NFW-8983AO.9

Institutional Service Class

Nationwide BNY Mellon Dynamic U.S. Core Fund Institutional Service Class shares performance prior to inception (11/30/11) is based on performance of the Fund's Class R6 shares. Nationwide Schroders Global Equity Fund Institutional Service Class shares performance prior to inception (11/19/12) is based on performance of the Fund's Class R6 shares (which is based on performance of Class Y shares of the Fund's predecessor fund). Nationwide Invesco Core Plus Bond Fund Institutional Service Class shares performance prior to inception (4/24/13) is based on performance of the Fund's Class R6 shares (which is based on performance of the Fund's predecessor fund). Nationwide Bailard Cognitive Value Fund, Nationwide Bailard International Equities Fund, Nationwide Bailard Technology & Science Fund, Nationwide Geneva Mid Cap Growth Fund, Nationwide Geneva Small Cap Growth Fund, Nationwide Loomis Core Bond Fund, Nationwide NYSE Arca Tech 100 Index Fund, and Nationwide WCM Focused Small Cap Fund Institutional Service Class shares performance prior to inception (9/16/13) is based on performance of Fiduciary Class shares of each Fund's predecessor fund. Nationwide BNY Mellon Dynamic U.S. Equity Income Fund Institutional Service Class shares performance prior to inception (12/13/19) is based on performance of Shares of the Predecessor Fund.
NFW-8986AO.11

Class R6

Nationwide Schroders Global Equity Fund Class R6 shares performance prior to inception (11/19/12) is based on performance of Class Y shares of the Fund's predecessor fund. Nationwide Invesco Core Plus Bond Fund Class R6 shares performance prior to inception (4/22/13) is based on performance of the Fund's predecessor fund. Nationwide Bailard Cognitive Value Fund, Nationwide Bailard International Equities Fund, Nationwide Bailard Technology & Science Fund, Nationwide Geneva Mid Cap Growth Fund, Nationwide Geneva Small Cap Growth Fund, Nationwide Loomis Core Bond Fund, Nationwide NYSE Arca Tech 100 Index Fund, and Nationwide WCM Focused Small Cap Fund Class R6 shares performance prior to inception (9/18/13) is based on performance of the Fund's Institutional Service Class shares (which is based on performance of Fiduciary Class shares of the Fund's predecessor fund). Nationwide BNY Mellon Dynamic U.S. Equity Income Fund Class R6 shares performance prior to inception (12/13/19) is based on performance of Shares of the Predecessor Fund.
NFW-8985AO.9

Eagle Class

Nationwide Loomis All Cap Growth Fund Eagle Class shares performance prior to inception (6/27/18) is based on performance of the Fund's Institutional Service Class shares. Nationwide BNY Mellon Dynamic U.S. Core Fund Eagle Class shares performance prior to inception (9/28/18) is based on performance of the Fund's Institutional Service Class shares. Nationwide BNY Mellon Dynamic U.S. Equity Income Fund Eagle Class shares performance prior to inception (12/13/19) is based on performance of Shares of the Predecessor Fund.
NFW-8987AO.5

Class K

Nationwide BNY Mellon Dynamic U.S. Equity Income Fund Class K shares performance prior to inception (12/13/19) is based on performance of Shares of the Predecessor Fund.
NFW-8972AO.2

Morningstar Ratings disclosure

Morningstar Ratings reflect risk-adjusted performance. The Morningstar RatingTM is derived from a weighted average of the performance figures associated with the Fund's 3-, 5- and 10-year (if applicable) periods.

Morningstar Ratings metrics: Morningstar Ratings are based solely on a proprietary mathematical formula based on measures of risk and performance that it recalculates each month. The ratings formula measures the amount of variation in a fund's monthly performance (excluding the effects of sales charges and loads) emphasizing downward variations and rewarding consistency. Ratings are subject to change every month. The top 10% of funds in the category receive 5 stars; the next 22.5%, 4 stars; the next 35%, 3 stars; the next 22.5%, 2 stars; and the bottom 10%, 1 star.

Ratings are based on specific class performance of each fund. Current fund performance may be higher or lower, which may change a fund's star rating. Despite high ratings, funds may have experienced negative performance during the period. Performance may reflect a waiver of part of a fund's fees for certain periods since inception, without which returns would have been lower. The Morningstar Rating does not include any adjustment for sales loads.

© 2025 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
NFW-8989AO.3