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About Nationwide Retirement Institute
Overview
Objective
The Fund seeks to maximize total investment return for a conservative level of risk.
All-in-one investment option: Offers investors a diversified, risk-based asset allocation strategy with the simplicity of one fund choice.
Key features
- Broad diversification: Invests in a broad portfolio of funds across different asset classes, seeking to increase risk-adjusted returns
- Management expertise: Provides access to sophisticated managers chosen for their skill in their particular asset class
- Strategic allocation approach: Actively managed by Nationwide to include exposure to U.S. domestic equities, international equities and fixed income
Fund documentation
- Fact sheet (PDF): Share classes A, IS, and/or R6
- Quarterly investment commentary (PDF)
Additional resources
Visit the site where the prospectus, reports, and other regulatory documents are located.
Strategy overview
The Nationwide Investor Destinations Conservative Fund is a fund-of-funds that invests in a mix of domestic equity, international equity, and fixed-income asset classes. It seeks to maximize total investment return for a conservative level of risk and pursues its objective by seeking income and, secondarily, long-term growth of capital.
The Fund is designed for investors who have a low tolerance for risk and whose primary goal is income, or who have a short time horizon. It targets a 20% equity allocation.
Fund management
Portfolio management
Nationwide Fund Advisors
Since 1999, Nationwide Fund Advisors (NFA) has invested in public equity and fixed income markets around the globe. NFA's portfolio management team manages approximately $30 billion in assets across six different asset allocation series of funds. NFA determines the asset allocation for each Fund, selects the appropriate mix of underlying investments, places trades, and monitors the performance and positioning of the underlying investments.
Founded: 1999
Location: Columbus, OH
Management team
Christopher Graham
Portfolio Manager
Investing since: 2002
Fund tenure since: 2016
Education: MBA, University of Pennsylvania; BA, Hampton University
Fund tenure since: 2016
Education: MBA, University of Pennsylvania; BA, Hampton University
Keith P. Robinette, CFA
Portfolio Manager
Investing since: 2012
Fund tenure since: 2017
Education: MBA, University of Rochester; BA, Cedarville University
Fund tenure since: 2017
Education: MBA, University of Rochester; BA, Cedarville University
Andrew Urban, CFA
Portfolio Manager
Investing since: 2010
Fund tenure since: 2017
Education: BBA, Ohio University
Fund tenure since: 2017
Education: BBA, Ohio University
Underlying portfolio management subadvisers
BlackRock Investment Management, LLC; Goldman Sachs Asset Management, L.P.; Jacobs Levy Equity Management, Inc.; Loomis, Sayles & Company, L.P.; Los Angeles Capital Management LLC; Nationwide Asset Management, LLC; Neuberger Berman Investment Advisers LLC; Pioneer Investments
Performance
Average annual returns (as of )
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.
Calendar year returns (as of )
Growth of 10K (as of )
Fees, expenses and minimums
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 March 2, 2027.
The Nationwide Mutual Funds and NFA entered into a written contract limiting annual fund operating expenses to 0.25% until at least March 2, 2027. Under the agreement, the expense cap applies to all share classes (excluding 12b-1 fees). Please see the Fund's prospectus for more details.
Portfolio
Asset allocation (as of )
Percentage of net assets.
Top 10 holdingsNDCAX (as of )
| Holding name | Weight (%) |
|---|---|
| No holdings data available. | |
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 )
* 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.
Style details (as of )
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.
Fund risks
The Nationwide Investor Destinations 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 Investor Destinations Funds, each investor is indirectly paying a proportionate share of the applicable fees and expenses of the underlying funds.
Each 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, each Fund's underlying funds may be subject to specific investment risks, including but not limited to: stock market risk (equity securities); default risk and interest rate risk—if interest rates go up, bond prices go down, and if interest rates go down, bond prices go up (bonds); currency fluctuations, political risks, differences in accounting and limited availability of information (international securities); and derivatives risk (many derivatives create investment leverage and are highly volatile). Please refer to the most recent prospectus for a more detailed explanation of each Fund's principal risks.
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 or that a diversified portfolio will produce better results than a non-diversified portfolio. Diversification does not guarantee returns or insulate an investor from potential losses, including the possible loss of principal.
Distributions
Distribution information
Access important year-end information shareholders will need to prepare taxes.
[1] Bloomberg US Aggregate Bond Index: An unmanaged, market value-weighted index of U.S. dollar-denominated, investment-grade, fixed-rate, taxable debt issues, which includes Treasuries, government-related and corporate securities, mortgage-backed securities (agency fixed-rate and hybrid adjustable-rate mortgage pass-throughs), asset-backed securities and commercial mortgage-backed securities (agency and non-agency). Bloomberg® and its indexes are service marks of Bloomberg Finance L.P. and its affiliates including Bloomberg Index Services Limited, the administrator of the index, and have been licensed for use for certain purposes by Nationwide. Bloomberg is not affiliated with Nationwide, and Bloomberg does not approve, endorse, review or recommend this product. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any date or information relating to this product.
Nationwide Fund Advisors (NFA), the Funds' investment adviser, makes both the asset allocation and underlying fund selection decisions for the Funds. Nationwide Asset Management, LLC (NWAM) serves as the subadviser to certain Nationwide Funds. NWAM is a registered investment adviser and wholly owned subsidiary of Nationwide Mutual Insurance Company, and therefore is affiliated with NFA.
iShares® is a registered trademark of BlackRock, Inc. or its subsidiaries ("BlackRock"). Neither BlackRock nor the iShares® Funds make any representations regarding the advisability of investing in this Fund.
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Connect with a Nationwide Funds wholesaler or key accounts representativeRead 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.
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.
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.
© 2026 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.