Nationwide Investor Destination’s target-risk series adds complexity to an otherwise industry-standard approach, while continued turnover drives concerns on whether the team can support the strategy consistently. The series receives a Morningstar Medalist Rating of Neutral across all shares for the Aggressive fund, while the remaining funds get Neutral for the cheapest shares, and Negative for the most expensive.
- NAV / 1-Day Return 9.67 / 0.21 %
- Total Assets 248.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.510%
- Distribution Fee Level Below Average
- Share Class Type Retirement, Large
- Category Moderately Conservative Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 2.13%
- Turnover 38%
Morningstar’s Analysis GMIMX
Will GMIMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 0
- Other Holdings 18
- % Assets in Top 10 Holdings 80.3