The management team at the helm of Nationwide’s Investor Destinations five target-risk funds has stabilized, but the series’ lineup of underlying funds does not stand out. The cheaper share classes across the series’ five funds retain a Morningstar Analyst Rating of Neutral, while the most expensive C share class receives a Negative for all but the moderate fund.
Will NADMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NADMX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the NADMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of NADMX’s parent organization’s priorities and whether they’re in line with investors’ interests.