The recently assembled portfolio management team behind Nationwide’s Investor Destinations target-risk series has settled into its role. However, the strategy’s supporting cast continues to lack similar stability, and the series’ evolving line-up merits a watchful eye. The cheapest share classes across the series’ five funds receive a Morningstar Analyst Rating of Neutral, while the more expensive C shares and R shares (conservative and moderately aggressive funds) earn Negative.
Will NCDMX 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 NCDMX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the NCDMX 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 NCDMX’s parent organization’s priorities and whether they’re in line with investors’ interests.