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Morningstar

Nationwide Inv Dest Agrsv Svc NDASX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 8.83  /  0.23 %
  • Total Assets 884.8 Mil
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.910%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Allocation—85%+ Equity
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Status Open
  • TTM Yield 0.88%
  • Turnover 34%

USD | NAV as of Jan 25, 2023 | 1-Day Return as of Jan 25, 2023, 11:58 PM GMT+00:00

Morningstar’s Analysis NDASX

Will NDASX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NDASX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the NDASX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of NDASX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Continued team refinement and a riskier approach limit this series.

Analyst

Summary

| by Vedran Beogradlija

The Nationwide Investor Destinations target-risk series’ unstable supporting cast is concerning given its riskier positioning and complex underlying lineup. Most share classes receive Morningstar Analyst Ratings of Neutral, while the pricier C and R shares (moderately aggressive and conservative portfolios) are rated Negative.

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