About NDAAX
The Nationwide Investor Destinations Aggressive Fund Class A is a mutual fund structured as a fund-of-funds, designed to pursue maximum total investment return by taking on an aggressive level of market risk. Its primary function is to provide a single, diversified investment option that allocates assets across a range of affiliated mutual funds representing various asset classes, including U.S. and international equities, fixed income, and emerging markets exposures. The fund predominantly emphasizes equities, particularly large cap, mid cap, and international stocks, while also maintaining smaller allocations to bonds and specialty ETFs. This diversified, risk-based asset allocation approach aims to balance growth potential with some degree of diversification, making it suitable for investors with a high risk tolerance and a long-term investment horizon. By pooling underlying funds, the Nationwide Investor Destinations Aggressive Fund plays a significant role in offering a streamlined, all-in-one solution for investors seeking broad market exposure and capital appreciation within a single portfolio choice.
Fund Family Nationwide
Category Mix Tgt All Agg Gr
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol NDAAX
Share Class Class A
Index Index is not available on Lipper Database
NDAAX had a total return of 16.89% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.99%.
