About NWAYX
Nationwide GQG US Quality Equity Fund Eagle Class is a U.S. equity mutual fund designed to achieve long-term capital appreciation. The fund primarily invests at least 80% of its assets in equity securities of large-cap U.S. companies, but it may also allocate to foreign equities in both developed and emerging markets as opportunities arise. Its investment strategy is grounded in fundamental analysis, focusing on companies with strong financial strength, sustainable earnings growth, and high-quality management teams. The fund is classified as a large blend but tends to emphasize large growth characteristics, seeking businesses that combine quality with attractive future growth prospects.
Sector allocation is actively managed, with recent overweights in healthcare, consumer staples, and communication services, while underweighting information technology, financials, consumer discretionary, and energy. The portfolio is relatively concentrated, with a significant percentage of assets in its top ten holdings, which include leading firms across technology, healthcare, and consumer sectors. Managed by GQG Partners, the fund targets investors seeking exposure to high-quality U.S. equities with a disciplined risk-managed approach, aiming to deliver compelling returns over a full market cycle while managing downside risk.
Fund Family Nationwide
Category Large Blend
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol NWAYX
Share Class Eagle Class
Index S&P 500 TR
NWAYX had a total return of 3.20% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.76%.
