About NWLSX
The Nationwide Destination 2035 Fund Institutional Service Class is a target-date mutual fund designed for investors planning to retire around the year 2035. As a fund of funds, it strategically invests in a diversified mix of underlying mutual funds and ETFs, providing exposure to domestic and international equities, fixed income, and cash equivalents. Its asset allocation shifts gradually, becoming more conservative as the target retirement year approaches, which aims to balance growth potential with risk management over time. The portfolio typically includes a significant proportion of U.S. large-cap stocks, intermediate-term bonds, international equities, and specialty holdings such as emerging markets and small-cap stocks. The fund’s multi-manager approach incorporates both passive and active strategies, focusing on expense management and ongoing rebalancing to maintain its intended risk profile. With a strong emphasis on diversification and dynamic allocation, this fund serves as an all-in-one retirement solution, helping investors streamline their investment planning as they near their retirement horizon. The Institutional Service Class of this fund is tailored for larger, often workplace-based investors, offering competitive fees and access to a broadly diversified retirement investment vehicle.
Fund Family Nationwide
Category Target-Date 2035
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol NWLSX
Share Class Institutional Service Class
Index S&P Target Date To 2035 TR
NWLSX had a total return of 10.93% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.19%.
