Nationwide Investor Destinations Fund Quote
| GCFRX Fund | USD 9.57 0.03 0.31% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Nationwide Investor is trading at 9.57 as of the 24th of April 2024; that is 0.31 percent increase since the beginning of the trading day. The fund's open price was 9.54. Nationwide Investor has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Nationwide Investor Destinations are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of January 2024 and ending today, the 24th of April 2024. Click here to learn more.
The fund is a fund of funds that invests primarily in affiliated mutual funds representing a variety of asset classes. The fund aims to provide diversification across major asset classes-U.S. stocks, international stocks, and bonds-by investing primarily in mutual funds offered by Nationwide Mutual Funds and affiliated or unaffiliated exchange-traded funds.. More on Nationwide Investor Destinations
Moving together with Nationwide Mutual Fund
| 0.82 | NADCX | Nationwide Investor | PairCorr |
| 0.74 | NADMX | Nationwide Investor | PairCorr |
| 0.81 | GGEAX | Nationwide Global Equity | PairCorr |
| 0.81 | GGEIX | Nationwide Global Equity | PairCorr |
| 0.62 | GGFRX | Nationwide Growth | PairCorr |
| 0.81 | GGESX | Nationwide Global Equity | PairCorr |
Nationwide Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nationwide Investor's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nationwide Investor or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Nationwide Funds, Large Blend Funds, Allocation--15% to 30% Equity Funds, Allocation--15% to 30% Equity, Nationwide (View all Sectors) |
| Update Date | 31st of March 2024 |
Nationwide Investor Destinations [GCFRX] is traded in USA and was established 24th of April 2024. Nationwide Investor is listed under Nationwide category by Fama And French industry classification. The fund is listed under Allocation--15% to 30% Equity category and is part of Nationwide family. This fund currently has accumulated 719.41 M in assets under management (AUM) with no minimum investment requirementsNationwide Investor is currently producing year-to-date (YTD) return of 0.62% with the current yeild of 0.03%, while the total return for the last 3 years was -1.58%.
Check Nationwide Investor Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nationwide Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nationwide Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nationwide Investor Destinations Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Nationwide Investor Destinations Mutual Fund Constituents
| GBXIX | Nationwide Bond Index | Mutual Fund | Intermediate Core Bond |
| GIXIX | Nationwide International Index | Mutual Fund | Foreign Large Blend |
| GMXIX | Nationwide Mid Cap | Mutual Fund | Mid-Cap Blend |
| GOVT | iShares Treasury Bond | Etf | Intermediate Government |
| GRMIX | Nationwide Sp 500 | Mutual Fund | Large Blend |
| IEF | iShares 7 10 Year | Etf | Long Government |
| IEMG | iShares Core MSCI | Etf | Diversified Emerging Mkts |
Nationwide Investor Target Price Odds Analysis
Based on a normal probability distribution, the odds of Nationwide Investor jumping above the current price in 90 days from now is more than 94.0%. The Nationwide Investor Destinations probability density function shows the probability of Nationwide Investor mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Nationwide Investor has a beta of 0.3632. This usually indicates as returns on the market go up, Nationwide Investor average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nationwide Investor Destinations will be expected to be much smaller as well. Additionally, nationwide Investor Destinations has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Nationwide Investor to move above the current price in 90 days from now is more than 94.0 (This Nationwide Investor Destinations probability density function shows the probability of Nationwide Mutual Fund to fall within a particular range of prices over 90 days) .
Nationwide Investor Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nationwide Investor market risk premium is the additional return an investor will receive from holding Nationwide Investor long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nationwide Investor. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nationwide Investor's alpha and beta are two of the key measurements used to evaluate Nationwide Investor's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2429 | |||
| Standard Deviation | 0.3326 | |||
| Variance | 0.1106 | |||
| Risk Adjusted Performance | (0.01) |
Nationwide Investor Against Markets
Picking the right benchmark for Nationwide Investor mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nationwide Investor mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nationwide Investor is critical whether you are bullish or bearish towards Nationwide Investor Destinations at a given time. Please also check how Nationwide Investor's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nationwide Investor without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Nationwide Mutual Fund?
Before investing in Nationwide Investor, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nationwide Investor. To buy Nationwide Investor fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nationwide Investor. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nationwide Investor fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nationwide Investor Destinations fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nationwide Investor Destinations fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Nationwide Investor Destinations, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Nationwide Investor Destinations?
The danger of trading Nationwide Investor Destinations is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nationwide Investor is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nationwide Investor. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nationwide Investor is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nationwide Investor Destinations. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.