Mutual Fund Insights: Nationwide Destination 2050 R1 Fund (NWORX)

In-depth Analysis of Nationwide Destination 2050 R1 Fund (NWORX)

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See Nationwide Destination 2050 R1 Fund (NWORX) performance details as of January 31, 2010

  

Last Trade: $7.98 on 3/18/2010, Change: -0.02 (-0.25%)

  

Fund Manager - Thomas R. Hickey

Fund Manager Tenure: 2.6 years   [Similar Funds: NWOAX  NWOBX  NWOCX  NWOIX  NWOSX ]
Fundmojo Fund Grade: C (Score: 0.5)     (What does this score mean?)

Hickey joined NFA in April 2001 and is vice president of Portfolio Analytics and Product Management where he oversees various asset allocation and index mutual fund products.  Get more insights on Thomas R. Hickey

  

 What we like about Nationwide Destination 2050 R1 Fund (NWORX)

Data for Nationwide Destination 2050 R1 Fund (NWORX) as of January 31, 2010

• Nationwide Destination 2050 R1 Fund (NWORX) has an annual stock turnover rate of 21.10% vs Target Date 2050+ average of 56.14%. It is good that Nationwide Destination 2050 R1 management does not trade extensively for its return.

  

 What we are cautious about Nationwide Destination 2050 R1 Fund (NWORX)

Data for Nationwide Destination 2050 R1 Fund (NWORX) as of January 31, 2010

• Nationwide Destination 2050 R1 Fund (NWORX) management has been with Nationwide Destination 2050 R1 Fund for only 2.6 years, it is hard to judge manager's ability based on this fund's operation record
• Nationwide Destination 2050 R1 Fund is a focused fund with 99.85% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Nationwide Destination 2050 R1 Fund (NWORX) has a less-than-ideal short-term performance (1-year return 36.76% vs 37.82% Target Date 2050+ category average)
• Nationwide Destination 2050 R1 Fund (NWORX) ratio of up-years vs down years can be improved
• Nationwide Destination 2050 R1 Fund (NWORX) has a higher management fee of 1.50% than its Target Date 2050+ average of 0.62%
• Even though Nationwide Destination 2050 R1 Fund carries no load, it does have a 0.65% of 12b1 promotion, distributions, marketing expenses

See Nationwide Destination 2050 R1 Fund (NWORX) performance details as of January 31, 2010

  

  

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Nationwide Destination 2050 R1 Fund (NWORX) Net Asset

Track net asset change of Nationwide Destination 2050 R1 fund (NWORX)

Date	Net Asset
01/2010	$330.00K
11/2009	$400.00K
10/2009	$380.00K

More historic net asset information on Nationwide Destination 2050 R1 Fund (NWORX)

  

Nationwide Destination 2050 R1 Fund (NWORX) Portfolio Allocation

Track portfolio allocation change of Nationwide Destination 2050 R1 fund (NWORX)

Date	Cash	Stock	Bond	Other
10/2009	6.85%	85.49%	6.37%	1.3%
09/2009	7.1%	86.64%	4.98%	1.28%
08/2009	7.17%	87.7%	3.91%	1.22%

Click here to see more historic asset allocation information on Nationwide Destination 2050 R1 Fund (NWORX)

  

Most Recent Top 10 Holdings in Nationwide Destination 2050 R1 Fund (NWORX)

Discover what Nationwide Destination 2050 R1 Fund (NWORX) manager is buying

31-Oct-09 Nationwide S&P 500 Index Instl [32.72%] Nationwide International Index Instl [28.32%] Nationwide Mid Cap Market Index Instl [14.24%] Nationwide Small Cap Index Instl [12.8%] Credit Suisse Commodity Return Strat Com [6.12%] Nationwide Bond Index Instl [4.65%] Nationwide Money Market Instl [1.16%] N/A [0%] N/A [0%] N/A [0%]

30-Sep-09 Nationwide S&P 500 Index Instl [28.91%] Nationwide International Index Instl [25.11%] Nationwide Mid Cap Market Index Instl [12.92%] Nationwide Small Cap Index Instl [11.89%] Vanguard Emerging Markets Stock ETF [6.03%] Credit Suisse Commodity Return Strat Com [5.14%] Nationwide Bond Index Instl [4%] Vanguard REIT Index ETF [2.98%] SPDR Dow Jones Intl Real Estate [2.01%] Nationwide Money Market Instl [1%]

31-Aug-09 Nationwide S&P 500 Index Instl [28.79%] Nationwide International Index Instl [25.47%] Nationwide Mid Cap Market Index Instl [13.17%] Nationwide Small Cap Index Instl [12.06%] Vanguard Emerging Markets Stock ETF [5.86%] Credit Suisse Commodity Return Strat Com [4.56%] Nationwide Bond Index Instl [3.69%] Vanguard REIT Index ETF [3.42%] SPDR Dow Jones Intl Real Estate [2.09%] Nationwide Money Market Instl [0.9%]

Click here for Stock Holding Change Map in Nationwide Destination 2050 R1 Fund (NWORX)

  

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See more information on Nationwide Destination 2050 R1 Fund (NWORX)

• Nationwide Destination 2050 R1 Fund Insights
• Nationwide Destination 2050 R1 Fund Performance Data
• Nationwide Destination 2050 R1 Fund News
• Nationwide Destination 2050 R1 Fund Score Explaination
• Nationwide Destination 2050 R1 Fund Manager Information
• Historic Nationwide Destination 2050 R1 Fund Asset Allocation Report
• Historic Nationwide Destination 2050 R1 Fund Top 10 Holding Tracking
• Historic Nationwide Destination 2050 R1 Fund Asset Under Management Tracking