The investment seeks to provide current income consistent with capital preservation and, as a secondary investment objective, capital appreciation. The fund is a "fund of funds" that invests in affiliated and unaffiliated mutual funds representing a variety of asset classes. It invests in a professionally selected mix of different asset classes that is tailored for investors that have already retired. The fund allocates approximately 62% of its net assets in fixed-income securities (14% of which represents inflation-protected bonds), approximately 27% in stocks. It is non-diversified.
Thomas Hickey, Jr. (Started: Aug 29, 2007)
Nationwide Fund Advisors
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Nationwide, One Nationwide Plaza, King of Prussia, PA 19406, USA