Barron’s recently named Nationwide among the top mutual fund families of 2014 in its Barron’s/Lipper Fund Family Rankings, which are highly anticipated each year by investors. In addition, Money magazine also placed four of Nationwide’s mutual funds in its list of top performers.
“This recognition shows that we’re delivering on our vision of seeking to be the best at helping America prepare for and live in retirement,” said Kirt Walker, president and chief operating officer of Nationwide Financial. “Mutual funds are a big area of growth for our industry and an area of opportunity for us as we focus on meeting the needs of our members and partners.”
Nationwide’s mutual funds surpassed $1 billion in retail sales last September — nearly doubling the total sales from just two years ago. As a result, Nationwide’s recent rankings include:
- No. 7 on Money magazine’s small-cap U.S. stock list1
- No. 10, 11 and 12 on Money’s target-date balanced funds list1
- No. 40 on the Barron’s/Lipper 10-year period list2
- No. 46 on the Barron’s/Lipper 5-year period list2
- No. 55 on the Barron’s/Lipper overall fund family list2
“Our achievements are possible because of the tremendous talent we have here at Nationwide,” said Mike Spangler, president of Nationwide’s mutual fund business. “Our teams collaborated across Nationwide and made significant contributions to achieve these rankings.”
For more information about Nationwide’s mutual funds please click here or follow @NationwideFunds on Twitter for market commentary, news and insights.
1 Money, January/February 2015
2 Barron’s, February 9, 2015
Investing in mutual funds involves risk, including the possible loss of principal. Share price, principal value and return will vary, and you may have a gain or loss when you sell your shares.
Nationwide Funds Group (NFG) comprises Nationwide Funds Advisors, Nationwide Fund Distributors LLC and Nationwide Fund Management LLC. Together they provide advisory, distribution and administration services, respectively, to Nationwide Funds. Nationwide Fund Advisors (NFA) is the investment adviser to Nationwide Funds.
Nationwide Funds distributed by Nationwide Fund Distributors LLC (NFD), member FINRA, King of Prussia, Pa. NFD is not affiliated with any subadviser contracted by Nationwide Fund Advisors (NFA), with the exception of Nationwide Asset Management, LLC (NWAM). NFD is not affiliated with Barron’s, Lipper or Money magazine.