Nationwide Allianzgi International Fund Quote
| NWAKX Fund | USD 20.23 0.08 0.40% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Nationwide Allianzgi is trading at 20.23 as of the 28th of November 2024; that is 0.40 percent increase since the beginning of the trading day. The fund's open price was 20.15. Nationwide Allianzgi 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 Allianzgi International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of June 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund seeks to achieve its investment objective by creating a diversified portfolio of non-U.S. equity securities. It normally invests in securities of issuers from several different countries, excluding the United States. Although the fund typically invests 80 percent or more of its assets in issuers that are economically tied to countries outside the United States, it also may invest up to 20 percent of its net assets in U.S. More on Nationwide Allianzgi International
Moving against Nationwide Mutual Fund
Nationwide Mutual Fund Highlights
| Fund Concentration | Nationwide Funds, Large Blend Funds, Foreign Large Blend Funds, Foreign Large Blend, Nationwide (View all Sectors) |
| Update Date | 30th of September 2024 |
Nationwide Allianzgi International [NWAKX] is traded in USA and was established 28th of November 2024. Nationwide Allianzgi is listed under Nationwide category by Fama And French industry classification. The fund is listed under Foreign Large Blend category and is part of Nationwide family. This fund now has accumulated 206.84 M in assets with no minimum investment requirementsNationwide Allianzgi is currently producing year-to-date (YTD) return of 5.64% with the current yeild of 0.04%, while the total return for the last 3 years was -9.04%.
Check Nationwide Allianzgi 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 Allianzgi International 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 Allianzgi International Mutual Fund Constituents
| ASML | ASML Holding NV | Stock | Information Technology | |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| FERG | Ferguson Plc | Stock | Industrials | |
| NETC | Nabors Energy Transition | Stock | Financials | |
| NN | Nextnav Acquisition Corp | Stock | Information Technology | |
| WIX | WixCom | Stock | Information Technology |
Nationwide Allianzgi Risk Profiles
| Mean Deviation | 0.7086 | |||
| Standard Deviation | 0.9249 | |||
| Variance | 0.8554 | |||
| Risk Adjusted Performance | (0.08) |
Nationwide Allianzgi Against Markets
Other Information on Investing in Nationwide Mutual Fund
Nationwide Allianzgi financial ratios help investors to determine whether Nationwide Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nationwide with respect to the benefits of owning Nationwide Allianzgi security.
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