MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, June 18, 2007 Nationwide Readies Target-Date Funds Nationwide is the latest to hop on the target-date bandwagon. The mutual fund arm of the Columbus, Ohio-based Nationwide Financial communicated its intent to roll out nine target-date funds and a retirement income fund in an SEC filing last week. The funds will invest in underlying portfolios of Nationwide Funds and unaffiliated funds, including ETFs. Called Nationwide Destination, the target-date funds come with maturity dates set at five-year intervals from 2010 through 2050. Nationwide plans to offer six share classes: A, C, R1, R2, Institutional Service and Institutional. Printed from: MFWire.com/story.asp?s=14757 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |