Nationwide launching another global fixed-income mutual fund

Standard Life Investments latest to join Nationwide's lineup of subadvisers

Feb 29, 2016, 10:00 ET from Nationwide

COLUMBUS, Ohio, Feb. 29, 2016 /PRNewswire/ -- Nationwide continues to expand its global fixed-income options with the addition of another mutual fund that will offer investors an opportunity to diversify their portfolios through exposure to international markets. Standard Life Investments will subadvise the Nationwide Emerging Markets Debt Fund.

"We're pleased to add Standard Life Investments to our strong lineup of subadvisers and the experience they bring in the underlying global fixed-income asset classes that comprise this Fund's portfolio," said Mike Spangler, president of Nationwide Funds. "Exposure to foreign markets may help improve portfolio performance in a rising rate environment, and low correlation between global and domestic fixed income provides investors with additional diversification."

This is the latest global fixed-income fund offered by Nationwide, coming on the heels of two others that launched on Nov. 2 last year, the Nationwide Amundi Global High Yield Fund and the Nationwide Amundi Strategic Income Fund. Like Standard Life Investments, Amundi is also new to Nationwide's subadviser lineup.

Standard Life Investments is a leading asset manager with an expanding global reach. Their wide range of investment solutions is backed by their distinctive "Focus on Change" investment philosophy, disciplined risk management and shared commitment to a culture of investment excellence. Standard Life Investments boasts the necessary people and resources to manage its global fixed-income assets that exceed $154 billion. Based in Edinburgh, Scotland, Standard Life Investments has offices throughout the world and manages more than $379.5 billion across a number of investment strategies.

The Nationwide Emerging Markets Debt Fund (Class A: NWXAX; Class C: NWXBX; Institutional: NWXCX; Institutional Service: NWXDX) will offer investors broad exposure to emerging markets debt. From hard currency to local currency and sovereign debt to corporates, the Fund has the flexibility to find the best relative value opportunities within the emerging debt markets. Standard Life will employ their strategy with a high conviction in country selection.

The investment objective of the fund is to deliver total return. Richard House will be the portfolio manager of the Fund.

"While headline-driven global events may tend to scare clients from international exposure, a home bias for domestic equities could increase risk in a portfolio," said Spangler. "Advisors can help their clients diversify through global fixed-income investments that can help generate returns from markets beyond the U.S."

A strategic partner to advisors, Nationwide provides a full family of subadvised mutual funds designed to help meet the unique investment goals and risk tolerances of investors. Nationwide currently manages 118 funds with approximately $58.5 billion in assets, excluding fund-of-funds, as of Dec. 31, 2015.

Investors interested in learning more about Nationwide's mutual funds should contact their financial professional or visit website. Financial professionals interested in learning more should call the Nationwide Funds Group sales desk at 877-877-5083, option 3.

About Nationwide

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by both A.M. Best and Standard & Poor's. The company provides a full range of insurance and financial services, including auto, commercial, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; banking and mortgages; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For more information, visit www.nationwide.com.

Call 800-848-0920 to request a summary prospectus and/or a prospectus, or download prospectuses at nationwide.com/mutualfunds. These prospectuses outline investment objectives, risks, fees, charges and expenses, and other information that you should read and consider carefully before investing.

There is no assurance that the investment objective of any fund will be achieved.

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 a loss when you sell your shares. 

The Fund is subject to the risks of investing in fixed-income securities, including high-yield bonds (which are more volatile). These risks include default risk and interest rate risk (if interest rates go up, bond prices go down, and if interest rates go down, bond prices go up). The Fund may invest in sovereign debt (a governmental entity may delay or refuse to pay interest or repay principal). The Fund also is subject to the risks of investing in foreign securities (currency fluctuations, political risks, differences in accounting and limited availability of information, all of which are magnified in emerging markets). The Fund may concentrate on specific countries, subjecting them to greater volatility than that of other mutual funds. The Fund may invest in more-aggressive investments such as derivatives (many of which create investment leverage and illiquidity, and are highly volatile). The Fund is a nondiversified fund, which means that a relatively high percentage of the Fund's assets may be invested in a limited number of issuers. Please refer to the most recent prospectus for a more detailed explanation of the Fund's principal risks.

Investing involves risk, including the possible loss of principal.

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 Funds distributed by Nationwide Fund Distributors LLC (NFD), member FINRA, King of Prussia,Pa. NFD is not an affiliate of any subadviser contained in this material.

Nationwide, Nationwide is on your side and the Nationwide N and Eagle are service marks of Nationwide Mutual Insurance Company.

MFN-0161AO

Contact: 
Jeff Whetzel 
(614) 249-6354 
whetzej@nationwide.com

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SOURCE Nationwide



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