NVIT Cardinal Capital Appreciation
Objective And StrategyObjective
The investment seeks growth of capital, but also seeks income consistent with a less aggressive level of risk as compared to other Cardinal Funds.
The fund is a fund of funds that invests primarily in affiliated mutual funds representing a variety of asset classes. It aims to provide diversification across traditional asset classes-U.S. stocks, international stocks, and bonds-by investing primarily in mutual funds offered by Nationwide Variable Insurance Trust. The fund allocates approximately 44% of its net assets in U.S. stocks, approximately 26% in international stocks and approximately 30% in bonds.