NVIT Cardinal Conservative
Objective And StrategyObjective
The investment seeks a high level of total return consistent with a conservative 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 and bonds-by investing primarily in mutual funds offered by Nationwide Variable Insurance Trust (each, an underlying fund or collectively, underlying funds). The fund allocates approximately 80% of its net assets in bonds, and approximately 20% in U.S. and international stocks.