NVIT Investor Destinations Capital Appreciation
Objective And StrategyObjective
Seeks growth of capital, but also seeks income consistent with a less aggressive level of risk as compared to other Investor Destination Funds.
The Fund invests primarily in affiliated mutual funds representing a variety of asset classes. The Fund aims to provide diversification across major asset classes - U.S. stocks, international stocks and bonds. Each Underlying Fund invests directly in equity or fixed-income securities, as appropriate to its investment objective and strategies. Many Underlying Funds are index funds, which means they seek to match the investment returns of specified stock or bond indices before the deduction of the Underlying Funds’ expenses. Fund pursues its objective for growth of capital, but also income, with a less aggressive level of risk by investing considerably in Underlying Funds that invest in equity securities, such as common stocks of U.S. and international companies, that the investment adviser believes offer opportunities for capital growth. It also invests to a lesser extent in Underlying Funds that invest in fixed-income securities in order to generate investment income. Consistent with this investment strategy, the Fund allocates approximately 45% of its net assets in U.S. stocks, approximately 25% in international stocks and approximately 30% in bonds.
- Fund Prospectus and Other Forms