Investment objective & strategy
As of Feb. 19, 2026 · prospectusObjective. The Nationwide Schroders Global Equity Fund seeks to maximize total return, consisting of capital appreciation and current income.
Strategy. The Fund invests in equity securities of companies located throughout the world, including the United States. The Funds subadviser normally invests the Funds assets primarily in common stocks. The Fund typically invests in at least five countries including the United States. The Fund also may invest in emerging market countries. Emerging market countries typically are developing and low- or middle-income countries, and may be found in regions such as Asia, Latin America, Eastern Europe, the Middle East and Africa. Many of the securities in which the Fund invests are denominated in currencies other than the U.S. dollar. The Funds subadviser normally allocates the Funds investments across different countries and regions. The Fund nevertheless may have significant investments in one or … The Fund invests in equity securities of companies located throughout the world, including the United States. The Funds subadviser normally invests the Funds assets primarily in common stocks. The Fund typically invests in at least five countries including the United States. The Fund also may invest in emerging market countries. Emerging market countries typically are developing and low- or middle-income countries, and may be found in regions such as Asia, Latin America, Eastern Europe, the Middle East and Africa. Many of the securities in which the Fund invests are denominated in currencies other than the U.S. dollar. The Funds subadviser normally allocates the Funds investments across different countries and regions. The Fund nevertheless may have significant investments in one or more countries or particular sectors. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities at the time of investment. For these purposes, equity securities include common stocks and other securities that represent an ownership interest in the issuer. In selecting securities, the subadviser uses a fundamental, bottom-up approach that is based on earnings potential and market mispricings. Investment decisions are driven by deep fundamental and sustainability research. The subadviser seeks to identify companies that it believes will deliver strong forward earnings potential above the level expected by the market, i.e., stocks with positive growth gaps, which arise when company fundamentals diverge from market expectation due to: ? Overreaction to short-term news; ? Over-reliance on historical growth; and ? Failure to anticipate future earnings power. As part of its investment process, the subadviser may evaluate issues such as climate change, environmental performance, labor standards and corporate governance, among others, which they view as important in their assessment of an investments risk and potential for profitability. The subadviser may sell a stock if it identifies a more attractive investment opportunity. The subadviser also may sell a stock if it has reached a price target or if the subadviser has lost conviction in its original investment thesis.
Top holdings
As of April 30, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| ALPHABET INC CL A | — | $18.38M | 7.45% |
| NVIDIA CORP | — | $14.87M | 6.03% |
| MICROSOFT CORP | — | $9.26M | 3.76% |
| TSMC | — | $9.16M | 3.72% |
| APPLE INC | — | $8.28M | 3.36% |
| AMAZON.COM INC | — | $7.68M | 3.12% |
| BROADCOM INC | — | $7.45M | 3.02% |
| META PLATFORMS INC CL A | — | $4.96M | 2.01% |
| JPMORGAN CHASE and CO | — | $4.76M | 1.93% |
| ASML Holding NV | — | $4.33M | 1.75% |
Portfolio moves
Jan 31, 2026 → Apr 30, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| NYLI Global Equity R&D Leaders ETF · WRND | 43% | 0.18% |
| Reverb ETF · VOXP | 42% | 0.30% |
| Horizon Managed Risk ETF · SFTY | 42% | 0.77% |
Advisers
| Firm | Role |
|---|---|
| UBS Asset Management (Americas) LLC | Sub-adviser |
| Nationwide Fund Advisors | Adviser |
Footnotes
- Expense ratio as of February 21, 2023, from the fund's prospectus.
- Net assets and holdings count as of April 30, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2023, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2023 (the latest prospectus does not yet chart this year).
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