- What does NWKEX invest in?
- This fund aims to generate substantial capital growth over an extended period. Its primary investments are in U.S. small-capitalization company stocks that the subadviser identifies as having both favorable valuations and potential for increasing earnings. Typically, a minimum of 80% of the fund's total assets will be committed to equities of small-cap firms, defined as those with market capitalizations comparable to companies within the Russell 2000® Index. The fund also has the flexibility to allocate up to 20% of its net assets to international securities.
- What is the expense ratio of NWKEX?
- Nationwide WCM Focused Small Cap Fund Class R6 (NWKEX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is NWKEX?
- Nationwide WCM Focused Small Cap Fund Class R6 (NWKEX) manages $152.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is NWKEX actively managed or an index fund?
- NWKEX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (NWKEX's is 0.75%) because there's no security selection cost.
- When was NWKEX launched?
- Nationwide WCM Focused Small Cap Fund Class R6 (NWKEX) launched in September 2013 and is managed by the fund issuer.
- How has NWKEX performed?
- NWKEX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
