The Nationwide International Index Fund Class R6 is a passively managed mutual fund designed to replicate the performance of the MSCI EAFE Index. This benchmark targets large- and mid-cap equities across 21 developed international markets, encompassing regions such as Europe, Australasia, and the Far East. The fund seeks to provide broad foreign developed-market exposure by investing at least 80% of its net assets in equity securities found in the MSCI EAFE Index, thereby ensuring its portfolio closely resembles its benchmark’s sector and geographic composition. Notable holdings include leading international firms across industries such as technology, healthcare, consumer defensive, energy, and consumer cyclical, highlighting its diversified approach. With a low expense ratio and relatively low turnover, the fund is tailored for long-term investors seeking cost-efficient access to international equities, often serving as a core international holding in diversified portfolios. Its focus on capital preservation and appreciation, alongside a broad representation of developed markets outside the United States and Canada, positions it as a significant vehicle for global equity diversification.
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