Columbus, OH - Nationwide continues to expand its global fixed-income options with the addition of another mutual fund that will offer investors an opportunity to diversify their portfolios through exposure to international markets. Standard Life Investments will subadvise the Nationwide Emerging Markets Debt Fund.

“We’re pleased to add Standard Life Investments to our strong lineup of subadvisers and the experience they bring in the underlying global fixed-income asset classes that comprise this Fund’s portfolio,” said Mike Spangler, president of Nationwide Funds. “Exposure to foreign markets may help improve portfolio performance in a rising rate environment, and low correlation between global and domestic fixed income provides investors with additional diversification.”

This is the latest global fixed-income fund offered by Nationwide, coming on the heels of two others that launched on Nov. 2 last year, the Nationwide Amundi Global High Yield Fund and the Nationwide Amundi Strategic Income Fund. Like Standard Life Investments, Amundi is also new to Nationwide’s subadviser lineup.

Standard Life Investments is a leading asset manager with an expanding global reach. Their wide range of investment solutions is backed by their distinctive “Focus on Change” investment philosophy, disciplined risk management and shared commitment to a culture of investment excellence. Standard Life Investments boasts the necessary people and resources to manage its global fixed-income assets that exceed $154 billion. Based in Edinburgh, Scotland, Standard Life Investments has offices throughout the world and manages more than $379.5 billion across a number of investment strategies.

The Nationwide Emerging Markets Debt Fund (Class A: NWXAX; Class C: NWXBX; Institutional: NWXCX; Institutional Service: NWXDX) will offer investors broad exposure to emerging markets debt. From hard currency to local currency and sovereign debt to corporates, the Fund has the flexibility to find the best relative value opportunities within the emerging debt markets. Standard Life will employ their strategy with a high conviction in country selection.

The investment objective of the fund is to deliver total return. Richard House will be the portfolio manager of the Fund.

“While headline-driven global events may tend to scare clients from international exposure, a home bias for domestic equities could increase risk in a portfolio,” said Spangler. “Advisors can help their clients diversify through global fixed-income investments that can help generate returns from markets beyond the U.S.”

A strategic partner to advisors, Nationwide provides a full family of subadvised mutual funds designed to help meet the unique investment goals and risk tolerances of investors. Nationwide currently manages 118 funds with approximately $58.5 billion in assets, excluding fund-of-funds, as of Dec. 31, 2015.

Investors interested in learning more about Nationwide’s mutual funds should contact their financial professional or visit website. Financial professionals interested in learning more should call the Nationwide Funds Group sales desk at 877-877-5083, option 3.