Form 497VPI Nationwide Variable Acco
Tweet
Share
E-mailSupplement dated May 29,
2025
to the following initial summary prospectus(es):
to the following initial summary prospectus(es):
Nationwide Advisory Retirement Income Annuity and Nationwide Advisory Retirement Income
Annuity - New York dated May 1, 2025
| This supplement updates certain information contained in your initial summary prospectus. Please read and
retain this supplement for future reference. |
1. The following underlying mutual fund is offered as an investment
option under the contract.
Effective June 18, 2025, the name of the investment option is updated as indicated below:
| CURRENT NAME |
UPDATED NAME |
| Nationwide Variable Insurance Trust - NVIT Calvert Equity Fund:
Class II |
Nationwide Variable Insurance Trust - NVIT GQG US Quality Equity Fund: Class II |
2. Effective on June 20, 2025, the following underlying mutual fund is added as an investment option under the contract.
•
Nationwide Variable Insurance Trust - NVIT Fidelity Institutional AM(R) Emerging Markets Fund:
Class I
Accordingly, Appendix is amended to add the following:
| Type |
Underlying Mutual Fund and Adviser/
Subadviser |
Current
Expenses |
Low Cost
Fund
Fee1 |
Current
Expenses +
Low Cost
Fund
Fee |
Average Annual
Total Returns
(as of 12/31/2024) | ||
| 1
year |
5
year |
10
year | |||||
| Equity |
Nationwide Variable Insurance Trust - NVIT Fidelity
Institutional AM® Emerging Markets Fund: Class
I Investment Advisor: Nationwide Fund Advisors Investment Sub-Advisor: FIAM LLC |
1.18%* |
0.00% |
1.18% |
6.28% |
-2.63% |
1.30% |
*
This underlying mutual fund’s current expenses reflect a temporary fee reduction.
1
Reflects the current Low Cost Fund Fee. The maximum Low Cost Fund Fee applicable for any
Sub-Account is 0.70%.
3. Effective June 20, 2025, the following underlying mutual fund is no longer available to receive transfers or purchase
payments.
•
Nationwide Variable Insurance Trust - NVIT Fidelity Institutional AM(R) Emerging Markets Fund:
Class II
ISP-0855
1
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Record date and payment date of Lassila & Tikanoja Plc’s second dividend instalment of EUR 0.21
- SHIRO & Co. Introduces Formal HOLD Supervisory State for Increasingly Autonomous AI Systems in Updated ‘The Supervisory Layer’ Framework
- Man Group PLC : Form 8.3 - Rotork Plc
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
