M&A - JEFFERSON NATIONAL LIFE ANNUITY ACCOUNT G

Form Type: 497

Filing Date: 2025-01-23

Corporate Action: Merger

Type: Update

Accession Number: 000119312525011118

Filing Summary: This document serves as a supplement dated January 23, 2025, to statutory prospectuses including Monument Advisor and others dated May 1, 2024. Key updates include the termination of Columbia Management Investment Advisor, LLC as the subadviser to the NVIT Columbia Overseas Value Fund and the appointment of Putnam Investment Management, LLC, effective January 31, 2025. Additionally, it announces the merger of the NVIT BNY Mellon Core Plus Bond Fund: Class Y (Target Fund) into the NVIT Core Bond Fund: Class Y (Acquiring Fund), which will be renamed NVIT Loomis Core Bond Fund and become effective on or about February 28, 2025. The document also outlines changes to the prospectus and fees related to these funds, including the cessation of transfers and new purchases for the Target Fund post-merger. There are further changes to subadvisers for the NVIT Emerging Markets Fund, with FIAM LLC replacing NS Partners Ltd, effective March 3, 2025.

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Form Type: 497VPI

Filing Date: 2025-01-23

Corporate Action: Merger

Type: Update

Accession Number: 000119312525011153

Filing Summary: This document serves as a supplement to various summary prospectuses and updates important information regarding changes in investment advisories and mergers within the Nationwide Variable Insurance Trust. Notably, the Board of Trustees has approved the termination of Columbia Management Investment Advisor, LLC as the subadviser to the NVIT Columbia Overseas Value Fund, appointing Putnam Investment Management, LLC as the new subadviser effective around January 31, 2025. Additionally, a merger has been approved between the NVIT BNY Mellon Core Plus Bond Fund and the NVIT Core Bond Fund, with the merger effective on or about February 28, 2025. The Target Fund (BNY Mellon Core Plus Bond Fund) will no longer accept transfers or new purchase payments, and all assets from the Target Fund will be transferred to the Acquiring Fund (NVIT Core Bond Fund), which will take on all liabilities. Lastly, NS Partners Ltd will be replaced by FIAM LLC as the subadviser to the NVIT Emerging Markets Fund effective around March 3, 2025, with all references in the prospectus updated accordingly.

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Form Type: 497VPI

Filing Date: 2025-01-23

Corporate Action: Merger

Type: Update

Accession Number: 000119312525011154

Filing Summary: On January 23, 2025, a supplement was published to update the initial summary prospectus for Monument Advisor and related funds, detailing changes approved by the Board of Trustees of Nationwide Variable Insurance Trust. Key updates include the termination of Columbia Management Investment Advisor, LLC as the subadviser for the NVIT Columbia Overseas Value Fund, with Putnam Investment Management, LLC appointed as the new subadviser effective January 31, 2025. Additionally, a merger was approved on October 23, 2024, between the NVIT BNY Mellon Core Plus Bond Fund (the 'Target Fund') and NVIT Core Bond Fund (the 'Acquiring Fund'), effective February 28, 2025. As a result, the Target Fund will no longer accept transfers or new purchases and will transfer its assets to the Acquiring Fund, which will assume all liabilities. Further changes include the termination of NS Partners Ltd as the subadviser for the NVIT Emerging Markets Fund, with FIAM LLC appointed as of March 3, 2025. All updates amend the existing prospectus to reflect these changes, including the renaming of funds and subadvisers.

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