M&A - NATIONWIDE VARIABLE ACCOUNT

Form Type: 497VPI

Filing Date: 2025-04-25

Corporate Action: Merger

Type: Update

Accession Number: 000119312525094809

Filing Summary: The document updates the initial summary prospectus for the Soloist Individual Deferred Variable Annuity Contracts issued by Nationwide Life Insurance Company. It provides information regarding the merger approved by the Board of Trustees of Fidelity Advisor Series I. The merger involves the Fidelity Advisor Equity Income Fund (the Target Fund) merging into the Fidelity Equity Dividend Income Fund (the Acquiring Fund) subject to shareholder approval, with the effective date set for June 6, 2025. Post-merger, the Target Fund will transfer substantially all its assets to the Acquiring Fund in exchange for shares, while the Acquiring Fund will assume all liabilities of the Target Fund. This merger will be reflected in the updated prospectus, including rebranding and updated management information for the Acquiring Fund. Shareholders are encouraged to read the updated summary prospectus for further information about the contract and its features, particularly regarding changes in fund expenses and performance metrics.

Form Type: 485BPOS

Filing Date: 2025-04-24

Corporate Action: Merger

Type: Update

Accession Number: 000119312525092275

Filing Summary: The document announces the merger of the Fidelity Advisor Equity Income Fund: Class M (the "Target Fund") with the Fidelity Equity Dividend Income Fund: Class M (the "Acquiring Fund"). The merger is subject to shareholder approval and is set to become effective on or about June 6th, 2025. Upon the effective date, the Target Fund will transfer all or substantially all of its assets to the Acquiring Fund in exchange for Acquiring Fund shares, and the Acquiring Fund will assume all liabilities of the Target Fund. The filing also includes updates to the prospectus and outlines changes in specific expenses and references to the funds affected by this merger.

Form Type: 497

Filing Date: 2025-02-12

Corporate Action: Merger

Type: Update

Accession Number: 000119312525024769

Filing Summary: This supplement updates information regarding the merger of the Fidelity Advisor Equity Income Fund: Class M and the Fidelity Equity Dividend Income Fund: Fidelity Advisor Equity Dividend Income Fund: Class M. The effective date of the merger has been changed from March 28, 2025, to June 6, 2025.

Form Type: 497VPI

Filing Date: 2025-02-12

Corporate Action: Merger

Type: Update

Accession Number: 000119312525024771

Filing Summary: This document serves as a supplement to the initial summary prospectus for the Soloist product. It updates important information regarding the merger of the Fidelity Advisor Equity Income Fund: Class M with the Fidelity Equity Dividend Income Fund: Class M. The effective date of the merger has been revised from March 28, 2025, to June 6, 2025. The document emphasizes the importance of reading and retaining the supplement for reference.

Form Type: 497

Filing Date: 2025-01-23

Corporate Action: Merger

Type: Update

Accession Number: 000119312525011129

Filing Summary: On January 23, 2025, Nationwide Variable Insurance Trust provided updates in a supplement to the statutory prospectus. Key points include the termination of Columbia Management Investment Advisor, LLC as the subadviser to the NVIT Columbia Overseas Value Fund, with Putnam Investment Management, LLC set to replace it effective January 31, 2025. Additionally, there will be a merger between the Nationwide Bond Fund – Institutional Service Class (the Target Fund) and the Nationwide Loomis Core Bond Fund – Eagle Class (the Acquiring Fund), effective February 14, 2025, which will involve the Target Fund transferring its assets to the Acquiring Fund. There was also mention of a pending merger between the Fidelity Advisor Equity Income Fund: Class M and the Fidelity Equity Dividend Income Fund, subject to shareholder approval, effective on or about March 28, 2025. These changes reflect significant shifts in subadvisers and fund mergers, impacting investor options and fund management strategies.

Form Type: 497VPI

Filing Date: 2025-01-23

Corporate Action: Merger

Type: Update

Accession Number: 000119312525011174

Filing Summary: On January 23, 2025, a supplement was issued to update the initial summary prospectus for the Nationwide Variable Insurance Trust. Key changes include the termination of Columbia Management Investment Advisor, LLC as subadviser to 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 between the Nationwide Bond Fund – Institutional Service Class (Target Fund) and the Nationwide Loomis Core Bond Fund – Eagle Class (Acquiring Fund), set to take effect on or about February 14, 2025. The Target Fund will no longer accept transfers or new purchases, and its assets will transfer to the Acquiring Fund, which will assume the liabilities of the Target Fund. Further changes are to be noted in the prospectus regarding the renamed investment options, effective December 31, 2024.