M&A - NATIONWIDE VARIABLE INSURANCE TRUST

Form Type: 497

Filing Date: 2025-04-01

Corporate Action: Acquisition

Type: Update

Accession Number: 000168035925000217

Filing Summary: The Board of Trustees of Nationwide Variable Insurance Trust approved an amendment to the subadvisory agreement with Victory Capital Management Inc. for the NVIT Amundi Multi Sector Bond Fund due to Victory Capital's acquisition of Amundi Asset Management US, Inc. This acquisition led to a change in control of Amundi, resulting in the termination of its subadvisory agreement with the Trust. The amendment includes changes in the Prospectus such as the replacement of Amundi with Victory Capital as the subadviser, along with updates to the portfolio management team that remains unchanged despite the acquisition. The detailed profiles and responsibilities of the portfolio managers have also been included, noting their tenure and association with Victory Capital and its predecessor firms.

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Form Type: 497

Filing Date: 2025-04-01

Corporate Action: Acquisition

Type: Update

Accession Number: 000168035925000219

Filing Summary: On December 11, 2024, the Board of Trustees of Nationwide Variable Insurance Trust approved an amendment to the subadvisory agreement for the NVIT Amundi Multi Sector Bond Fund following the acquisition of Amundi Asset Management US, Inc. by Victory Capital Management Inc. This acquisition resulted in a change of control that terminated Amundi's subadvisory agreement with the Trust. There were no changes to the Fund’s portfolio management team as a result of this acquisition. Relevant updates to the Statement of Additional Information (SAI) include the replacement of Amundi with Victory Capital as the subadviser, deletion of Amundi-related information in various sections, and the transfer of portfolio manager information from Amundi to Victory Capital.

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Form Type: 497K

Filing Date: 2025-04-01

Corporate Action: Acquisition

Type: Update

Accession Number: 000168035925000221

Filing Summary: On December 11, 2024, the Board of Trustees of Nationwide Variable Insurance Trust approved an amendment to the subadvisory agreement with Victory Capital Management Inc. for the NVIT Amundi Multi Sector Bond Fund due to the acquisition of Amundi Asset Management US, Inc. by Victory Capital. This acquisition resulted in a change of control over Amundi, causing the termination of Amundi’s subadvisory agreement with the Trust. However, there were no changes in the Fund’s portfolio management team. The Summary Prospectus has been amended to reflect these changes, specifically replacing Amundi with Victory Capital as the subadviser, and updating the details of the portfolio management team accordingly.

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