Supplement dated May 26, 2023
to the following statutory
prospectus(es):
Nationwide YourLife Protection VUL - New York, Nationwide YourLife
Accumulation VUL - New York, Nationwide YourLife Protection VUL, Marathon Performance VUL and Nationwide YourLife
Accumulation VUL prospectuses dated May 1, 2023
This supplement updates certain information contained in your statutory prospectus. Please read and retain
this supplement for future reference. |
1.
Effective July 26, 2023, the following Investment Portfolios are no longer available to
receive transfers or purchase payments.
•
Morgan Stanley Variable Insurance Fund, Inc. – Core Plus Fixed Income Portfolio: Class
I
•
Morgan Stanley Variable Insurance Fund, Inc. – Core Plus Fixed Income Portfolio: Class II
2.
At a meeting held on April 10, 2023 of the Board of Directors (the "Board") of Morgan Stanley
Variable Insurance Fund, Inc. (the "Fund"), the Board approved the liquidation (the "Liquidation") pursuant to which the Core Plus Fixed Income Portfolio (the "Portfolio") will be liquidated. The liquidation is expected to occur on or about July 28, 2023 (the
"Liquidation Date").
In anticipation of the Liquidation, the following changes apply to the contract:
•
Effective on or about the Liquidation Date, the Funds will no longer be available for
transfers or new purchase payments.
•
From the date of this supplement until the Liquidation Date, investors with allocations in the
Funds may transfer allocations to any other available investment option. During this period, any transfers from the Funds will not be treated as a transfer for purposes of transfer limitations that would otherwise be applicable.
•
On the Liquidation Date, any remaining assets of the Funds will be transferred to the
Nationwide Variable Insurance Trust – NVIT Government Money Market Fund: Class V.
•
After the Liquidation Date, any and all references to the Funds are deleted.