Supplement dated
January 19, 2024
to the following statutory prospectus(es):
Nationwide YourLife Protection VUL - New York, Nationwide YourLife Accumulation VUL - New York, Nationwide YourLife Survivorship VUL - New York, Nationwide YourLife Protection VUL - Nationwide Life and Annuity
Insurance Company, Marathon Performance VUL, Nationwide YourLife Accumulation VUL - Nationwide Life and Annuity Insurance Company and Nationwide YourLife Survivorship VUL dated May 1, 2023
This supplement updates certain information contained in your statutory prospectus. Please read and retain
this supplement for future reference. |
At a meeting of the Board of Trustees (the "Board") of Nationwide Variable
Insurance Trust (the "Trust") held on December 6, 2023, the Board approved the termination of American Century Investment Management, Inc. ("American Century") and Thompson, Siegel & Walmsley LLC ("TSW") as subadvisers to the NVIT Multi-Manager Mid Cap Value Fund (the
"Fund"). Victory Capital Management, Inc. ("Victory Capital"), via its Sycamore Capital investment franchise, will continue as the Fund’s sole subadviser. This change is
anticipated to take effect on or before February 26, 2024 (the "Effective Date").
As of the Effective Date the statutory prospectus is amended as follows:
The names of the investment option(s) and subadvisor(s) are updated as indicated
below:
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Nationwide Variable Insurance Trust – NVIT Multi-Manager
Mid Cap Value Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Victory Capital Management Inc. |
Nationwide Variable Insurance Trust - NVIT Victory Mid Cap
Value Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Victory Capital Management Inc. |
Nationwide Variable Insurance Trust - NVIT Multi-Manager
Mid Cap Value Fund: Class II
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Victory Capital Management Inc. |
Nationwide Variable Insurance Trust - NVIT Victory Mid Cap Value Fund: Class II Investment Advisor: Nationwide Fund Advisors Investment Sub-Advisor: Victory Capital Management Inc. |
All references to the Fund’s former name and Sub-Advisors are replaced accordingly.
At a meeting of the Board of Trustees (the "Board") of Nationwide Variable Insurance Trust
(the "Trust") held on December 6, 2023, the Board approved the termination of Wellington Management Company LLP ("Wellington Management") as a subadvisor to the NVIT Multi-Manager Small Cap Growth Fund (the "Fund"). Invesco Advisers, Inc.
("Invesco") will continue as the Fund’s sole subadviser. This change is anticipated to take effect on or before March 11, 2024 (the "Effective Date").
As of the Effective Date the statutory prospectus is amended as follows:
The names of the investment option(s) and subadvisor(s) are updated as indicated below:
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Nationwide Variable Insurance Trust – NVIT Multi-Manager
Small Cap Growth Fund: Class I
Investment Advisor: Nationwide Fund Advisors
Investment Sub-Advisor: Invesco Advisers, Inc. |
Nationwide Variable Insurance Trust - NVIT Invesco Small Cap Growth Fund: Class I Investment Advisor: Nationwide Fund Advisors Investment Sub-Advisor: Invesco Advisers, Inc. |
All references to the Fund’s former name and Sub-Advisor are replaced accordingly.