Longer retirement horizons fuel enhancements to investment options for Nationwide Financial®
American Funds, Federated, Franklin Templeton Investments, Gartmore, Janus investment options added to variable products
FOR IMMEDIATE RELEASE
April 27, 2006
Contacts:
Jeff Whetzel (614) 249-6354
Jeff Botti (614) 249-6339
COLUMBUS, Ohio — To ensure investment professionals have the quality investment alternatives their clients may need to help fund longer, more active retirement horizons, Nationwide Financial Services, Inc. (NYSE: NFS), today announced it will enhance its variable life and annuity products on May 1 with the addition of nine new investment options and updates to its asset allocation models.
“We’re focused on providing options that can help investment professionals best meet their clients’ portfolio diversification needs,” said John Carter, president of Nationwide Financial Distributors, Inc. “For more than 20 years we’ve partnered with some of the most respected money managers in the business to develop comprehensive investment solutions, and these additions to our fund lineup continue that tradition.”
New investment options will include the following:
- American Funds GVIT Asset Allocation Fund
- American Funds GVIT Bond Fund
- American Funds GVIT Growth Fund
- American Funds GVIT Global Growth Fund
- Federated Market Opportunity Fund II
- FTVIP Franklin Income Securities Fund
- GVIT International Index Fund
- Janus Aspen Series: International Growth Portfolio
- Janus Aspen Series: Forty Portfolio
In response to feedback from investment professionals, Carter said Nationwide will be offering the new investment options to both new and established variable products.
Investments Retirement Insurance nationwide.com One Nationwide Plaza Columbus, OH 43215-2220
“We’re committed to simpler solutions for our business partners and value their input,” said Carter. “Adding these new investment options to existing products offers clients portfolio diversification without complication.”
Carter added that Nationwide’s investment research team constantly monitors and evaluates their fund lineup, making adjustments as necessary to ensure investment professionals have alternatives that may help achieve investment objectives for clients.
In addition to adding new investment options, Nationwide is also working with Ibbotson Associates Advisors, LLC to update its asset allocation models with the addition of a short-term bond category.
“Providing comprehensive investment solutions requires an unwavering focus on results, whether delivered through individual investment options or packaged solutions,” said Carter. “Refining our asset allocation models is another way we can help address clients’ needs based upon their investment style.”
Variable products are sold by prospectus. Potential clients may obtain both the product prospectus and underlying fund prospectuses from their investment professional or by writing to Nationwide Life Insurance Company, P.O. Box 182150, Columbus, Ohio 43218-2150. Before investing, carefully consider the fund's investment objectives, risks, charges and expenses. The product prospectus and underlying fund prospectus contain this and other important information. Read the prospectus carefully before investing or sending money.
Nationwide variable annuity and variable life insurance products are issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Insurance Company, Columbus, Ohio. Nationwide Life Insurance Company is a subsidiary of Nationwide Financial Services, Inc. The general distributor is Nationwide Investment Services Corporation, member NASD. In MI only: Nationwide Investment Svcs. Corporation.
About Nationwide Financial
Nationwide Financial Services, Inc. (NYSE: NFS), a publicly traded company based in Columbus, Ohio, provides a variety of financial services that help consumers investi and protect their long-term assets, and offers retirement plans and services through both public- and private-sector employers.
It’s part of the Nationwide group of companies, which offers diversified insurance and financial services. The group is led by Nationwide Mutual Insurance Company, which is ranked No. 98 on the Fortune 500 based on 2005 revenue.ii For more information, visit www.nationwide.com.
About Ibbotson Associates Advisors, LLC
Ibbotson Associates, LLC, is a leading authority on asset allocation, providing products and services to help investment professionals obtain, manage and retain assets. The company’s business lines include investment consulting and research; and investment advice through managed accounts. The company markets its integrated product line to institutional money managers, insurance companies, plan sponsors and consultants, financial planners, brokers,
Investments Retirement Insurance nationwide.com
One Nationwide Plaza Columbus, OH 43215-2220
mutual fund firms, hedge funds, banks and small money managers. For more information, visit www.ibbotson.com.
Nationwide, Nationwide Financial and the Nationwide Framemark are federally registered service marks of Nationwide Mutual Insurance Company.
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i Nationwide Investment Services Corporation, member NASD. In MI only: Nationwide Investment Svcs. Corporation.
ii Fortune Magazine, April 2006
Investments Retirement Insurance nationwide.com
One Nationwide Plaza Columbus, OH 43215-2220
