The underlying funds listed below are only available as investment options in variable insurance products issued by life insurance companies. They are not offered or made available directly to the public. These portfolios may contain different investments than the similarly named mutual funds offered by the money manager; therefore, investment results may differ. Fund holdings and investment strategies are subject to change. Investments in some funds may involve certain risks and may not be appropriate for all investors.

As situations change so will the corporation’s business and life insurance needs. Care should be taken to ensure these strategies and products are suitable for the corporation’s and the client’s long-term goals. Weigh the corporation’s objectives, time horizon and risk tolerance as well as any associated costs before investing. Also, be aware that market volatility can lead to the possibility of the need for additional premium in the policy. Variable life insurance has fees and charges associated with it, which include costs of insurance, underlying fund expenses and administration fees. Investing involves risk, including possible loss of principle.

Before investing in an underlying fund, you should carefully consider its investment objectives, risks, charges and expenses. This and other important information is contained in the fund's prospectus, which can be obtained from your investment professional or by contacting Nationwide. Please read the prospectus carefully before investing.

Fund profiles must be read together with these IMPORTANT DISCLOSURES. For a more complete picture of any fund, you should also consult a current performance report and prospectus. Profiles may not be available for every fund.

Large-cap stocks

Large-cap blend

Investment option fund profile (PDF)Fund partner
American Funds Insurance Series(R) Growth-Income Fund — Class 2American Funds Insurance Series
BNY Mellon Stock Index Fund, Inc. — Initial SharesBNY Mellon Investments
BNY Mellon VIF Appreciation Portfolio — Initial SharesBNY Mellon Variable Investment Fund
DFA Investment Dimensions Group — VA Equity Allocation Portfolio — Institutional ClassDFA Investment Dimensions Group Inc.
Fidelity(R) VIP Index 500 Portfolio — Initial ClassFidelity Variable Insurance Products Fund II
Fidelity(R) VIP Total Market Index Portfolio — Service ClassFidelity Variable Insurance Products Fund
Invesco Oppenheimer V.I. Main Street Fund — Series IInvesco Variable Insurance Funds
MFS(R) VIT II Blended Research(R) Core Equity Portfolio — Service ClassMFS(R) Variable Insurance Trust
Schwab(R) S&P 500 Index PortfolioSchwab Annuity Portfolios
Vanguard VIF — Total Stock Market Index PortfolioVanguard Variable Insurance Fund
Vanguard VIF Equity Index PortfolioVanguard Variable Insurance Fund

Large-cap growth

Investment option fund profile (PDF)Fund partner
American Funds Insurance Series(R) Growth Fund — Class 2American Funds Insurance Series
Fidelity(R) VIP Contrafund(SM) Portfolio — Service ClassFidelity Variable Insurance Products Fund II
Fidelity(R) VIP Growth Portfolio — Service ClassFidelity Variable Insurance Products Fund
Ivy VIP Growth — Class IIIvy Funds Variable Insurance Portfolios, Inc.
Morgan Stanley VIF Growth Portfolio — Class IMORGAN STANLEY
NVIT Jacobs Levy Large Cap Growth Fund — Class INationwide Variable Insurance Trust Funds
NVIT Newton Sustainable U.S. Equity Fund — Class INationwide Variable Insurance Trust Funds
T. Rowe Price Blue Chip Growth PortfolioT. Rowe Price Equity Series, Inc.
T. Rowe Price New America Growth PortfolioT. Rowe Price Equity Series, Inc.
Vanguard VIF Capital Growth PortfolioVanguard Variable Insurance Fund
Vanguard VIF Growth PortfolioVanguard Variable Insurance Fund

Large-cap value

Investment option fund profile (PDF)Fund partner
AB VPS Growth & Income Portfolio — Class AAllianceBernstein Variable Products Series Fund, Inc.
American Century VP Value Fund — Class IAmerican Century Variable Portfolios, Inc.
DFA Investment Dimensions Group — VA U.S. Large Value PortfolioDFA Investment Dimensions Group Inc.
Fidelity(R) VIP Equity-Income Portfolio(SM) — Service ClassFidelity Variable Insurance Products Fund
Invesco VI Growth and Income Fund — Series I SharesInvesco Variable Insurance Funds
MFS(R) VIT Value Series — Service ClassMFS(R) Variable Insurance Trust
NVIT Multi-Manager Large Cap Value Fund — Class INationwide Variable Insurance Trust Funds
T. Rowe Price Equity Income Portfolio — Class IIT. Rowe Price Equity Series, Inc.
Vanguard VIF Diversified Value PortfolioVanguard Variable Insurance Fund
Vanguard VIF Equity Income PortfolioVanguard Variable Insurance Fund

Mid-cap stocks

Mid-cap blend

Investment option fund profile (PDF)Fund partner
BNY Mellon IP MidCap Stock Portfolio — Initial SharesBNY Mellon Investment Portfolios
Fidelity(R) VIP Extended Market Index Portfolio — Service ClassFidelity Variable Insurance Products Fund
JPMorgan Insurance Trust Mid Cap Value Portfolio — Class 1JPMorgan Insurance Trust
NVIT Mid Cap Index Fund — Class INationwide Variable Insurance Trust Funds
Vanguard VIF Mid Cap Index PortfolioVanguard Variable Insurance Fund

Mid-cap growth

Investment option fund profile (PDF)Fund partner
Janus Henderson VIT Enterprise Portfolio — Service SharesJanus Aspen Series
MFS(R) VIT Mid Cap Growth Series — Service ClassMFS(R) Variable Insurance Trust
NVIT Wells Fargo Discovery Fund — Class INationwide Variable Insurance Trust Funds
Wells Fargo VT Discovery Fund — Class 2Wells Fargo Variable Trust

Mid-cap value

Investment option fund profile (PDF)Fund partner
AB VPS Small/Mid Cap Value Portfolio — Class AAllianceBernstein Variable Products Series Fund, Inc.
MFS(R) VIT III Mid Cap Value Portfolio — Service ClassMFS(R) Variable Insurance Trust
NVIT Multi-Manager Mid Cap Value Fund — Class INationwide Variable Insurance Trust Funds

Small-cap stocks

Small-cap blend

Investment option fund profile (PDF)Fund partner
BNY Mellon IP Small Cap Stock Index Portfolio — Service SharesBNY Mellon Investment Portfolios
Goldman Sachs VIT Small Cap Equity Insights Fund — Institutional SharesGoldman Sachs Variable Insurance Trust
Invesco Oppenheimer V.I. Main Street Small Cap Fund — Series IInvesco Variable Insurance Funds
JPMorgan Insurance Trust Small Cap Core Portfolio — Class 1JPMorgan Insurance Trust
NVIT Multi-Manager Small Company Fund — Class INationwide Variable Insurance Trust Funds
NVIT Small Cap Index Fund — Class YNationwide Variable Insurance Trust Funds

Small-cap growth

Investment option fund profile (PDF)Fund partner
Legg Mason Partners ClearBridge Variable Small Cap Growth Portfolio — Class ILegg Mason Partners Variable Equity Trust
MFS(R) VIT New Discovery Series — Service ClassMFS(R) Variable Insurance Trust
NVIT Multi-Manager Small Cap Growth Fund — Class INationwide Variable Insurance Trust Funds
Wells Fargo VT Small Cap Growth Fund — Class 2Wells Fargo Variable Trust

Small-cap value

Investment option fund profile (PDF)Fund partner
Delaware VIPT Small Cap Value — Service ClassDelaware VIP Trust
DFA Investment Dimensions Group — VA U.S. Targeted Value PortfolioDFA Investment Dimensions Group Inc.
Franklin VIPT Small Cap Value VIP Fund — Class 2Franklin Templeton Variable Insurance Products Trust
NVIT Multi-Manager Small Cap Value Fund — Class INationwide Variable Insurance Trust Funds

International stocks

Diversified emerging markets

Investment option fund profile (PDF)Fund partner
MFS(R) VIT II Emerging Markets Equity Portfolio — Initial ClassMFS(R) Variable Insurance Trust

Emerging markets

Investment option fund profile (PDF)Fund partner
American Funds Insurance Series(R) New World Fund — Class 2American Funds Insurance Series
Fidelity(R) VIP Emerging Markets Portfolio — Service ClassFidelity Variable Insurance Products Fund
Lazard Retirement Emerging Markets Equity Portfolio — Service SharesLazard

Foreign large blend

Investment option fund profile (PDF)Fund partner
Fidelity(R) VIP International Index Portfolio — Service ClassFidelity Variable Insurance Products Fund
MFS(R) VIT II International Intrinsic Value Portfolio — Service ClassMFS(R) Variable Insurance Trust
MFS(R) VIT II Research International Portfolio — Service ClassMFS(R) Variable Insurance Trust
NVIT International Equity Fund — Class INationwide Variable Insurance Trust Funds
NVIT International Index Fund — Class INationwide Variable Insurance Trust Funds
Vanguard VIF Total International Stock Market Index PortfolioVanguard Variable Insurance Fund

Foreign large growth

Investment option fund profile (PDF)Fund partner
American Funds Insurance Series(R) International Fund — Class 2American Funds Insurance Series
Invesco Oppenheimer V.I. International Growth Fund — Series IInvesco Variable Insurance Funds
Invesco VI International Growth Fund — Series I SharesInvesco Variable Insurance Funds
Vanguard VIF International PortfolioVanguard Variable Insurance Fund

Foreign large value

Investment option fund profile (PDF)Fund partner
AB VPS International Value Portfolio — Class AAllianceBernstein Variable Products Series Fund, Inc.
DFA Investment Dimensions Group — VA International Value PortfolioDFA Investment Dimensions Group Inc.
Templeton VIPT Foreign VIP Fund — Class 2Franklin Templeton Variable Insurance Products Trust

Foreign small/mid blend

Investment option fund profile (PDF)Fund partner
DFA Investment Dimensions Group — VA International Small PortfolioDFA Investment Dimensions Group Inc.

World stock

Investment option fund profile (PDF)Fund partner
American Funds Insurance Series(R) Global Small Cap Fund — Class 2American Funds Insurance Series
Franklin VIPT Mutual Global Discovery VIP Fund — Class 2Franklin Templeton Variable Insurance Products Trust
Invesco Oppenheimer V.I. Global Fund — Series IInvesco Variable Insurance Funds

Bonds

Emerging markets bond

Investment option fund profile (PDF)Fund partner
Morgan Stanley VIF Emerging Markets Debt Portfolio — Class IMORGAN STANLEY

Floating rate bond

Investment option fund profile (PDF)Fund partner
Eaton Vance VT Floating-Rate Income Fund — Initial ClassEaton Vance Variable Trust
MainStay VP Floating Rate Portfolio — Initial ClassMainstay Funds

High yield bond

Investment option fund profile (PDF)Fund partner
BlackRock High Yield VI Fund — Class IBlackRock Variable Series Funds, Inc.
Invesco VI High Yield Fund — Series I SharesInvesco Variable Insurance Funds
Lord Abbett Series Bond Debenture Portfolio — Class VCLord Abbett Series Fund
PIMCO VIT High Yield Portfolio — Administrative ClassPIMCO Variable Insurance Trust
Vanguard VIF High Yield Bond PortfolioVanguard Variable Insurance Fund

Inflation-protected bond

Investment option fund profile (PDF)Fund partner
American Century VP Inflation Protection Fund — Class IAmerican Century Variable Portfolios II, Inc.
DFA Investment Dimensions Group — VIT Inflation-Protected Securities Portfolio — Institutional ClassDFA Investment Dimensions Group Inc.
PIMCO VIT Real Return Portfolio — Administrative ClassPIMCO Variable Insurance Trust

Intermediate government bond

Investment option fund profile (PDF)Fund partner
Federated Hermes Fund for U.S. Government Securities IIFederated Hermes Insurance Series
NVIT Government Bond Fund — Class INationwide Variable Insurance Trust Funds

Intermediate-term bond

Investment option fund profile (PDF)Fund partner
Fidelity(R) VIP Bond Index Portfolio — Service ClassFidelity Variable Insurance Products Fund
Fidelity(R) VIP Investment Grade Bond Portfolio — Service ClassFidelity Variable Insurance Products Fund II
Lord Abbett Series Total Return Portfolio — Class VCLord Abbett Series Fund
MFS(R) VIT Total Return Bond Series — Service ClassMFS(R) Variable Insurance Trust
NVIT Bond Index Fund — Class INationwide Variable Insurance Trust Funds
PIMCO VIT Total Return Portfolio — Administrative ClassPIMCO Variable Insurance Trust
Vanguard VIF Total Bond Market Index PortfolioVanguard Variable Insurance Fund

Long government bond

Investment option fund profile (PDF)Fund partner
PIMCO VIT Long-Term U.S. Government Portfolio — Administrative ClassPIMCO Variable Insurance Trust

World bond

Investment option fund profile (PDF)Fund partner
American Funds Insurance Series(R) Capital World Bond Fund — Class 2American Funds Insurance Series
DFA Investment Dimensions Group — VA Global Bond PortfolioDFA Investment Dimensions Group Inc.
PIMCO VIT Global Bond Opportunities Portfolio (Unhedged) — Administrative ClassPIMCO Variable Insurance Trust
PIMCO VIT International Bond Portfolio (U.S. Dollar-Hedged) — Administrative ClassPIMCO Variable Insurance Trust
Templeton VIPT Global Bond VIP Fund — Class 1Franklin Templeton Variable Insurance Products Trust
Vanguard VIF Global Bond Index PortfolioVanguard Variable Insurance Fund

Short-term bonds

Investment option fund profile (PDF)Fund partner
Lord Abbett Series Short Duration Income Portfolio — Class VCLord Abbett Series Fund
NVIT Short Term Bond Fund — Class INationwide Variable Insurance Trust Funds
PIMCO VIT Low Duration Portfolio — Administrative ClassPIMCO Variable Insurance Trust
Vanguard VIF Short-Term Investment-Grade PortfolioVanguard Variable Insurance Fund

Ultrashort bond

Investment option fund profile (PDF)Fund partner
DFA Investment Dimensions Group — VA Short-Term Fixed PortfolioDFA Investment Dimensions Group Inc.

Cash

Investment option fund profile (PDF)Fund partner
NVIT Government Money Market Fund — Class VNationwide Variable Insurance Trust Funds

Specialty

Equity sector

Investment option fund profile (PDF)Fund partner
Ivy VIP Science and Technology — Class IIIvy Funds Variable Insurance Portfolios, Inc.
Janus Henderson VIT Global Technology and Innovation Portfolio — Service SharesJanus Aspen Series

Natural resources

Investment option fund profile (PDF)Fund partner
VanEck VIP Trust Global Hard Assets Fund — Initial ClassVanEck Variable Insurance Products Trust

Real estate

Investment option fund profile (PDF)Fund partner
Fidelity(R) VIP Real Estate Portfolio — Service ClassFidelity Variable Insurance Products Fund
Morgan Stanley VIF Global Real Estate Portfolio — Class IIMORGAN STANLEY
NVIT Real Estate Fund — Class INationwide Variable Insurance Trust Funds
Vanguard VIF Real Estate Index PortfolioVanguard Variable Insurance Fund
Virtus VIT Duff & Phelps Real Estate Securities Series — Class IVirtus Variable Insurance Trust

Asset allocation

Aggressive allocation

Investment option fund profile (PDF)Fund partner
NVIT Blueprint(SM) Aggressive Fund — Class INationwide Variable Insurance Trust Funds
NVIT Blueprint(SM) Moderately Aggressive Fund — Class INationwide Variable Insurance Trust Funds
NVIT Investor Destinations Aggressive Fund — Class IINationwide Variable Insurance Trust Funds
NVIT Investor Destinations Moderately Aggressive Fund — Class IINationwide Variable Insurance Trust Funds

Conservative allocation

Investment option fund profile (PDF)Fund partner
NVIT Blueprint(SM) Balanced Fund — Class INationwide Variable Insurance Trust Funds
NVIT Blueprint(SM) Conservative Fund — Class INationwide Variable Insurance Trust Funds
NVIT Blueprint(SM) Moderately Conservative Fund — Class INationwide Variable Insurance Trust Funds
NVIT Investor Destinations Moderately Conservative Fund — Class IINationwide Variable Insurance Trust Funds
NVIT Investor Destinations Conservative Fund — Class IINationwide Variable Insurance Trust Funds

Moderate allocation

Investment option fund profile (PDF)Fund partner
American Funds Insurance Series(R) Asset Allocation Fund — Class 2American Funds Insurance Series
Janus Henderson VIT Balanced Portfolio — Service SharesJanus Aspen Series
NVIT Blueprint(SM) Capital Appreciation Fund — Class INationwide Variable Insurance Trust Funds
NVIT Blueprint(SM) Moderate Fund — Class INationwide Variable Insurance Trust Funds
NVIT Investor Destinations Moderate Fund — Class IINationwide Variable Insurance Trust Funds
T. Rowe Price Moderate Allocation PortfolioT. Rowe Price Equity Series, Inc.
Vanguard VIF Balanced PortfolioVanguard Variable Insurance Fund

Tactical allocation

Investment option fund profile (PDF)Fund partner
NVIT J.P. Morgan Mozaic(SM) Multi-Asset Fund — Class YNationwide Variable Insurance Trust Funds
PIMCO VIT All Asset Portfolio — Administrative ClassPIMCO Variable Insurance Trust

Target date

Investment option fund profile (PDF)Fund partner
Fidelity(R) VIP Freedom Fund 2015 Portfolio(SM) — Service ClassFidelity Variable Insurance Products Fund
Fidelity(R) VIP Freedom Fund 2020 Portfolio(SM) — Service ClassFidelity Variable Insurance Products Fund IV
Fidelity(R) VIP Freedom Fund 2025 Portfolio(SM) — Service ClassFidelity Variable Insurance Products Fund
Fidelity(R) VIP Freedom Fund 2030 Portfolio(SM) — Service ClassFidelity Variable Insurance Products Fund IV
Fidelity(R) VIP Freedom Fund 2035 Portfolio(SM) — Service ClassFidelity Variable Insurance Products Fund
Fidelity(R) VIP Freedom Fund 2040 Portfolio(SM) — Service ClassFidelity Variable Insurance Products Fund
Fidelity(R) VIP Freedom Fund 2045 Portfolio(SM) — Service ClassFidelity Variable Insurance Products Fund
Fidelity(R) VIP Freedom Fund 2050 Portfolio(SM) — Service ClassFidelity Variable Insurance Products Fund
Fidelity(R) VIP Freedom Fund 2055 Portfolio(SM) — Service ClassFidelity Variable Insurance Products Fund
Fidelity(R) VIP Freedom Fund 2060 Portfolio(SM) — Service ClassFidelity Variable Insurance Products Fund

World allocation

Investment option fund profile (PDF)Fund partner
BlackRock Global Allocation VI Fund — Class IIBlackRock Variable Series Funds, Inc.
DFA Investment Dimensions Group — DFA VA Global Moderate Allocation Portfolio — Institutional ClassDFA Investment Dimensions Group Inc.