Nationwide Variable Insurance Trust has made a notable update to its Summary Prospectus, effective immediately. The filing, dated October 29, 2026, indicates that all references to Keith P. Robinette, CFA, have been removed. This change is significant as it reflects a shift in management that could impact investor confidence and fund performance.

Nationwide Variable Insurance Trust is an investment entity incorporated in Delaware. The trust has undergone several name changes, previously known as Gartmore Variable Insurance Trust and Nationwide Separate Account Trust, among others. The trust is registered under the SEC file number 002-73024 and has a fiscal year ending on December 31.

The recent SEC filing, accession number 0002071844-26-001612, states, "Effective immediately, all references to, and information regarding, Keith P. Robinette, CFA in the Summary Prospectus are deleted in their entirety." This indicates a decisive move by the trust to refresh its leadership structure.

This update may affect current and potential investors who are assessing the trust's management team and their strategies. Investors often consider management changes as a critical factor in their investment decisions, and this could lead to a reassessment of the trust's offerings.

Details were not available in the SEC filing regarding what happens next for the trust or if there will be further announcements related to management changes.