Nationwide Variable Insurance Trust has made a significant update to its Summary Prospectus, effective immediately as of October 29, 2026. The filing, which is categorized under the Securities Act Rule 497(k), indicates that all references to Keith P. Robinette, CFA, have been removed from the document. This change could suggest a shift in management or investment strategy for the firm.

Nationwide Variable Insurance Trust, incorporated in Delaware, is classified under the investment entity type. The firm operates from Columbus, Ohio, and has undergone several name changes in the past, with its most recent name change occurring in 2002 when it transitioned from Gartmore Variable Insurance Trust.

The filing 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 streamline its management information and possibly reflect a new direction.

This update may affect current and prospective investors who rely on the Summary Prospectus for information on fund management and investment strategies. The removal of a key figure like Robinette could lead to changes in investor confidence and perceptions of the trust's future performance.

The filing does not specify what actions will follow this update, leaving investors to speculate on the implications of this management change.