Nationwide Variable Insurance Trust has made a significant update by filing a supplement to its summary prospectus, which is now effective immediately. This change involves the removal of all references to Keith P. Robinette, CFA, from the document. Such adjustments are crucial for maintaining clarity and trust in communications with investors.

This filing, dated October 29, 2026, highlights the trust's commitment to providing accurate and up-to-date information regarding its management and investment strategies. The removal of Robinette's references may indicate changes in management or investment focus within the trust.

Background

Nationwide Variable Insurance Trust is an investment entity incorporated in Delaware. The trust operates under the Securities Act of 1933 and has a fiscal year ending on December 31. The trust has undergone various name changes in the past, including its former names, Gartmore Variable Insurance Trust and Nationwide Separate Account Trust.

What the Filing Says

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 statement underscores the trust's intention to ensure that its prospectus reflects the current management structure accurately.

Impact

This update may affect current and potential investors in the Nationwide Variable Insurance Trust, as they rely on accurate and timely information regarding the management of their investments. Additionally, this change may resonate within the investment management sector, prompting other firms to review their own prospectus disclosures.

What's Next

The filing does not say what happens next.