Nationwide Variable Insurance Trust has made a significant update to its Statement of Additional Information (SAI), effective October 28, 2026. The filing indicates that all references to Alessandro Pagani, CFA, have been deleted in their entirety from the document. This change is noteworthy as it reflects adjustments in the management and governance of the trust's funds.
Nationwide Variable Insurance Trust, incorporated in Delaware, operates as an investment entity. It has a fiscal year ending on December 31. The trust has undergone name changes in the past, including its previous names like Gartmore Variable Insurance Trust and Nationwide Separate Account Trust. The trust continues to manage various investment funds, including the NVIT Loomis Short Term High Yield Fund.
The recent filing, accession number 0002071844-26-001489, provides definitive materials filed under paragraph (A), (B), (C), (D), (E), or (F) of Securities Act Rule 497. The document emphasizes that the changes take effect immediately and are part of the ongoing efforts to keep the information current and relevant for investors.
This update may affect investors who are currently holding shares in the NVIT Loomis Short Term High Yield Fund and other funds managed by the trust. The removal of a key individual from the SAI could influence investor confidence and perceptions regarding the trust's management capabilities.
As for what’s next, the filing does not say what happens next. However, stakeholders may anticipate further updates or filings that could clarify the implications of this change on the trust's operations and strategies.
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