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The underlying funds listed below are only available as Advisory VUL 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.

Before investing in a Nationwide Advisory VUL 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 4 American Funds Insurance Series
NVIT S&P 500 Index Fund — Class Y Nationwide Variable Insurance Trust Funds
Vanguard VIF Equity Index Portfolio Vanguard Variable Insurance Fund
Vanguard VIF Total Stock Market Index Portfolio Vanguard Variable Insurance Fund

Large-cap growth

Investment option fund profile (PDF) Fund partner
Alger Capital Appreciation Portfolio — Class I-2 Shares Alger American Funds
American Funds Insurance Series(R) Growth Fund — Class 4 American Funds Insurance Series
Fidelity(R) VIP Contrafund(SM) Portfolio — Service Class 2 Fidelity Variable Insurance Products Fund II
Fidelity(R) VIP Growth Opportunities Portfolio — Service Class 2 Fidelity Variable Insurance Products Fund III
Fidelity(R) VIP Growth Portfolio — Service Class 2 Fidelity Variable Insurance Products Fund
Legg Mason Partners ClearBridge Variable Large Cap Growth Portfolio — Class I Legg Mason Partners Variable Equity Trust
NVIT Jacobs Levy Large Cap Growth Fund — Class I Nationwide Variable Insurance Trust Funds
Rydex VT NASDAQ-100(R) Fund Rydex Variable Trust
Rydex VT S&P 500 Pure Growth Fund Rydex Variable Trust
T. Rowe Price Blue Chip Growth Portfolio — Class II T. Rowe Price Equity Series, Inc.
Vanguard VIF Capital Growth Portfolio Vanguard Variable Insurance Fund
Vanguard VIF Growth Portfolio Vanguard Variable Insurance Fund

Large-cap value

Investment option fund profile (PDF) Fund partner
AB VPS Relative Value Portfolio — Class A AllianceBernstein Variable Products Series Fund, Inc.
American Funds Insurance Series(R) Washington Mutual Investors Fund — Class 4 American Funds Insurance Series
DFA Investment Dimensions Group — VA U.S. Large Value Portfolio DFA Investment Dimensions Group Inc.
Fidelity(R) VIP Value Strategies Portfolio — Service Class 2 Fidelity Variable Insurance Products Fund III
Invesco V.I. Diversified Dividend Fund — Series I Shares Invesco Variable Insurance Funds
NVIT BNY Mellon Dynamic U.S. Equity Income — Class X Nationwide Variable Insurance Trust Funds
Rydex VT S&P 500 Pure Value Fund Rydex Variable Trust
T. Rowe Price Equity Income Portfolio — Class II T. Rowe Price Equity Series, Inc.
Vanguard VIF Diversified Value Portfolio Vanguard Variable Insurance Fund
Vanguard VIF Equity Income Portfolio Vanguard Variable Insurance Fund

Mid cap stocks

Mid-cap blend

Investment option fund profile (PDF) Fund partner
Fidelity(R) VIP Mid Cap Portfolio — Service Class 2 Fidelity Variable Insurance Products Fund III
NVIT Mid Cap Index Fund — Class Y Nationwide Variable Insurance Trust Funds
Vanguard VIF Mid Cap Index Portfolio Vanguard Variable Insurance Fund

Mid-cap growth

Investment option fund profile (PDF) Fund partner
Janus Henderson VIT Enterprise Portfolio — Institutional Shares Janus Aspen Series
MFS(R) VIT Mid Cap Growth Series — Service Class MFS(R) Variable Insurance Trust
Rydex VT S&P MidCap 400 Pure Growth Fund Rydex Variable Trust
T. Rowe Price Mid-Cap Growth Portfolio — Class II T. Rowe Price Equity Series, Inc.

Mid-cap value

Investment option fund profile (PDF) Fund partner
Janus Henderson VIT Mid Cap Value Portfolio — Institutional Shares Janus Aspen Series
Pioneer Mid Cap Value VCT Portfolio — Class II Pioneer Variable Contracts Trust

Small cap stocks

Small-cap blend

Investment option fund profile (PDF) Fund partner
Fidelity(R) VIP Disciplined Small Cap Portfolio — Service Class 2 Fidelity Variable Insurance Products Fund
NVIT Small Cap Index Fund — Class Y Nationwide Variable Insurance Trust Funds
Royce Micro-Cap Portfolio — Investment Class Royce Capital Fund

Small-cap growth

Investment option fund profile (PDF) Fund partner
Legg Mason Partners ClearBridge Variable Small Cap Growth Portfolio — Class II Legg Mason Partners Variable Equity Trust
MFS(R) VIT New Discovery Series — Service Class MFS(R) Variable Insurance Trust
Rydex VT S&P SmallCap 600 Pure Growth Fund Rydex Variable Trust

Small-cap value

Investment option fund profile (PDF) Fund partner
AB VPS Discovery Value Portfolio — Class B AllianceBernstein Variable Products Series Fund, Inc.
DFA Investment Dimensions Group — VA U.S. Targeted Value Portfolio DFA Investment Dimensions Group Inc.
Guggenheim VF Small Cap Value Guggenheim Variable Funds
Rydex VT S&P MidCap 400 Pure Value Fund Rydex Variable Trust
Rydex VT S&P SmallCap 600 Pure Value Fund Rydex Variable Trust

International stocks

Emerging markets

Investment option fund profile (PDF) Fund partner
American Funds Insurance Series(R) New World Fund — Class 4 American Funds Insurance Series
NVIT Emerging Markets Fund — Class I Nationwide Variable Insurance Trust Funds

Foreign large blend

Investment option fund profile (PDF) Fund partner
First Eagle Overseas Variable Fund First Eagle Variable Funds
Janus Henderson VIT Overseas Portfolio — Service Shares Janus Aspen Series
NVIT International Equity Fund — Class I Nationwide Variable Insurance Trust Funds
NVIT International Index Fund — Class Y Nationwide Variable Insurance Trust Funds
Vanguard VIF Total International Stock Market Index Portfolio Vanguard Variable Insurance Fund

Foreign large growth

Investment option fund profile (PDF) Fund partner
American Funds Insurance Series(R) International Fund — Class 4 American Funds Insurance Series
Fidelity(R) VIP International Capital Appreciation Portfolio — Service Class 2 Fidelity Variable Insurance Products Fund
NVIT NS Partners International Focused Growth Fund: Class I Nationwide Variable Insurance Trust Funds
Vanguard VIF International Portfolio Vanguard Variable Insurance Fund

Foreign large value

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

Foreign small/mid blend

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

World stock

Investment option fund profile (PDF) Fund partner
American Funds Insurance Series(R) Global Small Cap Fund — Class 4 American Funds Insurance Series
DFA Investment Dimensions Group — VA Equity Allocation Portfolio — Institutional Class DFA Investment Dimensions Group Inc.
NVIT iShares Global Equity ETF Fund — Class Y Nationwide Variable Insurance Trust Funds

Bonds

Emerging markets bond

Investment option fund profile (PDF) Fund partner
PIMCO VIT Emerging Markets Bond Portfolio — Administrative Class PIMCO Variable Insurance Trust

Floating rate bond

Investment option fund profile (PDF) Fund partner
Fidelity(R) VIP Floating Rate High Income Portfolio — Initial Class Fidelity Variable Insurance Products Fund
Guggenheim VF Floating Rate Strategies Guggenheim Variable Funds

High yield bond

Investment option fund profile (PDF) Fund partner
BlackRock High Yield VI Fund — Class III BlackRock Variable Series Funds, Inc.
PIMCO VIT High Yield Portfolio — Administrative Class PIMCO Variable Insurance Trust
Rydex VT High Yield Strategy Fund Rydex Variable Trust
Vanguard VIF High Yield Bond Portfolio Vanguard Variable Insurance Fund

Inflation-protected bond

Investment option fund profile (PDF) Fund partner
DFA Investment Dimensions Group — VIT Inflation-Protected Securities Portfolio — Institutional Class DFA Investment Dimensions Group Inc.
PIMCO VIT Real Return Portfolio — Administrative Class PIMCO Variable Insurance Trust

Intermediate-term bond

Investment option fund profile (PDF) Fund partner
American Funds Insurance Series(R) The Bond Fund of America — Class 4 American Funds Insurance Series
BlackRock Total Return VI Fund — Class III BlackRock Variable Series Funds, Inc.
Fidelity(R) VIP Investment Grade Bond Portfolio — Service Class 2 Fidelity Variable Insurance Products Fund II
Guggenheim VF Total Return Bond Guggenheim Variable Funds
Invesco V.I. Core Plus Bond Fund — Series I Shares Invesco Variable Insurance Funds
Janus Henderson VIT Flexible Bond Portfolio — Service Shares Janus Aspen Series
NVIT BNY Mellon Core Plus Bond Fund — Class Y Nationwide Variable Insurance Trust Funds
NVIT Bond Index Fund — Class Y Nationwide Variable Insurance Trust Funds
NVIT DoubleLine Total Return Tactical Fund — Class Y Nationwide Variable Insurance Trust Funds
NVIT iShares Fixed Income ETF Fund — Class Y Nationwide Variable Insurance Trust Funds
PIMCO VIT Total Return Portfolio — Administrative Class PIMCO Variable Insurance Trust
Pioneer Bond VCT Portfolio — Class II Pioneer Variable Contracts Trust
Putnam VT Income Fund — Class IB Putnam Variable Trust
Vanguard VIF Total Bond Market Index Portfolio Vanguard Variable Insurance Fund

Multisector bond

Investment option fund profile (PDF) Fund partner
Fidelity(R) VIP Strategic Income Portfolio — Service Class 2 Fidelity Variable Insurance Products Fund
Lord Abbett Series Bond Debenture Portfolio — Class VC Lord Abbett Series Fund
PIMCO VIT Income Portfolio — Administrative Class PIMCO Variable Insurance Trust
Pioneer Strategic Income VCT Portfolio — Class II Pioneer Variable Contracts Trust

World bond

Investment option fund profile (PDF) Fund partner
DFA Investment Dimensions Group — VA Global Bond Portfolio DFA Investment Dimensions Group Inc.
PIMCO VIT Global Core Bond (Hedged) Portfolio — Administrative Class PIMCO Variable Insurance Trust
Templeton VIPT Global Bond VIP Fund — Class 2 Franklin Templeton Variable Insurance Products Trust
Vanguard VIF Global Bond Index Portfolio Vanguard Variable Insurance Fund

Short-term bonds

Short-term bond

Investment option fund profile (PDF) Fund partner
PIMCO VIT Low Duration Portfolio — Administrative Class PIMCO Variable Insurance Trust
Vanguard VIF Short-Term Investment-Grade Portfolio Vanguard Variable Insurance Fund

Ultrashort bond

Investment option fund profile (PDF) Fund partner
DFA Investment Dimensions Group — VA Short-Term Fixed Portfolio DFA Investment Dimensions Group Inc.
PIMCO VIT Short-Term Portfolio — Administrative Class PIMCO Variable Insurance Trust

Cash

Cash

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

Specialty

Commodities

Investment option fund profile (PDF) Fund partner
Advisors Preferred Trust — Gold Bullion Strategy Portfolio Advisors Preferred Trust
Credit Suisse Commodity Return Strategy Portfolio — Class 1 Credit Suisse Trust
Rydex VT Commodities Strategy Fund Rydex Variable Trust

Convertibles

Investment option fund profile (PDF) Fund partner
MainStay VP MacKay Convertible Portfolio — Service 2 Class Mainstay VP Funds Trust

Equity sector

Investment option fund profile (PDF) Fund partner
ALPS VIT ALPS/Alerian Energy Infrastructure Portfolio — Class III ALPS Variable Investment Trust
Columbia VP Seligman Global Technology — Class 2 Columbia Funds Variable Series Trust II
Fidelity(R) VIP Energy Portfolio — Service Class 2 Fidelity Variable Insurance Products Fund IV
MFS(R) VIT Utilities Series — Service Class MFS(R) Variable Insurance Trust
Morgan Stanley VIF Global Infrastructure Portfolio — Class II MORGAN STANLEY
Rydex VT Banking Fund Rydex Variable Trust
Rydex VT Biotechnology Fund Rydex Variable Trust
Rydex VT Electronics Fund Rydex Variable Trust
Rydex VT Energy Fund Rydex Variable Trust
Rydex VT Energy Services Fund Rydex Variable Trust
Rydex VT Financial Services Fund Rydex Variable Trust
Rydex VT Health Care Fund Rydex Variable Trust
Rydex VT Internet Fund Rydex Variable Trust
Rydex VT Leisure Fund Rydex Variable Trust
Rydex VT Precious Metals Fund Rydex Variable Trust
Rydex VT Retailing Fund Rydex Variable Trust
Rydex VT Technology Fund Rydex Variable Trust
Rydex VT Telecommunications Fund Rydex Variable Trust
Rydex VT Utilities Fund Rydex Variable Trust
T. Rowe Price Health Sciences Portfolio — Class II T. Rowe Price Equity Series, Inc.

Managed futures

Investment option fund profile (PDF) Fund partner
NVIT J.P. Morgan Mozaic(SM) Multi-Asset Fund — Class Y Nationwide Variable Insurance Trust Funds
Rydex VT Global Managed Futures Fund Rydex Variable Trust

Market neutral

Investment option fund profile (PDF) Fund partner
The Merger Fund VL — Class I The Merger Fund VL

Multialternative

Investment option fund profile (PDF) Fund partner
Rydex VT Multi-Hedge Strategies Fund Rydex Variable Trust

Natural resources

Investment option fund profile (PDF) Fund partner
Rydex VT Basic Materials Fund Rydex Variable Trust
VanEck VIP Global Resources Fund — Initial Class VanEck Variable Insurance Products Trust

Real estate

Investment option fund profile (PDF) Fund partner
Invesco V.I. Global Real Estate Fund — Series I Shares Invesco Variable Insurance Funds
Rydex VT Real Estate Fund Rydex Variable Trust
Vanguard VIF Real Estate Index Portfolio Vanguard Variable Insurance Fund
Virtus VIT Duff & Phelps Real Estate Securities Series — Class A Virtus Variable Insurance Trust

Specialty

Investment option fund profile (PDF) Fund partner
Rydex VT Transportation Fund Rydex Variable Trust

Asset allocation

Aggressive allocation

Investment option fund profile (PDF) Fund partner
Northern Lights VT TOPS Aggressive Growth ETF Portfolio — Class 1 Northern Lights Variable Trust
Northern Lights VT TOPS Growth ETF Portfolio — Class 1 Northern Lights Variable Trust

Conservative allocation

Investment option fund profile (PDF) Fund partner
Northern Lights VT TOPS Conservative ETF Portfolio — Class 1 Northern Lights Variable Trust
Vanguard VIF Conservative Allocation Portfolio Vanguard Variable Insurance Fund

Moderate allocation

Investment option fund profile (PDF) Fund partner
American Funds Insurance Series(R) Asset Allocation Fund — Class 4 American Funds Insurance Series
Fidelity(R) VIP Balanced Portfolio — Service Class 2 Fidelity Variable Insurance Products Fund III
Janus Henderson VIT Balanced Portfolio — Institutional Shares Janus Aspen Series
Northern Lights VT TOPS Balanced ETF Portfolio — Class 1 Northern Lights Variable Trust
Northern Lights VT TOPS Moderate Growth ETF Portfolio — Class 1 Northern Lights Variable Trust
Vanguard VIF Balanced Portfolio Vanguard Variable Insurance Fund
Vanguard VIF Moderate Allocation Portfolio Vanguard Variable Insurance Fund

Tactical allocation

Investment option fund profile (PDF) Fund partner
Federated Hermes Managed Volatility Fund II — Primary Shares Federated Hermes Insurance Series
PIMCO VIT All Asset Portfolio — Administrative Class PIMCO Variable Insurance Trust

World allocation

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