Nationwide S&P 500 Index Fund Institutional Service Class (GRISX)

The investment seeks to provide investment results that correspond to the price and yield performance of publicly traded common stocks, as represented by the Standard & Poor's 500® Index (S&P 500 Index). The fund employs a “passive” management approach, investing in a portfolio of assets whose performance the subadviser expects to match approximately the performance of the index. It invests at least 80% of its net assets in equity securities of companies included in the index. The index is composed of approximately 500 common stocks selected by Standard & Poor’s, most of which are listed on the New York Stock Exchange or NASDAQ.