American Funds, Federated, Franklin Templeton Investments, Gartmore, Janus
investment options added to variable products
COLUMBUS, Ohio, April 27 /PRNewswire/ -- To ensure investment
professionals have the quality investment alternatives their clients may
need to help fund longer, more active retirement horizons, Nationwide
Financial Services, Inc. (NYSE: NFS), today announced it will enhance its
variable life and annuity products on May 1 with the addition of nine new
investment options and updates to its asset allocation models.
"We're focused on providing options that can help investment
professionals best meet their clients' portfolio diversification needs,"
said John Carter, president of Nationwide Financial Distributors, Inc. "For
more than 20 years we've partnered with some of the most respected money
managers in the business to develop comprehensive investment solutions, and
these additions to our fund lineup continue that tradition."
New investment options will include the following:
- American Funds GVIT Asset Allocation Fund
- American Funds GVIT Bond Fund
- American Funds GVIT Growth Fund
- American Funds GVIT Global Growth Fund
- Federated Market Opportunity Fund II
- FTVIP Franklin Income Securities Fund
- GVIT International Index Fund
- Janus Aspen Series: International Growth Portfolio
- Janus Aspen Series: Forty Portfolio
In response to feedback from investment professionals, Carter said
Nationwide will be offering the new investment options to both new and
established variable products.
"We're committed to simpler solutions for our business partners and
value their input," said Carter. "Adding these new investment options to
existing products offers clients portfolio diversification without
complication."
Carter added that Nationwide's investment research team constantly
monitors and evaluates their fund lineup, making adjustments as necessary
to ensure investment professionals have alternatives that may help achieve
investment objectives for clients.
In addition to adding new investment options, Nationwide is also
working with Ibbotson Associates Advisors, LLC to update its asset
allocation models with the addition of a short-term bond category.
"Providing comprehensive investment solutions requires an unwavering
focus on results, whether delivered through individual investment options
or packaged solutions," said Carter. "Refining our asset allocation models
is another way we can help address clients' needs based upon their
investment style."
Variable products are sold by prospectus. Potential clients may obtain
both the product prospectus and underlying fund prospectuses from their
investment professional or by writing to Nationwide Life Insurance Company,
P.O. Box 182150, Columbus, Ohio 43218-2150. Before investing, carefully
consider the fund's investment objectives, risks, charges and expenses. The
product prospectus and underlying fund prospectus contain this and other
important information. Read the prospectus carefully before investing or
sending money.
Nationwide variable annuity and variable life insurance products are
issued by Nationwide Life Insurance Company or Nationwide Life and Annuity
Insurance Company, Columbus, Ohio. Nationwide Life Insurance Company is a
subsidiary of Nationwide Financial Services, Inc. The general distributor
is Nationwide Investment Services Corporation, member NASD. In MI only:
Nationwide Investment Svcs. Corporation.
About Nationwide Financial
Nationwide Financial Services, Inc. (NYSE: NFS), a publicly traded
company based in Columbus, Ohio, provides a variety of financial services
that help consumers invest(i) and protect their long-term assets, and
offers retirement plans and services through both public- and
private-sector employers.
It's part of the Nationwide group of companies, which offers
diversified insurance and financial services. The group is led by
Nationwide Mutual Insurance Company, which is ranked No. 98 on the Fortune
500 based on 2005 revenue.(ii) For more information, visit
http://www.nationwide.com.
About Ibbotson Associates Advisors, LLC
Ibbotson Associates, LLC, is a leading authority on asset allocation,
providing products and services to help investment professionals obtain,
manage and retain assets. The company's business lines include investment
consulting and research; and investment advice through managed accounts.
The company markets its integrated product line to institutional money
managers, insurance companies, plan sponsors and consultants, financial
planners, brokers, mutual fund firms, hedge funds, banks and small money
managers. For more information, visit http://www.ibbotson.com.
Nationwide, Nationwide Financial and the Nationwide Framemark are
federally registered service marks of Nationwide Mutual Insurance Company.
Contacts: Jeff Whetzel, (614) 249-6354
whetzej@nationwide.com
Jeff Botti, (614) 249-6339
bottij@nationwide.com,
(i) Nationwide Investment Services Corporation, member NASD. In MI
only:
Nationwide Investment Svcs. Corporation.
(ii) Fortune Magazine, April 2006
SOURCE Nationwide Financial Services, Inc.
 back to top
Related links:
http://www.nationwide.com
http://www.ibbotson.com
CONTACT:
Jeff Whetzel, +1-614-249-6354, or
whetzej@nationwide.com, or Jeff Botti, +1-614-249-6339, or
bottij@nationwide.com, both of Nationwide Financial Services,
Inc.
|
