NVIT NASDAQ -100 Index Fund II

Objective And Strategy

Objective
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 NASDAQ-100 Index before the deduction of Fund expenses.

Strategy
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 NASDAQ-100 Index before the deduction of Fund expenses. This means that the Fund will buy or sell securities only when the Fund’s subadviser believes it necessary in order to match the performance of the NASDAQ-100 Index, and not based on its economic, financial or market analysis. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities of companies included in the NASDAQ-100 Index. The Fund does not necessarily invest in all of the securities included in the NASDAQ-100 Index, or in the same weightings. The subadviser chooses investments so that the market capitalizations, industry weightings and other fundamental characteristics of the securities chosen are similar to the NASDAQ 100 Index as a whole.

Principal Risks

N/A