Nationwide Government Money Market

Objective And Strategy

Objective
To provide current income as is consistent with preserving capital and maintaining liquidity.

Strategy
The fund seeks to preserve principal, maintain liquidity, and maximize yield. It is important to note that yield is only maximized after principal and liquidity are maintained. The subadvisor (Federated) manages portfolios with a conservative bias, eschewing speculative strategies and esoteric financial instruments. Instead, the Firm aims to achieve these goals by emphasizing stringent credit research and experienced portfolio management. The strategy is 50% Top-Down and 50% Bottom-Up.

Principal Risks

* Government money market funds: The Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund is open to all investors. Although The Fund seeks to preserve the value of the investment at $1.00 per share, it cannot guarantee it will do so. You could lose money by investing in the Fund. The Fund may impose a fee upon sale of shares or temporarily suspend the ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. The Fund may invest in shares of other government money market mutual funds, including those advised by the Fund's subadviser, to provide additional liquidity or to achieve higher yields. Please refer to the most recent prospectus for a more detailed description of the Fund's principal risks.