Nationwide Mutual Funds
09/12/2024 | Press release | Distributed by Public on 09/12/2024 11:17
Summary Prospectus by Investment Company - Form 497K
Nationwide Global Sustainable Equity Fund
NATIONWIDE MUTUAL FUNDS
Nationwide Global Sustainable Equity Fund
Supplement dated September 12, 2024
to the Summary Prospectus dated February 28, 2024
Capitalized terms and certain other terms used in this supplement, unless otherwise defined in this supplement, have the meanings assigned to them in the Summary Prospectus.
Effective October 1, 2024:
| 1. |
The table under the heading "Fees and Expenses" on page 1 of the Summary Prospectus is hereby deleted and replaced with the following: |
|
Class A Shares |
Class R6 Shares |
Institutional Service Class Shares |
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|
Shareholder Fees (fees paid directly from your investment) |
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|
Maximum Sales Charge (Load) imposed on purchases (as a percentage of offering price) |
5.75 | % | None | None | ||||||||
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
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|
Management Fees(1) |
0.65 | % | 0.65 | % | 0.65 | % | ||||||
|
Distribution and/or Service (12b-1) Fees |
0.25 | % | None | None | ||||||||
|
Other Expenses |
0.24 | % | 0.14 | % | 0.30 | % | ||||||
|
Total Annual Fund Operating Expenses |
1.14 | % | 0.79 | % | 0.95 | % |
| (1) |
"Management Fees" has been restated to reflect the reduction of contractual investment advisory fees, effective October 1, 2024. |
| 2. |
The table under the heading "Example" on page 2 of the Summary Prospectus is hereby deleted and replaced with the following: |
| 1 Year | 3 Years | 5 Years | 10 Years | |||||||||||||
|
Class A Shares |
$ | 685 | $ | 916 | $ | 1,167 | $ | 1,881 | ||||||||
|
Class R6 Shares |
81 | 252 | 439 | 978 | ||||||||||||
|
Institutional Service Class Shares |
97 | 303 | 525 | 1,166 |
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE