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NATIONWIDE ASSET ALLOCATION TRUST
SUPPLEMENT DATED SEPTEMBER 1, 1999
TO
PROSPECTUS DATED MAY 1, 1999
Effective September 1, 1999, the investment advisory and fund administration
services previously performed for each of the Portfolios of Nationwide Asset
Allocation Trust by Nationwide Advisory Services, Inc. ("NAS") were transferred
to Villanova SA Capital Trust ("VSA"), an affiliate of NAS and an indirect
subsidiary of Nationwide Financial Services, Inc. The portfolio manager for each
of the Portfolios continues to manage the Portfolios after the transfer to VSA.
After the transfer, there was no change in the fees charged to each Portfolio
for investment advisory and fund administration services.
VSA was organized in 1999 and has its principal offices at Three Nationwide
Plaza, Columbus, Ohio 43215.
All references in the Prospectus to Nationwide Advisory Services, Inc. should be
changed to Villanova SA Capital Trust.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE
PROSPECTUS FOR FUTURE REFERENCE
