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NATIONWIDE FAMILY OF FUNDS
MORLEY CAPITAL ACCUMULATION FUND
Prospectus Supplement dated June 27, 2000
to Prospectus dated March 1, 2000
The disclosure on page 7 of the above noted prospectus is hereby amended to
reflect that:
Effective June 22, 2000, Thomas F. Mitchell is the sole manager of the Fund.
Mr. Mitchell, Senior Portfolio Manager of UBT, joined the firm in 1999. Prior to
becoming sole manager of the Fund, Mr. Mitchell was co-portfolio manager for the
Fund. He served in that capacity since February 1999 when the fund began
operations. Mr. Mitchell also currently manages the Morley Enhanced Income Fund.
Mr. Mitchell has over twenty years' experience with taxable and tax-exempt
securities. From 1978 to 1996, he managed investment portfolios for commercial
bank affiliates of First Interstate Bancorp. In 1997 and 1998, following First
Interstate's merger with Wells Fargo & Co., he was a fixed income trader with
Wells Fargo's Institutional Securities Sales and Trading Division.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE PROSPECTUS
FOR FUTURE REFERENCE.
