<PAGE> 1
NATIONWIDE SELECT ADVISERS MID CAP FUND
SUPPLEMENT DATED JANUARY 27, 1999
TO
PROSPECTUS DATED MAY 1, 1998
Under the heading "Rice, Hall, James & Associates" on page 21 of the Prospectus,
the following changes have been made to the investment professionals responsible
for the day-to-day management of the portion of the Fund allocated to Rice,
Hall:
Samuel R. Trozzo's title has changed to Partner of Rice Hall.
Michelle P. Connell has been replaced by Douglas Sheres. Mr. Sheres is Partner
of Rice Hall with over five years investment experience. Prior to joining Rice,
Hall in March of 1998, he was an Institutional Sales professional with Merrill
Lynch in San Diego. Previously he was a Research Analyst with Pacific Asset
Management. He began his career as a demographics consultant with I Cubed
Information Strategies after graduating from the University of California San
Diego, with a B.A. in Psychology.
THIS SUPPLEMENT SHOULD BE RETAINED WITH THE
PROSPECTUS FOR FUTURE REFERENCE
