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NATIONWIDE SEPARATE ACCOUNT TRUST
Nationwide(R) Strategic Growth Fund
Nationwide(R) Strategic Value Fund
Nationwide(R) Mid Cap Index Fund
Nationwide(R) Small Cap Value Fund
Nationwide(R) Small Cap Growth Fund
Nationwide(R) Global 50 Fund
Nationwide(R) Equity Income Fund
Nationwide(R) Balanced Fund
Nationwide(R) Multi Sector Bond Fund
Nationwide(R) High Income Bond Fund
Prospectus Supplement dated June 27, 2000
to Prospectus dated May 1, 2000
The disclosure on page 38 of the above noted prospectus is hereby amended to
reflect that:
Effective June 12, 2000, David P. Gilmore replaced Steven J. Lehman as
co-manager of the Fund.
EQUITY INCOME FUND PORTFOLIO MANAGERS: Linda A. Duessel and David P. Gilmore are
primarily responsible for the day-to-day management of the Equity Income Funds'
portfolio. Ms. Duessel joined Federated Investors, Inc. in 1991 and has been a
Vice President of a subsidiary of the subadviser since 1995. From 1991 through
1995, Ms. Duessel was an Assistant Vice President of a subsidiary of the
subadviser. Mr. Gilmore joined Federated in August 1997 as an Investment
Analyst. He was promoted to Senior Investment Analyst in July 1999. From January
1992 to May 1995, Mr. Gilmore was a Senior Associate with Coopers & Lybrand.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE PROSPECTUS
FOR FUTURE REFERENCE.