<PAGE> 1
SUPPLEMENT DATED
MARCH 17, 1997
TO
PROSPECTUS DATED
FEBRUARY 28, 1997
FINANCIAL HORIZONS INVESTMENT TRUST
On March 11, 1997, Alpha Benson replaced J. Randall Baney as portfolio manager
of the Financial Horizons Investment Trust Municipal Bond Fund. On page 8 of
the prospectus, the paragraph entitled Municipal Bond Fund is hereby deleted in
its entirety and replaced by the following:
Municipal Bond Fund - Alpha Benson, Director, Municipal Securities.
Alpha received a Bachelor of Science in Accounting from Central State
University and a Masters of Business Administration from the University
of Dayton. She began managing the Municipal Bond Fund on March 11,
1997. Alpha also manages the Nationwide(R) Tax-Free Income Fund. She
has managed the Tax-Free Income Fund since its inception in March 1986.
CONTINUED ON OTHER SIDE
PLEASE KEEP THIS SUPPLEMENT WITH YOUR PROSPECTUS FOR FURTHER REFERENCE.
<PAGE> 2
SUPPLEMENT DATED
MARCH 17, 1997
TO
PROSPECTUS DATED
FEBRUARY 28, 1997
FINANCIAL HORIZONS INVESTMENT TRUST
On March 11, 1997, Kimberly Bingle and Gary Hunt joined Wayne Frisbee as
portfolio managers for the Financial Horizons Investment Trust Government Bond
Fund. On page 8 of the prospectus, the paragraph entitled Government Bond Fund,
is hereby deleted in its entirety and replaced by the following:
Government Bond Fund - Wayne T. Frisbee, Director Investments; Kimberly
Bingle, Senior Investments Manager, and Gary Hunt, Senior Investment
Analyst. Wayne received a Bachelor of Science from The Ohio State
University and is a Chartered Financial Analyst. He has managed the
Government Bond Fund since its inception in 1988. Kimberly received a
Bachelor of Arts in Finance from The Pennsylvania State University, is a
Chartered Financial Analyst, is a Fellow of the Life Management Institute,
and began managing the Government Bond Fund on March 11, 1997. From April
1992 to March 11, 1997, she managed the fixed income fund which is part of
the Nationwide Insurance Enterprise incentive savings plan. Prior to April
1992, Kimberly co-managed the Nationwide Foundation bond portfolio. Gary
received a Bachelor of Science in Finance and a Master of Business
Administration from The Ohio State University. He began managing the
Government Bond Fund on March 11, 1997. Since joining Nationwide in 1992,
Gary has been responsible for the analysis of agency CMOs and U.S. treasury
securities. In addition, Gary has managed the commercial mortgage-backed
securities sector for Nationwide Life Insurance Company and its affiliates.
PLEASE KEEP THIS SUPPLEMENT WITH YOUR PROSPECTUS FOR FURTHER REFERENCE.
