-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Itd9y+/Gw1TyUneeo3wlxV9CBq3bfmwgRMeqrICW6JdSlwq/+6WCfKENJunryOBj 6r7DOYE+Fi6PvIUyDrieQA== 0000950152-99-005577.txt : 19990629 0000950152-99-005577.hdr.sgml : 19990629 ACCESSION NUMBER: 0000950152-99-005577 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONWIDE VLI SEPARATE ACCOUNT 2 CENTRAL INDEX KEY: 0000820914 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 314156830 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: SEC FILE NUMBER: 033-42180 FILM NUMBER: 99653826 BUSINESS ADDRESS: STREET 1: ONE NATIONWIDE PLZ STREET 2: C/O NATIONWIDE LIFE INSURANCE CO CITY: COLUMBUS STATE: OH ZIP: 43216 BUSINESS PHONE: 614-249-7111 MAIL ADDRESS: STREET 1: NATIONWIDE LIFE INSURANCE CO STREET 2: ONE NATIONWIDE PLAZA CITY: COLUMBUS STATE: OH ZIP: 43216 497 1 NATIONWIDE VLI SEPARATE ACCOUNT-2 497(D) 1 SUPPLEMENT DATED JULY 1, 1999 TO PROSPECTUS DATED MAY 1, 1999 FOR FLEXIBLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE POLICIES ISSUED BY NATIONWIDE LIFE INSURANCE COMPANY THROUGH ITS NATIONWIDE VLI SEPARATE ACCOUNT-2 THIS SUPPLEMENT UPDATES CERTAIN INFORMATION CONTAINED IN YOUR PROSPECTUS. PLEASE READ IT AND KEEP IT WITH YOUR PROSPECTUS FOR FUTURE REFERENCE. 1. INFORMATION FOR THE FOLLOWING UNDERLYING MUTUAL FUNDS CONTAINED IN THE "UNDERLYING MUTUAL FUND ANNUAL EXPENSES" TABLE LOCATED ON PAGES 7 THROUGH 8 OF YOUR PROSPECTUS, IS AMENDED AS FOLLOWS: UNDERLYING MUTUAL FUND ANNUAL EXPENSES (AS A PERCENTAGE OF UNDERLYING MUTUAL FUND AVERAGE NET ASSETS, AFTER EXPENSE REIMBURSEMENT)
- -------------------------------------------------------------------------------------------------------------------- Management Other 12b-1 Total Mutual Fees Expenses Fees Fund Expenses - -------------------------------------------------------------------------------------------------------------------- Morgan Stanley Dean Witter Universal Funds, Inc. - 0.27% 1.03% 0.00% 1.30% Emerging Markets Debt Portfolio - -------------------------------------------------------------------------------------------------------------------- NSAT Capital Appreciation Fund 0.58% 0.22% 0.00% 0.80% - -------------------------------------------------------------------------------------------------------------------- NSAT Government Bond Fund 0.44% 0.22% 0.00% 0.66% - -------------------------------------------------------------------------------------------------------------------- NSAT Money Market Fund 0.34% 0.21% 0.00% 0.55% - -------------------------------------------------------------------------------------------------------------------- NSAT Total Return Fund 0.57% 0.21% 0.00% 0.78% - -------------------------------------------------------------------------------------------------------------------- NSAT Nationwide Small Cap Value Fund 0.47% 0.58% 0.00% 1.05% - -------------------------------------------------------------------------------------------------------------------- NSAT Nationwide Small Company Fund 1.00% 0.25% 0.00% 1.25% - -------------------------------------------------------------------------------------------------------------------- Van Eck Worldwide Insurance Trust - Worldwide Emerging 0.69% 0.61% 0.00% 1.30% Markets Fund - -------------------------------------------------------------------------------------------------------------------- Van Kampen Life Investment Trust - Morgan Stanley Real 1.00% 0.08% 0.00% 1.08% Estate Securities Portfolio - --------------------------------------------------------------------------------------------------------------------
The expenses shown above are deducted by the underlying mutual fund before it provides Nationwide with the daily net asset value. Nationwide then deducts applicable variable account charges from the net asset value to calculate the unit value of the corresponding sub-account. The management fees and other expenses are more fully described in the prospectus for each underlying mutual fund. Information relating to the underlying mutual funds was provided by the underlying mutual funds and not independently verified by Nationwide. Some underlying mutual funds are subject to fee waivers and expense reimbursements. The following chart shows what the expenses would have been for such funds without fee waivers and expense reimbursements.
- -------------------------------------------------------------------------------------------------------------------- Management Other 12b-1 Total Mutual Fees Expenses Fees Fund Expenses - -------------------------------------------------------------------------------------------------------------------- Morgan Stanley Dean Witter Universal Funds, Inc. - 0.80% 1.25% 0.00% 2.05% Emerging Markets Debt Portfolio - -------------------------------------------------------------------------------------------------------------------- NSAT Capital Appreciation Fund 0.60% 0.22% 0.00% 0.82% - -------------------------------------------------------------------------------------------------------------------- NSAT Government Bond Fund 0.50% 0.22% 0.00% 0.72% - --------------------------------------------------------------------------------------------------------------------
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- -------------------------------------------------------------------------------------------------------------------- Management Other 12b-1 Total Mutual Fees Expenses Fees Fund Expenses - -------------------------------------------------------------------------------------------------------------------- NSAT Money Market Fund 0.40% 0.21% 0.00% 0.61% - -------------------------------------------------------------------------------------------------------------------- NSAT Total Return Fund 0.59% 0.21% 0.00% 0.80% - -------------------------------------------------------------------------------------------------------------------- NSAT Nationwide Small Cap Value Fund 0.90% 0.58% 0.00% 1.48% - -------------------------------------------------------------------------------------------------------------------- Van Eck Worldwide Insurance Trust - Worldwide Emerging 1.00% 0.61% 0.00% 1.61% Markets Fund - --------------------------------------------------------------------------------------------------------------------
2. THE FIRST PARAGRAPH OF THE "DOLLAR COST AVERAGING" PROVISION ON PAGE 22 OF YOUR PROSPECTUS IS AMENDED TO DELETE THE FOLLOWING SENTENCE: "Policy owners may participate in this program if their policy value is at least $15,000." 2 VLOB-21-11 -----END PRIVACY-ENHANCED MESSAGE-----