Supplement dated January 13, 2023
to the following initial summary prospectus(es):

Monument Advisor, Monument Advisor Select, Monument Advisor NY and Monument Advisor Select NY dated May 1, 2022 

This supplement updates certain information contained in your initial summary prospectus. Please read and

retain this supplement for future reference.

At a meeting of the Board of Trustees (the "Board") of Nationwide Variable Insurance Trust held on December 7, 2022, the Board approved the termination of Newton Investment Management Limited as the subadviser to the NVIT BNY Mellon Sustainable U.S. Equity Fund (the "Fund") and the appointment of Atlanta Capital Management Company, LLC as the Fund’s new subadviser. This change is anticipated to take effect on or about March 6, 2023 (the "Effective Date"). As a result of the change in subadvisor, the name of the Fund is changing to the NVIT Calvert Equity Fund.

As of the Effective Date the initial summary prospectus is amended as follows:

The names of the investment option(s) and subadvisor(s) are updated as indicated below: 

CURRENT INFORMATION	UPDATED INFORMATION
Nationwide Variable Insurance Trust – NVIT BNY Mellon Sustainable U.S. Equity Fund: Class I Investment Advisor: Nationwide Fund Advisors Investment Sub-Advisor: Newton Investment Management Limited	Nationwide Variable Insurance Trust – NVIT Calvert Equity Fund: Class I Investment Advisor: Nationwide Fund Advisors Investment Sub-Advisor: Atlanta Capital Management Company. LLC

All references to the Fund’s former name and Sub-Advisor are replaced accordingly.

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