EX-99.28(D)(3)(T)(I) 2 d443858dex9928d3ti.htm EXHIBIT A - SUBADVISORY AGREEMENT EXHIBIT A - SUBADVISORY AGREEMENT

EX-28.d.3.t.i

EXHIBIT A

SUBADVISORY AGREEMENT

AMONG

NATIONWIDE VARIABLE INSURANCE TRUST,

NATIONWIDE FUND ADVISORS

AND JACOBS LEVY EQUITY MANAGEMENT, INC.

Effective September 13, 2019

Amended February 21, 2023*

 

Funds of the Trust

  

Subadvisory Fees

NVIT U.S. 130/30 Equity Fund   

0.50% on Aggregate Subadviser Assets† up to $200 million;

0.30% on Aggregate Subadviser Assets† of $200 million and more but less than $500 million; and

0.25% on Aggregate Subadviser Assets† $500 million and more.

NVIT Multi-Manager Small Cap Value Fund   

0.45% on Subadviser Assets up to $200 million; and

0.40% on Subadviser Assets of $200 million or more.

NVIT Jacobs Levy Large Cap Growth Fund   

0.50% on Aggregate Subadviser Assets† up to $200 million;

0.30% on Aggregate Subadviser Assets† of $200 million and more but less than $500 million; and

0.25% on Aggregate Subadviser Assets† of $500 million and more.

NVIT Jacobs Levy Large Cap Core Fund (formerly, NVIT Neuberger Berman Multi Cap Opportunities Fund)   

0.30% on Subadviser Assets up to $50 million;

0.25% on Subadviser Assets of $50 million and more but less than $100 million;

0.20% on Subadviser Assets of $100 million and more but less than $800 million; and

0.16% on Subadviser Assets of $800 million and more.

Subadviser Assets will be calculated separately for the NVIT Multi-Manager Small Cap Value Fund and the NVIT Jacobs Levy Large Cap Core Fund (formerly, NVIT Neuberger Berman Multi Cap Opportunities Fund).


The term “Aggregate Subadviser Assets” shall mean the aggregate amount resulting from the combination of Subadviser Assets of the NVIT U.S. 130/30 Equity Fund together with the Subadviser Assets of the NVIT Jacobs Levy Large Cap Growth Fund and the Subadviser Assets (as defined in a Subadvisory Agreement among Nationwide Mutual Funds, Nationwide Fund Advisors and Jacobs Levy Equity Management, Inc., dated July 21, 2022) of the Nationwide U.S. 130/30 Equity Portfolio, a series of Nationwide Mutual Funds.

 

*

As approved at the Board of Trustees Meeting held on December 6-7, 2022.

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IN WITNESS WHEREOF, the parties hereto have executed this Exhibit A on the effective date set forth above.

 

TRUST
NATIONWIDE VARIABLE INSURANCE TRUST
By:   /s/ Cristopher Graham
Name: Christopher Graham
Title: VP, Chief Investment Officer
ADVISER
NATIONWIDE FUND ADVISORS
By:   /s/ Cristopher Graham
Name: Christopher Graham
Title: VP, Chief Investment Officer
SUBADVISER
JACOBS LEVY EQUITY MANAGEMENT, INC.
By:   /s/ Kenneth N. Levy
Name: Kenneth N. Levy
Title: Vice President