Nationwide Fund Advisors

Item 5 – Fees and Compensation

Nationwide Large Cap Growth Portfolio
NFA earns an annual management fee of up to 0.50% of the LCG Portfolio’s daily net assets, which is
deducted from the LCG Portfolio on a monthly basis. NFA negotiates at arm’s length the fees paid to
subadvisers, which NFA pays from the management fee it earns from the LCG Portfolio. The
management fee is in addition to any custodial, administrative, brokerage or transactional fees that
the LCG Portfolio may incur. Further information about brokerage and related transaction costs also
can be found under “Item 12-Brokerage Practices” beginning on page 28 of this Brochure. The
investment advisory contract between NFA and Nationwide Life with respect to the LCG Portfolio may
be terminated at any time, without a penalty, by Nationwide Life or NFA on 60 days’ written notice to
the other party.

Nationwide Collective Investment Trust
The investment advisory fees charged to the different series of NCIT vary by series, and currently range
between 0.09% and 0.37% annually of a series’ average daily net assets, deducted monthly or quarterly
in arrears. With respect to any series of NCIT, the investment advisory contract between NFA and GTC
may be terminated at any time, without a penalty, by GTC or NFA on 90 days’ written notice to the
other party. GTC hires NFA to assist it in selecting, monitoring, and overseeing subadvisers to
Subadvised Accounts, and pays such subadvisers directly. For series of NCIT that operate as Funds-of-
Funds, the investment advisory fees charged are in addition to investment advisory fees that one or
more investment advisers charge for managing the underlying portfolios in which such series invests.
The management fee is in addition to any custodial, administrative, brokerage or transactional fees
that NCIT may incur. Further information about brokerage and related transaction costs also can be
found under “Item 12-Brokerage Practices” beginning on page 28 of this Brochure.

Nationwide Funds
The investment advisory fees charged to the Nationwide Funds are disclosed in each such Fund’s
respective prospectus and statement of additional information, and currently range between 0.11%
and 0.95% annually of a Fund’s average daily net assets, deducted monthly in arrears. Many Funds are
subject to a stepped fee schedule that establishes breakpoints at various asset levels which, if reached,
cause the investment advisory fee to decrease. In addition, NFA may reduce the effective fee amount
payable by a Fund through voluntary or contractual fee waivers. NFA has entered into expense
limitation agreements with respect to certain Nationwide Funds pursuant to which it has agreed to
waive or limit its fees and to assume other expenses to the extent necessary to limit the total annual
operating expenses of such Funds. Such Nationwide Funds are authorized to reimburse NFA for
advisory fees previously waived and/or for expenses previously paid by NFA, provided however, that
any reimbursements must be paid at a date not more than three years after the date in which NFA
waived the fees or reimbursed the expenses and the reimbursements do not cause the Fund to exceed
the expense limitation that was in place at the time NFA waived the fees or reimbursed the expenses.
Additional information about any fee waiver or expense limitation agreements can be found in a
Fund’s statement of additional information. With respect to any Nationwide Fund, the investment
advisory contract may be terminated at any time, without penalty, by vote of a majority of the
outstanding shares of such Fund, by the Fund’s Board of Trustees, or by NFA, on not more than 60
days’ written notice.

For the Subadvised Funds, NFA negotiates at arm’s length the fees paid to subadvisers, which NFA pays
from the investment advisory fees it earns from the Funds. For the Funds-of-Funds, the investment
advisory fees charged are in addition to investment advisory fees NFA (or another investment adviser)
charges for managing the underlying mutual funds or exchange-traded funds (“ETFs”) in which a Fund-
of-Funds invests. In addition to investment advisory fees payable to NFA, the Nationwide Funds are
also subject to other fees and operating expenses for such non-investment advisory services such as
brokerage commissions, custody of assets, administration and transfer agency services, distribution of
Fund shares, etc. The Funds-of-Funds also bear a proportionate share of the fees and operating
expenses of each underlying fund in which the Funds-of-Funds invest, including investment advisory

fees, as mentioned above. More information about these other fees and expenses can be found in
each Fund’s prospectus and statement of additional information. Further information about brokerage
and related transaction costs also can be found under “Item 12-Brokerage Practices” beginning on
page 28 of this Brochure.

With respect to certain Funds-of-Funds that are marketed collectively as the “Nationwide Target
Destination Funds,” NFA charges a unified management fee of 0.13% of each such Fund’s average daily
net assets. Under the unified fee structure, NFA pays substantially all of the expenses of managing and
operating a Nationwide Target Destination Fund, except Rule 12b-1 fees, administrative services fees,
the cost of investment securities or other investment assets, taxes, interest, brokerage commissions,
short-sale dividend expenses, the cost of share certificates representing shares of such Funds,
compensation and expenses of non-interested Trustees and counsel to the non-interested Trustees,
and expenses incurred by a Nationwide Target Destination Fund in connection with any merger or
reorganization or any other expenses not incurred in the ordinary course of such Fund’s business. The
unified management fee paid to NFA does not include, and is in addition to, the indirect investment
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Item 7 – Types of Clients

NFA is an investment adviser to mutual funds that are registered as open-end management investment
companies under the 1940 Act specifically, the Nationwide Funds, and to insurance company separate
accounts and collective investment trusts that are exempt from registration pursuant to Section
3(c)(11) thereof.

NFA does not require any minimum asset value or account size for opening or maintaining Client
Accounts.