NVIT Multi-Manager International Growth Fund
Data updated: 2025-11-13
C000059807 — NVIT Multi-Manager International Growth Fund. Europe Multi-Cap / All-Cap Growth Equity. Holdings, fees, performance and SEC filings.
C000059807 Fund Overview
NVIT Multi-Manager International Growth Fund is a US mutual fund managed by Nationwide Variable Insurance Trust, categorised as Europe Multi-Cap / All-Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Nationwide Variable Insurance Trust
- Category: Europe Multi-Cap / All-Cap Growth Equity
- Assets under management: $194.33M
- SEC CIK: 0000353905
- SEC series ID: S000021034
- Share class ID: C000059807
C000059807 Investment Objective and Strategy
NVIT Multi-Manager International Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Nationwide Variable Insurance Trust.
Investment objective
The NVIT Multi-Manager International Growth Fund seeks long-term capital growth.
Principal investment strategy
Under normal conditions, the Fund invests at least 80% of its net assets in equity securities issued by companies that are located in, or that derive at least 50% of their earnings or revenues from, countries located around the world other than the United States. Some of these countries may be considered to be emerging market countries, which are typically developing and low- or middle-income countries, and may be found in regions such as Asia, Latin America, Eastern Europe, the Middle East and Africa. The Fund may invest in equity securities of companies of any market capitalization, including smaller companies. The Fund also may invest in currency futures and forward foreign currency exchange contracts (collectively, currency contracts), which are derivatives, in order to hedge against international currency exposure.
The Fund employs a growth style of investing, which means that it seeks companies whose earnings are expected to grow consistently faster than those of other companies. The Fund generally considers selling a security when it reaches a target price, fails to perform as expected, or when other opportunities appear more attractive. The Fund consists of two portions managed by different subadvisers acting independently with respect to the assets of the Fund they manage. Nationwide Fund Advisors (NFA) is the Funds investment adviser and, subject to the approval of the Board of Trustees of Nationwide Variable Insurance Trust (the Trust), selects the Funds subadvisers and monitors their performance on an ongoing basis. NFA also determines the amount of Fund assets to allocate to each subadviser. NFA has chosen the Funds current subadvisers because they approach investing in international growth securities in a different manner from each other.
For example, as of the date of this Prospectus, one subadviser selects investments on a security-by-security basis, focusing primarily on identifying issuers that it believes to have sustainable earnings growth, efficient capital allocation and attractive prices, while the other subadviser focuses on smaller companies in foreign developed and emerging market countries. In allocating assets between the subadvisers, NFA seeks to increase diversification among securities and investment styles in order to potentially increase the possibility for investment return and reduce risk and volatility.
C000059807 Holdings
Top 10 holdings of NVIT Multi-Manager International Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Sap SE | 4.73% |
| AstraZeneca plc | 4.27% |
| Schneider Electric SE | 3.15% |
| KBC Group NV | 2.96% |
| Sony Group Corp. | 2.89% |
| Hermes International SCA | 2.84% |
| Hannover Rueck SE | 2.82% |
| Lonza Group AG | 2.80% |
| Safran SA | 2.80% |
| ASML Holding NV | 2.68% |
C000059807 Portfolio Allocation
Asset-class allocation of NVIT Multi-Manager International Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.7% |
C000059807 Costs and Fees
C000059807 costs about $91 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.91%
- Gross expense ratio: 1.02%
- Portfolio turnover: 47%
- Brokerage commissions: 8.28 bps of average net assets (SEC N-CEN)
C000059807 Cashflows
Over the 12 months to 2025-09, NVIT Multi-Manager International Growth Fund had net outflows of $20.75M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-09 | −$839.49K |
| 2025-08 | −$2.08M |
| 2025-07 | −$5.11M |
| 2025-06 | −$2.01M |
| 2025-05 | −$2.33M |
| 2025-04 | −$1.83M |
C000059807 Debt Constituents
No individual debt constituents are reported in NVIT Multi-Manager International Growth Fund's latest SEC N-PORT filing.
C000059807 Prospectus and SEC Filings
Official NVIT Multi-Manager International Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-04-17
- Prospectus (485BPOS) — filed 2024-04-18
- Prospectus (485BPOS) — filed 2023-04-19
- Portfolio holdings (N-PORT) — filed 2025-11-13
- Portfolio holdings (N-PORT) — filed 2025-08-20
- Portfolio holdings (N-PORT) — filed 2025-05-16
- Annual census (N-CEN) — filed 2025-03-05
- Annual census (N-CEN) — filed 2024-02-29
Related Funds
Other Europe Multi-Cap / All-Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.