Investment objective & strategy
As of April 17, 2025 · prospectusObjective. The NVIT J.P. Morgan Digital Evolution Strategy Fund (the Fund) seeks long-term capital appreciation.
Strategy. The Fund aims to achieve capital appreciation by investing in equity securities of companies whose strategies may benefit from the development of technology-related products, services and processes that enhance mobility and connectivity. The Fund concentrates at least 25% of its total assets in at least one of the following technology industries or any combination thereof: semiconductor, semiconductor equipment, hardware, software, information technology services, communications equipment, social media, biotechnology and interactive media. In managing the Fund, the subadviser employs a research-driven approach to identify a portfolio of companies well positioned to capitalize on structural shifts across technology sector industries. In selecting stocks, the subadviser seeks companies that it believes meet several of the following criteria: ? attractive market opportunity ? increasing … The Fund aims to achieve capital appreciation by investing in equity securities of companies whose strategies may benefit from the development of technology-related products, services and processes that enhance mobility and connectivity. The Fund concentrates at least 25% of its total assets in at least one of the following technology industries or any combination thereof: semiconductor, semiconductor equipment, hardware, software, information technology services, communications equipment, social media, biotechnology and interactive media. In managing the Fund, the subadviser employs a research-driven approach to identify a portfolio of companies well positioned to capitalize on structural shifts across technology sector industries. In selecting stocks, the subadviser seeks companies that it believes meet several of the following criteria: ? attractive market opportunity ? increasing market share ? improving profitability over time; and ? attractive expected returns driven by earnings and capital return. The Fund also may invest in securities of foreign companies that are denominated in U.S. dollars. The Fund may invest in stocks of companies of any market capitalization, including small-cap and mid-cap companies, although it typically invests considerably in large-cap and mid-cap companies. Many, if not most, of the securities in which the Fund invests may be considered to be growth stocks, in that they may have above-average rates of earnings growth and thus may experience above-average increases in stock prices. The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, which means that a relatively high percentage of the Funds assets may be invested in a limited number of issuers. The Funds subadviser may sell a security for several reasons. A security may be sold due to a change in the original investment thesis, if market expectations exceed the companys potential to deliver and/or due to balance sheet deterioration. Investments may also be sold if the subadviser identifies a stock that it believes offers a better investment opportunity.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $4.04M | 10.17% |
| BROADCOM INC | — | $3.05M | 7.68% |
| ALPHABET INC CL A | — | $2.88M | 7.25% |
| MICROSOFT CORP | — | $2.82M | 7.10% |
| META PLATFORMS INC CL A | — | $2.33M | 5.87% |
| APPLE INC | — | $2.08M | 5.24% |
| MICRON TECHNOLOGY INC | — | $1.88M | 4.74% |
| APPLIED MATERIALS INC | — | $1.37M | 3.45% |
| TEXAS INSTRUMENTS INC | — | $1.21M | 3.06% |
| SALESFORCE INC | — | $1.04M | 2.62% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| MFS Technology Fund · MTCAX, MTCJX, MTCBX, MTCCX, MTCIX, MTCKX, MTERX, MTCHX, MTCLX | 59% | 0.77% |
| EQ/MFS Technology Portfolio | 58% | 0.86% |
| iShares Expanded Tech Sector ETF · IGM | 57% | 0.39% |
Advisers
| Firm | Role |
|---|---|
| J.P. Morgan Investment Management, Inc. | Sub-adviser |
| Nationwide Fund Advisors | Adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
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