Investment objective & strategy
As of April 17, 2025 · prospectusObjective. The NVIT J.P. Morgan US Technology Leaders Fund (the Fund) seeks long-term capital appreciation.
Strategy. The Fund invests in a portfolio of equity securities of technology companies that the subadviser believes the magnitude and/or duration of growth of which is underappreciated by the market. Many, if not most, of the securities in which the Fund invests may be considered to be growth stocks, in that they have above-average rates of earnings growth and thus may experience above-average increases in stock prices. The Fund concentrates at least 25% of its total assets in at least one of the following technology sector industries or any combination thereof: semiconductor, semiconductor equipment, hardware, software, internet, information technology services, networking, communications equipment, social media, interactive media, medical technology and financial technology. Under normal circumstances, the Fund invests at least 80% … The Fund invests in a portfolio of equity securities of technology companies that the subadviser believes the magnitude and/or duration of growth of which is underappreciated by the market. Many, if not most, of the securities in which the Fund invests may be considered to be growth stocks, in that they have above-average rates of earnings growth and thus may experience above-average increases in stock prices. The Fund concentrates at least 25% of its total assets in at least one of the following technology sector industries or any combination thereof: semiconductor, semiconductor equipment, hardware, software, internet, information technology services, networking, communications equipment, social media, interactive media, medical technology and financial technology. Under normal circumstances, the Fund invests at least 80% of its net assets in securities of U.S. companies in the aforementioned technology sector industries. For these purposes, a U.S. company is one whose stock is listed on either the New York Stock Exchange or NASDAQ. The subadviser uses a fundamental, research-driven strategy that focuses on stock selection to drive performance, seeking high-conviction opportunities that may emerge from technology-driven disruption. The Fund may invest in stocks of companies of any market capitalization, including small-cap and mid-cap companies. The Fund also may invest in securities of foreign companies that are denominated in U.S. dollars. 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 |
|---|---|---|---|
| ALPHABET INC CL C | — | $1.01M | 4.47% |
| TAKE-TWO INTERACTV SOFTWR INC | — | $861.69K | 3.83% |
| TESLA INC | — | $853.54K | 3.79% |
| NVIDIA CORP | — | $814.45K | 3.62% |
| LAM RESEARCH CORP | — | $783.70K | 3.48% |
| META PLATFORMS INC CL A | — | $769.51K | 3.42% |
| BROADCOM INC | — | $744.37K | 3.31% |
| SNOWFLAKE INC CL A | — | $695.88K | 3.09% |
| CIENA CORP | — | $658.05K | 2.92% |
| SHOPIFY INC CL A | — | $505.20K | 2.24% |
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. |
|---|---|---|
| JPMorgan U.S. Tech Leaders ETF · JTEK | 96% | 0.65% |
| DWS Science and Technology Fund · KTCIX, KTCAX, KTCCX, KTCSX | 43% | 0.68% |
| Goldman Sachs Technology Opportunities Fund · GITIX, GITSX, GITAX, GITCX, GISTX, GTORX, GSJPX | 41% | 0.88% |
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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