Supplement dated
April 16, 2024
to the following statutory
prospectus(es):
Monument Advisor Select and Monument Advisor
Select NY prospectus dated May 1, 2023
This supplement updates certain information contained in your statutory prospectus. Please read and retain
this supplement for future reference. |
1.
Effective June 14, 2024, the following Investment Portfolio is no longer available to receive
transfers or new purchase payments.
•
Two Roads Shared Trust – Redwood Managed Volatility Portfolio: Class I
2.
The Board of Trustees
of Two Roads Shared Trust approved to liquidate the Two Roads Shared Trust – Redwood Managed Volatility Portfolio: Class I (the "Liquidating Portfolio"). The liquidation is
expected to occur on or about June 21, 2024 (the "Liquidation Date").
In anticipation of the liquidation, the following changes apply to the
contract:
•
From the date of this supplement until the Liquidation Date, investors with allocations in the Liquidating Portfolio may
transfer allocations to any other available investment option. During this period, any transfers from the Liquidating Portfolio will not be treated as a transfer for purposes of
transfer limitations that would otherwise be applicable.
•
On the Liquidation Date, any remaining assets in the Liquidating Portfolio will be transferred
to the Nationwide Variable Insurance Trust – NVIT Government Money Market Fund: Class Y.
•
After the Liquidation Date, any and all references to the Liquidating Portfolio are
deleted.