SUBADVISORY AGREEMENTSubadvisory Agreement • March 25th, 2014 • Nationwide Mutual Funds • Delaware
THIS AGREEMENT is made and entered into effective the day of , 2014, by and among NATIONWIDE MUTUAL FUNDS (the “Trust”), a Delaware statutory trust, NATIONWIDE FUND ADVISORS (the “Adviser”) a Delaware business trust registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and ARIEL INVESTMENTS, LLC, a limited liability company under the laws of the State of Delaware (the “Subadviser”), and also registered under the Advisers Act.
