American Funds^®
The Growth Fund of America^® – Class F-3

Objective

The fund’s investment objective is to provide growth of capital.

Approach

The fund seeks opportunities in traditional growth stocks as
well as cyclical companies and turnaround situations with
significant potential for growth of capital.

Holdings

At least 65% of the fund’s assets are invested in common
stocks. It may also invest in convertibles, preferred stocks, U.S.
government securities, bonds and cash equivalents.

Non-U.S. Holdings

The fund may invest up to 25% of its assets in securities
of issuers established outside the U.S.

Ticker

GAFFX

Helpful resources

Top Equities

As of 12/31/2025

Historical performance

(11/30/1973 – 12/31/2025)

Important information regarding American Funds The Growth Fund of America Class F-3 Fund (GFA): This fund was initially established on 12/1/1973. The values displayed are based on the daily total returns of the fund. Historical daily return data includes hypothetical returns prior to the inception date of the F-3 share class on 1/27/2017. Hypothetical returns are calculated by adjusting the results of the original share class of the fund, without a sales charge, by the typical estimated expenses of the subsequent share class since inception. Past performance is not indicative of, nor does it guarantee future performance. The results shown are hypothetical and do not reflect actual investment results. Actual results may differ.

This material provides information on American Funds^® The Growth Fund of America^® – Class F-3 and should be used in conjunction with the product prospectus.

Investing for growth, the fund offers a diversified approach to long-term capital appreciation to help investors pursue long-term goals.

A broad mandate

Unlike some growth funds with a narrow investment universe, the fund can invest wherever growth opportunities may be, including up to 25% of assets outside the U.S. These investments often include:

Traditional growth stocks
Stocks of companies that are cyclical
Stocks of companies that are depressed or in turnaround situations

Company-by-company approach

The fund is focused on companies – not on specific market capitalizations, industries or sectors. The managers rely on in-depth global research to find
companies that they believe have sound fundamentals and sustainable competitive advantages. As of its fiscal year end on 12/31/25, the fund’s portfolio included investments in approximately 295 companies.

Long-term focus

The investment professionals
for the fund search for companies that they believe offer opportunities for capital appreciation over the long haul. This long-term focus has helped the fund outpace the S&P 500^®, Russell 1000 Growth Index and more traditional large-capitalization growth investments over the life of the fund.

Annual performance

Sector breakdown

As of 12/31/2025

American Funds^® The Growth Fund of America^® – Class F-3 is not a market Index. It is a mutual fund, and its Index Value reflects the mutual fund’s total return. If you select a mutual fund-linked index Strategy for investment, you will not be investing in the linked mutual fund. You will not be a shareholder or beneficial owner of the fund and you will have no rights with respect to the fund. This example is not a projection or prediction of future performance. The performance could be significantly different than the performance shown and shouldn’t be considered a representation of investor experience in the future.

Not a deposit – Not FDIC or NCUSIF insured – Not guaranteed by the institution – Not insured by any federal government agency – May lose value

¹ American Funds^® The Growth Fund of America^® – Class F-3 is not a market index. It is a mutual fund, and its Index Value reflects the mutual fund’s total returns. If you select a mutual fund-linked Index Strategy for investment, you will not be investing in the linked mutual fund. You will not be a shareholder or beneficial owner of the fund and you will have no rights with respect to the fund.

This material is not a recommendation to buy, sell, hold or roll over any asset, adopt an investment strategy, retain a specific investment manager or use a particular account type. Investors should discuss their specific situation with their financial professional.

Indexed universal life insurance policies are not stock market investments, do not directly participate in any stock or equity investments, and do not
receive dividend or capital gains participation. Past performance of an index is no indication of future crediting rates.

Guarantees are subject to the claims-paying ability of the issuing insurer. Nationwide may discontinue any index that becomes unavailable (i.e., is no
longer published) or the calculation of which is substantially changed. Nationwide may substitute with a comparable index or may adjust the method of
calculating index segment interest.

Be sure to choose a product that meets long-term life insurance needs, especially if personal situations change — for example, marriage, birth of a child or job promotion. Weigh the costs of the policy, and understand that life insurance has fees and charges that vary with sex, health, age and tobacco use. Riders that customize a policy to fit individual needs usually carry an additional charge.

The Index Strategies linked to The Growth Fund of America^® from American Funds^® are not market indexes. They are based on a retail mutual fund whose investment returns are used to determine the performance of the associated Index Strategies. You will not become a shareholder of the mutual fund by investing in the Index Strategies, nor will you have any voting, dividend, liquidation, or any other rights typically afforded to the mutual fund’s shareholders. American Funds’ The Growth Fund of America and its trademarks and data have been licensed for use by Nationwide Life Insurance Company and Nationwide Life and Annuity Insurance Company. All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc. (“Capital Group”) or an affiliated company or fund. All other company and product names mentioned are the property of their respective companies. This Product is not sponsored, endorsed, recommended, offered, sold, issued or promoted by Capital Group or any of its affiliates, or any of their respective third-party licensors. Capital Group has no obligation or liability in connection with the administration or marketing of this Product. Capital Group makes no representation or warranty, express or implied, to the owners of this Product or any member of the public regarding the suitability or advisability of investing in this Product or any Index Strategy. Capital Group has not prepared any part of this document and no statements made herein should be attributed to Capital Group.

The Product is not an investor in The Growth Fund of America, and The Growth Fund of America is managed by Capital Group without regard to Nationwide or the Product. Capital Group is not an investment adviser to, and owes no fiduciary duty to, Nationwide, the Product, or the owners of the Product. Capital Group is under no obligation to continue managing or sponsoring The Growth Fund of America and may change its investment strategies, portfolio management team, portfolio investments, or other features at any time without regard to Nationwide or the Product.

Past performance of The Growth Fund of America is not an indication or guarantee of future results, and there can be no assurance that The Growth Fund of America will provide positive investment returns. More information about the investment strategies and risks of The Growth Fund of America can be found in The Growth Fund of America’s prospectus.

Neither this document nor any other efforts by Nationwide or its affiliates to administer or market this Product or the Index Strategies associated with The Growth Fund of America is, or is intended to be, an offer to purchase shares of or otherwise invest in The Growth Fund of America.

Products are issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio. Nationwide, the Nationwide N and Eagle, and Nationwide
is on your side are service marks of Nationwide Mutual Insurance Company. Third-party marks that appear in this document are the property of their
respective owners.

FLW-0192AO-IM (07/26)

American Funds® The Growth Fund of America® – Class F-3