Transamerica Plans for a New Tomorrow

ST. PETERSBURG, Fla.–(BUSINESS WIRE)– Transamerica Asset Management, Inc. (“Transamerica”) is pleased to announce several enhancements to its fund offerings including the upcoming addition of new retail mutual funds. The new strategies align with Transamerica’s commitment to offer top-quality strategies in asset classes that can not only provide sound investment solutions today, but also may help to serve investor needs when conditions change tomorrow.

“We remain committed to delivering unique and top-performing institutional strategies to the individual investor,” stated Dave Paulsen, Chief Executive Officer of Transamerica Capital, Inc. “The introductions of Transamerica Logan Circle Emerging Markets Debt and Transamerica Tactical Income funds late last year have been very well received in the marketplace, and we are very confident that these new additions will resonate strongly with our partner firms, financial advisors and their clients.”

On March 1st, Transamerica will introduce retail classes of Transamerica International Bond. Initially opened as an institutional share class in December 2005, Transamerica International Bond seeks to obtain high total return by investing in high-quality, non-dollar denominated government and corporate debt securities of foreign issuers. With historically strong Lipper rankings and rated above average by Morningstar for overall returns Transamerica International Bond is a sound competitor among its peers and a natural fit into the Transamerica retail line-up. Transamerica International Bond is sub-advised by JP Morgan Investment Management, Inc. and will be available in Class A (TABAX), Class C (TABCX) and Class I (TABIX) shares.

In the 2^nd quarter, Transamerica will launch the following three mandates:

Transamerica Emerging Markets Equity, sub-advised by ClariVest Asset Management LLC (“ClariVest”). The fund will provide investors exposure to growth opportunities in equity securities of issuers economically tied to one or more emerging market countries. ClariVest has been managing this strategy since 2006.

Transamerica Large Cap Growth, sub-advised by BNP Paribas Asset Management Inc. (“BNP”). This will be the first opportunity for US retail investors to access one of BNP’s investment solutions previously reserved solely for institutional and international investors. BNP has been managing this strategy since its inception in 2006.

Transamerica Small Cap Value, sub-advised by Lombardia Capital Partners LLC (“Lombardia”). Lombardia specializes in value investing in the small, mid, and large cap sectors of the U.S. equity market. Lombardia has managed this institutional portfolio since 2003 and its portfolio managers average 30 years of industry experience.

In addition to the new fund offerings, Transamerica is further extending its commitment to shareholders by lowering 12b-1 fees on Class A shares. This 12b-1 fee-reduction of .05% will take effect on March 1.

“This move was designed to provide an immediate benefit for existing Class A shareholders,” stated John Carter, President and CEO of Transamerica Asset Management, Inc. “The fee reduction also provides more earning potential to these investors and allows our retail offerings to be more competitive versus their peers.”

Finally, as part of the larger Transamerica rebranding effort, Transamerica Funds will rename the retail funds, allowing the funds to be easily recognized under the familiar Transamerica name.

“For over 100 years, the Transamerica name has represented a company that strives to provide long-term financial security for its customers, on the hopes of creating a better tomorrow” stated John Carter. “We believe the funds we offer should be synonymous with the Transamerica brand and the strength it represents.”

Transamerica Capital, Inc. will lead the sales and distribution efforts within the financial institutions, wirehouse, and independent financial planner channels.

Investors interested in learning more about the planned fund launches should call the Transamerica customer care group at 888-233-4339. Financial professionals interested in learning more should call the Transamerica sales desk at 800-851-7555.

Please consider the funds’ investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the funds and should be read carefully before you invest or send money. To obtain a prospectus and for other information on Transamerica Funds, please contact your financial professional or call Transamerica Funds at (888) 233-4339 or visit our website at www.Transamericafunds.com.Transamerica funds are distributed by Transamerica Capital, Inc.

Past performance does not guarantee future results. Mutual funds are subject to market risk, including the loss of principal.

About Transamerica Capital, Inc.

Transamerica Capital, Inc. is the underwriting and wholesaling broker/dealer for Transamerica Funds. The company works with financial professionals at wirehouse, regional, independent, and bank firms to provide a variety of insurance and investment solutions.

About Transamerica Asset Management Group

For more than 25 years, Transamerica Asset Management Group (TAMG) has provided investment solutions, asset management, fund administration and shareholder services for institutional and retail clients. As a globally-recognized third-party asset manager, TAMG has more than $49.9 billion in assets under management (AUM)* and offers customers nearly 140 mutual funds and collective investment trusts (CITs). In addition to investment management, TAMG provides product development, legal, compliance, transfer agent operations and fund accounting and administration. TAMG is committed to increasing client wealth by leveraging strategic market relationships and developing flexible solutions that drive financial performance in all market conditions. For more information, please visit www.Transamerica-AMG.com.

Transamerica Asset Management Group (TAMG) consists of Transamerica Funds, Transamerica Partners Funds, Transamerica Series Trust, Transamerica Income Shares, Inc., and Transamerica Asset Management, Inc., a registered investment advisor. Transamerica Corporation and its affiliate companies are wholly owned by AEGON N.V., an international life insurance, pension and asset management company.

*AUM, funds and CIT totals as of 1/31/12.

About AEGON N.V.

AEGON N.V., based in The Hague, The Netherlands, is an international life insurance, pension and investment company with businesses in over 20 markets in the Americas, Europe and Asia. AEGON companies employ over 25,000 people and have over 40 million customers across the globe. For more information about AEGON, visit www.Aegon.com.

About ClariVest Asset Management LLC

ClariVest Asset Management LLC is an employee-owned investment boutique founded in March of 2006. The firm currently manages more than $2.5B** in client assets through institutional separate accounts and mutual funds. ClariVest’s goal is to offer consistent outperformance to clients through domestic, international, and global equity portfolios that span the market-capitalization spectrum.

**AUM total as of 12/31/11

About BNP Paribas Asset Management, Inc.

BNP Paribas Asset Management, Inc., a US registered investment adviser, provides US clients with equities and fixed income capabilities. BNP Paribas Asset Management, Inc. has $20.9 billion in assets as of December 31, 2011. Its US equities strategies offer clients concentrated portfolios with an emphasis on stock selection as BNP Paribas Asset Management, Inc. believes that the risk/reward tradeoff is more attractive at the stock level. All members of the US equities team have worked together for at least the past five years with the two most senior members of the team having worked together for the past 15 years.

About Lombardia Capital Partners

Founded in 1989, Lombardia Capital Partners (“LCP”) has been offering investment management services for over 22 years. LCP manages approximately $2.7 billion for institutional public, corporate, and foundation clients. LCP currently has six investment strategies: Small Cap Value, Mid Cap Value, Large Cap Value, All Cap Value, International Equity Value, and Global Equity Value. LCP’s senior portfolio management team has an average of 30 years of industry experience. The LCP disciplined value-focused investment process, combined with LCP’s dedication to providing superior service, has helped LCP earn the trust of institutions, corporations, and foundations worldwide. LCP has offices in Pasadena, CA and Chicago, IL. For more information, please visit www.lombardiacapital.com

Transamerica Asset Management, Inc. John K. Carter, 727-299-1824
President & Chief Executive Officer

Source: Transamerica Asset Management, Inc.