30-DAY SEC YIELD
The 30-Day SEC Yield is computed in accordance with a standardized method prescribed by rules of the SEC. The 30-Day SEC Yield is computed by dividing the fund's investment income per share earned during a particular 30-day base period by the maximum offering price per share on the last day of the base period, and then annualizing the result. The 30-Day SEC Yield is calculated at each month end and updated within the first ten business days of the following month. The subsidized 30-Day SEC Yield reflects the reimbursements or waivers of certain expenses. Had fees not been waived and/or expenses reimbursed, the yield would be lower. The unsubsidized 30-Day SEC Yield does not reflect reimbursements or waivers of expense fees.
12-MONTH DISTRIBUTION YIELD
The 12-Month distribution yield is calculated by taking the sum of all distributions occurring over the previous twelve calendar months and dividing the result by the Fund's Net Asset Value (NAV) as of the date of the previous month-end. The distribution yield represents a 12-month historical distribution and does not represent the total return of the Fund and is not necessarily an indication of future distributions or yield. For Funds that have been in operation for less than one year, an annualized distribution yield is calculated by annualizing the Fund's historical distributions to date and dividing the result by the Fund's Net Asset Value (NAV) as of the date of the previous month-end. The annualized distribution yield represents an estimated 12-month distribution from the Fund based on the limited distribution history of the Fund to date and does not represent the total return of the Fund and is not necessarily an indication of future distributions or yield. Past performance does not guarantee future results.
*Expense ratios are as-of the most recent prospectus. Contractual arrangements have been made with the fund’s investment manager, Transamerica Asset Management, Inc. (“TAM”), through March 1, 2017.
**Reflects average annual returns. Returns for funds that are less than one year old are not annualized.
***Calendar year performance for 2011-2014 represent synthetic returns.
Synthetic returns: Class A shares commenced operations on March 1, 2014. The performance of the Class A shares prior to March 1, 2014 reflects the performance of the Class I shares of the fund, restated to reflect the fees and expenses of Class A shares, without the effect of any fee or expense limitations. The Class I shares are using performance history from The Torray Resolute Fund which commenced operations December 31, 2010. Total Returns and Average Annual Returns are shown for Class A shares calculated from December 31, 2010, the commencement of the fund.
The performance data presented here represents past performance; Past performance is not indicative of future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Performance may not be available for all periods indicated. Net Asset Value (NAV) returns include reinvestment of dividends and capital gains, but do not reflect any sales charges. If a sales charge had been deducted, the results would have been lower. Public Offering Price (POP) returns include reinvestment of dividends and capital gains, and reflect the maximum sales charge.
Maximum sales charge for Class A shares is 5.50%.
Purchases of Class C Shares are subject to a 1.00% contingent deferred sales charge if redeemed during the first 12 months of purchase.
There are no sales charges on Class I shares. Class I shares are currently primarily offered for investment to institutional investors including, but not limited to, fee-based programs, pension plans, and certain endowment plans and foundations.
There are no sales charges on Class I2 shares. Class I2 shares are currently primarily offered for investment by certain funds of funds.
Advisor Class shares are intended for purchase through self-directed accounts on transaction-based platforms that may or may not charge a transaction fee, broker-dealer sponsored fee-based wrap programs, fee-based advisory platforms and bank/trust products where fees are being charged.
Performance figures reflect any fee waivers and/or expense reimbursements by the Investment Manager. Without such waivers and/or reimbursements, the performance would be lower. Future waivers and/or reimbursements are at the discretion of the Investment Manager.
1 Year returns reflect total return.
RISK MEASURES Standard Deviation is a statistical measurement that helps to gauge the fund's historical volatility. Historical Beta illustrates a fund's sensitivity to price movements in relation to a benchmark index. Alpha is a coefficient measuring the portion of a fund's return arising from specific (non-market) risk. Tracking Error is the difference between the price behavior of a fund and the price behavior of a benchmark. R-Squared is a statistical measure that represents the percentage of a fund's movements that can be explained by movements in a benchmark index. Sharpe Ratio is a risk-adjusted measure calculated by using standard deviation and excess return to determine reward per unit of risk. Information Ratio is a ratio of portfolio returns above those of a benchmark compared to the volatility of those returns.
U.S. allocations may include U.S. territories and possessions.
The Net Other Assets (Liabilities) category may include, but is not limited to, repurchase agreements, reverse repurchase agreements, security lending collateral, forward foreign currency contracts, and cash collateral.
The Russell 1000® Growth Index is an unmanaged index used as a general measure of market performance. It is not possible to invest directly in an index. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. Russell Investment Group is the source and owner of the trademarks, service marks, and copyrights related to the Russell indexes. Russell® is a trademark of Russell Investment Group.
Returns on growth stocks may not move in tandem with return on other categories of stocks or the market as a whole. Growth stocks may be particularly susceptible to larger price swings or to adverse developments. Growth stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors “value” stocks. The fund may be more concentrated than that of a more diversified fund, subjecting it to greater fluctuation and risk.
Shares may be sold (or “redeemed”) on any day the New York Stock Exchange is open for business. Proceeds from the redemption of shares will usually be sent to the redeeming shareholder within three business days after receipt in good order of a request for redemption. However, Transamerica Funds has the right to take up to seven days to pay redemption proceeds, and may postpone payment under certain circumstances, as authorized by law.
Due to rounding, not all of the percentages will equal 100%.
Mutual funds are subject to market risk, including the loss of principal. Past performance is not indicative of future results.
Shares of the funds may only be sold by offering the funds’ prospectus. You should consider the investment objectives, risks, charges, and expenses of the funds carefully before investing. The prospectus contains this and additional important information regarding the fund. To obtain the prospectus and/or summary prospectus, please contact your financial professional or click here. The prospectus should be read carefully before investing.
Transamerica Funds are advised by Transamerica Asset Management, Inc. and distributed by Transamerica Capital, Inc.
Not insured by FDIC or any federal government agency. May lose value. Not a deposit of or guaranteed by any bank, bank affiliate, or credit union.