Transamerica Multi-Cap Growth***

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. Be advised that the 30-Day SEC Yield calculation does not account for return of capital. Please refer to the most recent Annual Report for additional information regarding the composition of distributions. 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.

DISTRIBUTION RATE
The Distribution Rate 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 Rate 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. Distributions may be comprised of ordinary income, capital gains, and/or return of capital of your investment in the fund. Because the Distribution Rate may include a return of capital, it should not be confused with yield or income. Please refer to the most recent Section 19 Notice, if applicable, for additional information regarding the composition of distributions. However, please note that distributions are subject to recharacterization for tax purposes and the final tax treatment of these distributions will be reported to shareholders after the close of each calendar year on Form 1099-DIV. For funds that have been in operation for less than one year, an annualized Distribution Rate is calculated by annualizing the Fund's historical distributions to date and dividing the result by the fund's NAV as of the date of the previous month-end. The annualized Distribution Rate 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. Past performance does not guarantee future results.

FUND PERFORMANCE
*Expense ratios are as-of the most recent prospectus. Contractual arrangements (if applicable) have been made with the fund’s investment manager, Transamerica Asset Management, Inc. (“TAM”), through March 1, 2019.

**Reflects average annual returns. Returns for funds that are less than one year old are not annualized.

***Formerly known as Transamerica Growth Opportunities.

Prior to March 22, 2011, the fund had a different sub-advisor, a different investment objective, and used different investment strategies to a previous sub-advisor.

Prior to March 1, 2016, the fund had a different sub-advisor, a different investment objective, used different investment strategies and had a different benchmark index.

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%.

Maximum applicable contingent deferred sales charges for Class B is 5.00% in the first year, decreasing to 0% after five years.

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.

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.

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