Company Press Release

Transamerica Asset Management Group announced today the company will launch Transamerica Global Tactical Income (“the Fund’) in October 2011. The Fund will be sub-advised by AEGON USA Investment Management, LLC (“AUIM”) and will be available to retail and institutional investors through A, C and I share classes.

The Fund seeks to provide investors with high current income, with capital appreciation as a secondary objective. The Fund will employ a diversified, multiple asset class approach, investing in exchange-traded funds (“ETF’s”) providing underlying exposure to: High Yield Bonds, Non-US (including Emerging Markets) Debt, Dividend-paying Stocks, Preferred Stocks, Master Limited Partnerships (MLPs), Real Estate Investment Trusts (REITs), International Real Estate, International Equities, U.S. Corporate Bonds, U.S. Government Bonds, and Treasury Inflation Protected Securities (TIPS).

“Transamerica Global Tactical Income provides investors a complement to their current base of core savings solutions,” stated John K. Carter, President and CEO of the Fund’s investment adviser, Transamerica Asset Management, Inc. “Today’s investors are seeking investment solutions that are not solely correlated to the returns of the equity markets and that are able to generate reliable patterns of income. We believe this Fund will help investors meet their income and capital appreciation needs not only today, but as they enter retirement.”

The asset allocation strategy AUIM will employ leverages a proprietary econometric model that evaluates certain economic indicators to assess when investment opportunities are optimal, while limiting volatility and seeking the highest income yielding ETF investments available. Using ETF’s managed by such well-known institutions as Vanguard, Blackrock (iShares) and State Street (SPDRs), Transamerica Global Tactical Income is able to invest in highly diversified, low cost investment vehicles.

Jeff Whitehead, CFA will lead the portfolio management team responsible for the Fund’s strategy. Since April 1989, AEGON USA Investment Management has managed a broad range of assets for investors. The firm managed approximately $114 Billion in assets, as of June 30, 2011, with over $1.7 Billion managed in asset allocation strategies.

Transamerica Capital, Inc. will lead the sales and distribution effort within the financial institution, wirehouse, and independent financial planner channels. Investors interested in learning more about Transamerica Global Tactical Income should call the customer care group at 888-233-4339. Financial professionals interested in learning more should call the Transamerica sales desk at 800-851-7555.