ST. PETERSBURG, Fla.--()--Transamerica Asset Management Group has enhanced its Transamerica Multi-Manager Alternative Strategies Portfolio to offer investors access to a variety of niche, non-traditional asset classes.
“Transamerica’s Multi-Manager Alternative Strategies Portfolio has evolved to become an even better investment option for people who are seeking exposure to non-traditional asset classes”
The increase in market demand for alternative strategies prompted Transamerica and Morningstar Associates LLC, the portfolio’s construction manager, to add more absolute return-oriented strategies and low correlation asset classes available for inclusion in the Transamerica Multi-Manager Alternative Strategies Portfolio. Investment options including commodities futures, managed futures, long-short equities, and a global tactical asset allocation strategy were recently introduced as underlying investment offerings. Later this year, an arbitrage strategy will be added. Transamerica has partnered with AQR Capital Management, First Quadrant, L.P., Goldman Sachs Asset Management, L.P., J.P. Morgan Investment Management Inc., and Water Island Capital, LLC to launch these strategies.
“Partnering our expertise in manager selection with Morningstar’s proprietary asset allocation modeling, allows us to continuously search for new strategies and efficiently combine those offerings into one fund,” stated John K. Carter, Transamerica Asset Management, Inc.’s President and CEO. “We believe our strategy gives advisors and investors a unique option to achieve a diversified alternative allocation.”
“Transamerica’s Multi-Manager Alternative Strategies Portfolio has evolved to become an even better investment option for people who are seeking exposure to non-traditional asset classes,” says Dave Paulsen, Chief Sales Officer at Transamerica Capital Management. “It is more strategically positioned for today’s market environment and growth opportunities.”
Transamerica Multi-Manager Alternative Strategies Portfolio is offered in Class A, C and I shares. Investors interested in learning more about Transamerica Multi-Manager Alternative Strategies Portfolio 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.
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/or summary prospectus or for other information on Transamerica Funds, contact your financial professional or Transamerica Funds at 888-233-4339 or visit our web site: transamericafunds.com. Transamerica Capital Management is an operating division of Transamerica Capital, Inc.
Mutual funds are subject to market risk, including the loss of principal. Alternative strategies are not suitable for all investors. Many alternative strategies use sophisticated and aggressive investment techniques. Certain alternative strategies may be tied to hard assets such as commodities, currencies and real estate and may be subject to greater volatility as they may be affected by overall market movements, changes in interest rates or factors affecting a particular industry, commodity or currency, and international economic, political, and regulatory developments.
About Transamerica Capital, Inc.
Transamerica Capital, Inc. is the underwriting and wholesaling broker-dealer for mutual funds advised by Transamerica Asset Management, Inc. Transamerica Capital, Inc., an AEGON company, works with financial professionals at wirehouse, regional, independent, and bank firms to provide a variety of investment solutions.
About Transamerica Asset Management Group
Transamerica Asset Management Group consists of Transamerica Funds, Transamerica Partners Funds, Transamerica Series Trust, Transamerica Income Shares, Inc., and Transamerica Asset Management, Inc. Transamerica Asset Management, Inc., a registered investment advisor, is an AEGON company. As of December 31, 2010, Transamerica Asset Management, Inc. had approximately $49 billion in assets under management.
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 approximately 28,000 people and have over 40 million customers across the globe. For more information about AEGON, visit www.aegon.com.
About Morningstar Associates, LLC
Morningstar Associates, LLC, a registered investment advisor and wholly owned subsidiary of Morningstar, Inc., is a premier provider of independent investment management and consulting services to institutions. It combines world-class resources, rigorous investment processes, and industry and product expertise to design innovative and custom solutions that serve clients and investors. Morningstar Associates, LLC provides investment advisory services on nearly $58 billion as of September 30, 2010.
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar Inc. provides data on approximately 370,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 4 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. The company has operations in 26 countries.
Neither Morningstar Associates, LLC nor Morningstar, Inc. is affiliated with Transamerica and its affiliates. Morningstar Associates, LLC does not act in a capacity of an advisor to individual investors.