Transamerica Adds MLP & Energy Income Fund to Its Roster
DENVER, CO – April 30, 2013—Transamerica Funds is pleased to announce the addition of Transamerica MLP & Energy Income to its growing lineup of mutual funds.
Transamerica MLP & Energy Income is a transparent and liquid product providing exposure to energy infrastructure master limited partnerships (MLPs), designed to seek long-term capital growth while providing current income. The fund will invest at least 80% of its net assets in the equity and debt securities of energy MLPs, MLP-related entities, energy infrastructure companies and other issuers in the energy sector.
Transamerica remains committed to providing investors with access to institutional-quality investment management services and a full range of investments for all market conditions.
“In today’s low interest rate environment, we believe investments in MLPs and energy can be an effective solution for investors looking for strong growth and income potential, and a low-correlated asset class.” said Dave Paulsen, Chief Executive Officer of Transamerica Capital, Inc.
Transamerica MLP & Energy Income is sub-advised by Kayne Anderson Capital Advisors, L.P., a leading investor in and provider of private capital to energy infrastructure companies, particularly MLPs.
The fund will be available to retail and institutional investors through Class A, C, I and I2 shares. Transamerica Capital, Inc. will lead the sales and distribution efforts within the financial institution, wirehouse and independent financial planner channels. Investors interested in learning more 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 fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the fund and should be read carefully before you invest. For more information about Transamerica Funds or to obtain a prospectus and/or summary prospectus, please contact your financial professional. You can also call Transamerica Funds at 888-233-4339 or visit our website at www.transamericainvestments.com. Transamerica Funds are distributed by Transamerica Capital, Inc.
Investments in MLPs involve risks that differ from investments in corporate issuers, including risks related to limited control, cash flow risks, dilution risks and risks related to the general partner’s right to require unit holders to sell their common units at an undesirable time or price. The energy industries can be significantly affected by fluctuations in energy prices and supply and demand of energy fuels, energy conservation, the success of exploration projects, and tax and other government regulations. Sector funds can be more volatile because of their narrow concentration in a specific industry. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, economic or other developments.
About Transamerica Asset Management
Transamerica Asset Management (TAM) is the asset management business unit of Transamerica. TAM consists of Transamerica Funds, Transamerica Partners Funds, Transamerica Series Trust, Transamerica Income Shares, Inc., and Transamerica Asset Management, Inc., a registered investment advisor. TAM managed more than $56.9 billion in assets as of 3/31/13. TAM and its affiliate companies are wholly owned by Aegon N.V., an international life insurance, pension and asset management company.
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 Aegon N.V.
As an international life insurance, pensions and asset management company based in The Hague, Aegon has businesses in over 20 markets in the Americas, Europe and Asia. Aegon companies employ approximately 24,000 people and have millions of customers across the globe.
For more information, please contact: