Transamerica Premier Funds
Adviser Shares
Supplement Dated April 1, 1996
to Adviser Shares Prospectus Dated September 22, 1995
The following information supplements, and should be read in conjunction with,
the Prospectus to which this endorsement is attached.
The following information supplements the section titled Fund Expenses. As an
additional subsidy, beginning on April 1, 1996 the Investment Adviser will
waive the Adviser Fee and the Administrator will assume any other operating
expenses for the Transamerica Premier Index Fund and the Transamerica
Premier Cash Reserve Fund, other than certain extraordinary or non-recurring
expenses, which together exceed the Total Operating Expenses shown below for
each Fund until the earlier of June 30, 1996 or such time as the Fund s assets
exceed $50 million.
The estimated operating expenses for the period from April 1, 1996 to June 30,
1996 for these Funds are as follows:
Transamerica Premier Index Fund
Transamerica Premier Cash Reserve Fund
Estimated Fund Operating Expenses
From 4/1/96 to 6/30/96
(as a percent of average net assets)
Adviser Total Operating
Fee After 12b-1 Other Expenses Expenses After Waiver
Fund Waiver Fee After Reimbursement and Reimbursement
Premier Index 0.00% 1.00% 0.15% 1.15%
Premier Cash
Reserve 0.00% 0.25% 0.15% 0.40%
The estimated annual operating expenses for these Funds from October 2, 1995
to September 30, 1996 are as follows:
Transamerica Premier Index Fund
Transamerica Premier Cash Reserve Fund
Estimated Annual Fund Operating Expenses
From 10/2/95 to 9/30/96
(as a percent of average net assets)
Adviser Total Operating
Fee After 12b-1 Other Expenses Expenses After Waiver
Fund Waiver Fee After Reimbursement and Reimbursement
Premier Index 0.15% 1.00% 0.22% 1.37%
Premier Cash
Rerserve 0.09% 0.25% 0.17% 0.51%
For the estimated operating expenses for the Transamerica Premier Funds other
than those listed above, see the section of the Prospectus titled Fund Expenses.
PEO2A-0596
