Transamerica Premier Funds
Investor Shares
Supplement Dated April 1, 1996
to Investor 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
0.25% of the average daily net assets 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% 0.10% 0.15% 0.25%
Premier Cash
Reserve 0.00% 0.10% 0.15% 0.25%
(see reverse)
The estimated annual operating expenses for the 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% 0.10% 0.22% 0.47%
Premier Cash
Reserve 0.09% 0.10% 0.17% 0.36%
For the estimated operating expenses for the Transamerica Premier
Funds other than those listed above, see the section of the Prospectus
titled Fund Expenses.
PEO2I-0596
