Transamerica Premier Funds
Class A and Class M Shares
Supplement Dated March 30, 1999
to Class A and Class M Shares Prospectus Dated June 30, 1998
The following information supplements the prospectus. You should read it
together with the prospectus.
1) The following changes to the Fund managers are effective immediately:
Transamerica Premier Bond Fund Primary Manager since 1998: Matthew W. Kuhns,
CFA, Vice President and Portfolio Manager, Transamerica Investment Services.
Also manages the Transamerica Bond Fund, since 1998. Was co-manager of the
Transamerica Premier Bond Fund and the Transamerica Bond Fund. Member of the
Bond Club of Los Angeles. M.B.A., University of Southern California. B.A.,
University of California, Berkeley. Joined Transamerica in 1991.
Co-Manager since 1999: Heidi Y. Hu, CFA, Vice President and Portfolio Manager,
Transamerica Investment Services. Also manages the Transamerica Income Shares
and co-manages the Transamerica Bond Fund, since 1999. Member of the Los Angeles
Society of Financial Analysts. Portfolio Manager, Arco Investment Management
Company, 1994-1998. B.S., Lewis and Clark College. M.B.A., University of
Chicago. Joined Transamerica in 1998.
Transamerica Premier Cash Reserve Fund Primary Manager since 1999: Rex A. Olson,
CFA, Securities Analyst, Transamerica Investment Services. Also manages the TVIF
Money Market Fund and the Transamerica Cash Management Fund, since 1999. Was
co-manager of the Transamerica Premier Cash Reserve Fund, TVIF Money Market Fund
and the Transamerica Cash Management Fund. Member of the Los Angeles Society of
Financial Analysts. Vice President, Mitsubishi Trust, 1987-1997. B.S.,
University of Southern California. Joined Transamerica in 1997.
Co-Manager since 1999: Peter O. Lopez, Senior Research Analyst, Transamerica
Investment Services. Assistant Vice President, Shields Alliance, 1995-1997.
Corporate Bond Associate, TIAA-CREF, 1993-1995. B.A., Arizona State University.
M.B.A., University of Michigan. Joined Transamerica in 1997.
2) On February 18, 1999, Transamerica Corporation announced that it had signed a
merger agreement with AEGON N.V., one of the world's leading international
insurance groups, providing for AEGON's acquisition of all of Transamerica's
outstanding common stock for a combination of cash and AEGON stock worth $9.7
billion. The closing of the transaction is expected to occur during the summer
of 1999.
Transamerica Corporation indirectly owns the Premier Funds' Administrator,
Transamerica Occidental Life Insurance Company, and the Distributor,
Transamerica Securities Sales Corporation, and directly owns the Investment
Adviser, Transamerica Investment Services, Inc.
<PAGE>
Transamerica Premier Funds
Investor Shares
Supplement Dated March 30, 1999
to Investor Shares Prospectus Dated June 30, 1998
The following information supplements the prospectus. You should read it
together with the prospectus.
1) The following changes to the Fund managers are effective immediately:
Transamerica Premier Bond Fund Primary Manager since 1998: Matthew W.
Kuhns, CFA, Vice President and Portfolio Manager, Transamerica Investment
Services. Also manages the Transamerica Bond Fund, since 1998. Was
co-manager of the Transamerica Premier Bond Fund and the Transamerica Bond
Fund. Member of the Bond Club of Los Angeles. M.B.A., University of
Southern California. B.A., University of California, Berkeley. Joined
Transamerica in 1991.
Co-Manager since 1999: Heidi Y. Hu, CFA, Vice President and Portfolio
Manager, Transamerica Investment Services. Also manages the Transamerica
Income Shares and co-manages the Transamerica Bond Fund, since 1999. Member
of the Los Angeles Society of Financial Analysts. Portfolio Manager, Arco
Investment Management Company, 1994-1998. B.S., Lewis and Clark College.
M.B.A., University of Chicago. Joined Transamerica in 1998.
Transamerica Premier Cash Reserve Fund Primary Manager since 1999: Rex A.
Olson, CFA, Securities Analyst, Transamerica Investment Services. Also
manages the TVIF Money Market Fund and the Transamerica Cash Management
Fund, since 1999. Was co-manager of the Transamerica Premier Cash Reserve
Fund, TVIF Money Market Fund and the Transamerica Cash Management Fund.
Member of the Los Angeles Society of Financial Analysts. Vice President,
Mitsubishi Trust, 1987-1997. B.S., University of Southern California.
Joined Transamerica in 1997.
Co-Manager since 1999: Peter O. Lopez, Senior Research Analyst,
Transamerica Investment Services. Assistant Vice President, Shields
Alliance, 1995-1997. Corporate Bond Associate, TIAA-CREF, 1993-1995. B.A.,
Arizona State University. M.B.A., University of Michigan. Joined
Transamerica in 1997.
2) On February 18, 1999, Transamerica Corporation announced that it had signed a
merger agreement with AEGON N.V., one of the world's leading international
insurance groups, providing for AEGON's acquisition of all of Transamerica's
outstanding common stock for a combination of cash and AEGON stock worth $9.7
billion. The closing of the transaction is expected to occur during the summer
of 1999.
Transamerica Corporation indirectly owns the Premier Funds' Administrator,
Transamerica Occidental Life Insurance Company, and the Distributor,
Transamerica Securities Sales Corporation, and directly owns the Investment
Adviser, Transamerica Investment Services, Inc.
<PAGE>
Transamerica Premier Funds
Institutional Shares
Supplement Dated March 30, 1999
to Institutional Shares Prospectus Dated June 30, 1998
The following information supplements the prospectus. You should read it
together with the prospectus.
1) The following changes to the Fund managers are effective immediately:
Transamerica Premier Bond Fund Primary Manager since 1998: Matthew W.
Kuhns, CFA, Vice President and Portfolio Manager, Transamerica Investment
Services. Also manages the Transamerica Bond Fund, since 1998. Was
co-manager of the Transamerica Premier Bond Fund and the Transamerica Bond
Fund. Member of the Bond Club of Los Angeles. M.B.A., University of
Southern California. B.A., University of California, Berkeley. Joined
Transamerica in 1991.
Co-Manager since 1999: Heidi Y. Hu, CFA, Vice President and Portfolio
Manager, Transamerica Investment Services. Also manages the Transamerica
Income Shares and co-manages the Transamerica Bond Fund, since 1999. Member
of the Los Angeles Society of Financial Analysts. Portfolio Manager, Arco
Investment Management Company, 1994-1998. B.S., Lewis and Clark College.
M.B.A., University of Chicago. Joined Transamerica in 1998.
Transamerica Premier Cash Reserve Fund Primary Manager since 1999: Rex A.
Olson, CFA, Securities Analyst, Transamerica Investment Services. Also
manages the TVIF Money Market Fund and the Transamerica Cash Management
Fund, since 1999. Was co-manager of the Transamerica Premier Cash Reserve
Fund, TVIF Money Market Fund and the Transamerica Cash Management Fund.
Member of the Los Angeles Society of Financial Analysts. Vice President,
Mitsubishi Trust, 1987-1997. B.S., University of Southern California.
Joined Transamerica in 1997.
Co-Manager since 1999: Peter O. Lopez, Senior Research Analyst,
Transamerica Investment Services. Assistant Vice President, Shields
Alliance, 1995-1997. Corporate Bond Associate, TIAA-CREF, 1993-1995. B.A.,
Arizona State University. M.B.A., University of Michigan. Joined
Transamerica in 1997.
2) On February 18, 1999, Transamerica Corporation announced that it had signed a
merger agreement with AEGON N.V., one of the world's leading international
insurance groups, providing for AEGON's acquisition of all of Transamerica's
outstanding common stock for a combination of cash and AEGON stock worth $9.7
billion. The closing of the transaction is expected to occur during the summer
of 1999.
Transamerica Corporation indirectly owns the Premier Funds' Administrator,
Transamerica Occidental Life Insurance Company, and the Distributor,
Transamerica Securities Sales Corporation, and directly owns the Investment
Adviser, Transamerica Investment Services, Inc.
