TRANSAMERICA PREMIER FUNDS
INVESTOR SHARES
Supplement Dated February 10, 2000
to Prospectus Dated May 1, 1999
Effective January 1, 2000, the Funds' Investment Adviser is Transamerica
Investment Management, LLC, and the reference to Transamerica Investment
Services, Inc., ("TIS") on the top of page 2 is changed to Transamerica
Investment Management, LLC. The statement regarding TIS managing over $40
billion in assets is deleted.
Throughout the prospectus, references to Investment Adviser are now to
Transamerica Investment Management, LLC.
The first paragraph on page 20 of the prospectus under "Investment Adviser" is
supplemented with the following:
Effective January 1, 2000, Transamerica Investment Management, LLC,
replaced Transamerica Investment Services, Inc., as the Funds'
Investment Adviser and assumed the portfolio management responsibility
for the Funds. Transamerica Investment Management, LLC, was formed as a
Delaware limited liability company December 1, 1999. Transamerica
Investment Services, Inc., owns all of the capital interests and at
least 80% of the profit interests of Transamerica Investment
Management, LLC. Certain investment professionals and officers own the
remainder of the profit interests. Under an agreement with Transamerica
Investment Management, LLC, Transamerica Investment Services, Inc.,
provides Transamerica Investment Management, LLC, with certain
investment research and other services and, in this regard, it serves
as sub-adviser to the Funds. There has been no change in the Funds'
managers as a result of this restructuring, and the restructuring does
not otherwise involve a change in actual control or management of the
Funds' Investment Adviser. There has been no change in fees paid the
Investment Adviser. The address of Transamerica Investment Management,
LLC, is the Los Angeles address of the Investment Adviser listed on
page 20 and its duties are those described on page 20.
THE FOLLOWING INFORMATION SUPPLEMENTS THE INVESTMENT ADVISER SECTION of the
prospectus (on pages 20-21) which identifies the managers for each of the Funds.
It incorporates previous supplements to the May 1, 1999, prospectus and, for
your reading convenience, restates some information which has not changed since
the May 1 prospectus. You should read this supplement together with the
prospectus.
TRANSAMERICA PREMIER AGGRESSIVE GROWTH FUND
PRIMARY MANAGER SINCE 1999: CHRISTOPHER J. BONAVICO, CFA, Vice
President and Fund Manager, Transamerica Investment Services. Manager
of the Transamerica Aggressive Growth Fund, Transamerica Premier Small
Company Fund, Transamerica Small Company Fund, and a Transamerica
corporate account. Was manager of the Transamerica Value Fund and
co-manager of the Transamerica Premier Aggressive Growth Fund, the
Transamerica Premier Small Company Fund, the Transamerica Premier
Balanced Fund and Transamerica Premier Index Fund from 1998 to 1999.
Was manager of the Transamerica Premier Index Fund from inception to
1998. B.S., University of Delaware. Joined Transamerica in 1993.
CO-MANAGER SINCE 1999: DANIEL J. PRISLIN
(See Value Fund below for biography.)
TRANSAMERICA PREMIER SMALL COMPANY FUND
PRIMARY MANAGER SINCE 1999: CHRISTOPHER J. BONAVICO
(See Aggressive Growth Fund above for biography.)
CO-MANAGER SINCE 1999: TIMOTHY S. GAUMER, CFA, Equity Analyst,
Transamerica Investment Services. Primary manager of a Transamerica
corporate account. Co-Manager of the Transamerica Small Company Fund
since l999. Member of The Security Analysts of San Francisco. Equity
analyst, Chancellor LGT Asset Management, 1995-1997. Senior analyst,
Emerging Growth Management, 1994-1995. B.S., University of Illinois.
MBA, University of Dallas. Joined Transamerica in 1997.
TRANSAMERICA PREMIER EQUITY FUND PRIMARY MANAGER SINCE 1998 : JEFFREY
S. VAN HARTE (See Equity Fund on page 20 of the prospectus for
biography.)
CO-MANAGER SINCE 1999: GARY U. ROLLE'
(See Balanced Fund on page 20 of the prospectus for biography.)
TRANSAMERICA PREMIER INDEX FUND
PRIMARY MANAGER SINCE 1998: LISA L. HANSEN (See Index Fund on page 20
of the prospectus for biography.)
CO-MANAGER SINCE 2000: THOMAS J. RAY, CFA, Vice President and
Portfolio Manager, Transamerica Investment Services. Member of the Los
Angeles Society of Financial Analysts and Bond Club of Los Angeles.
MS, University of Wisconsin-Madison. B.B.A., University of
Wisconsin-Madison. Course Administrator, University of
Wisconsin-Madison Graduate School of Business, 1990-1991. Financial
Analyst, Madison Valuation Associates, 1989-1991. Joined Transamerica
in 1991.
TRANSAMERICA PREMIER VALUE FUND PRIMARY MANAGER SINCE 1999: DANIEL J.
PRISLIN, CFA, Equity Analyst, Transamerica Investment Services.
Primary manager of the Transamerica Value Fund and a Transamerica
corporate account. Co-Manager of the Transamerica Premier Aggressive
Growth Fund and the Transamerica Aggressive Growth Fund. Assistant
portfolio manager, Franklin Templeton Group, 1994-1998. B.S.,
University of California at Berkeley. MBA, University of California at
Berkeley. Joined Transamerica in 1998.
CO-MANAGER SINCE 1998: JEFFREY S. VAN HARTE (See Equity Fund on page 20
of prospectus for biography.)
TRANSAMERICA PREMIER BALANCED FUND
PRIMARY MANAGER SINCE 1998: GARY U. ROLLE' (See Balanced Fund on page
20 of prospectus for biography.)
CO-MANAGER SINCE 1999: JEFFREY S. VAN HARTE (See Equity Fund on page 20
of the prospectus for biography.)
CO-MANAGER SINCE 1999: HEIDI Y. HU (See Bond Fund on page 21 of
prospectus for biography.)
TRANSAMERICA PREMIER BOND FUND
PRIMARY MANAGER SINCE 1998: MATTHEW W. KUHNS (See Bond Fund on page 20
of the prospectus for his biography.)
CO-MANAGER SINCE 1999: HEIDI Y. HU
(See Bond Fund on page 21 of prospectus for biography.)
TRANSAMERICA PREMIER HIGH YIELD BOND FUND
PRIMARY MANAGER SINCE 1998: MATTHEW W. KUHNS (See Bond Fund on page 20
of the prospectus for his biography.)
CO-MANAGER SINCE 1999: THOMAS J. RAY
(See Index Fund above for biography.)
CO-MANAGER SINCE 1999: EDWARD S. HAN
(See Cash Reserve below for biography.)
TRANSAMERICA PREMIER CASH RESERVE PRIMARY MANAGER SINCE 1999: EDWARD
S. HAN, Securities Analyst, Transamerica Investment Services. MBA,
Darden Graduate School of Business Administration at the University of
Virginia. BA, University of California at Irvine. Vice
President-Health Care Finance Group, Bank of America, 1993-1998.
Joined Transamerica in 1998.
CO-MANAGER SINCE 1999: HEIDI Y. HU
(See Bond Fund on page 21 of prospectus for biography.)
THE FOLLOWING CHANGES WERE MADE TO THE YOUR GUIDE TO: DIVIDENDS & CAPITAL GAINS,
FACTS ABOUT THE PREMIER CASH RESERVE FUND SECTION OF THE PROSPECTUS on page 31,
effective August 11, 1999, as stated in an August 11, 1999, supplement to the
prospectus.
|X| Dividends on the Premier Cash Reserve Fund are determined daily but paid
monthly. |X| You will begin earning these dividends on the next business day
after your purchase is effective. |X| You will earn dividends on the day your
redemption is paid.
THE FOLLOWING INFORMATION REPLACES THE AEGON AGREEMENT SECTION of the prospectus
on page 21.
AEGON Acquisition
On July 21, 1999, Transamerica Corporation merged with a subsidiary of
AEGON N.V., one of the world's leading international insurance groups. As a
result of the merger, the investment advisory contracts between
Transamerica Investors, Inc. (the Premier Funds) and Transamerica
Investment Services, Inc. (TIS), the Premier Funds' investment adviser,
automatically terminated and the new investment advisory contracts between
the Premier Funds and TIS, approved at a special meeting of Premier Fund
shareholders on June 16,1999, became effective.
AEGON N.V. indirectly owns the Premier Funds' Distributor,
Transamerica Securities Sales Corporation; Investment Adviser,
Transamerica Investment Management, LLC; and Investment Sub-Adviser
and Administrator, Transamerica Investment Services, Inc.
<PAGE>
TRANSAMERICA PREMIER FUNDS
INVESTOR SHARES
Supplement Dated February 10, 2000
to Prospectus Dated May 1, 1999
Effective January 1, 2000, the Funds' Investment Adviser is Transamerica
Investment Management, LLC, and the reference to Transamerica Investment
Services, Inc., ("TIS") on the top of page 2 is changed to Transamerica
Investment Management, LLC. The statement regarding TIS managing over $40
billion in assets is deleted.
Throughout the prospectus, references to Investment Adviser are now to
Transamerica Investment Management, LLC.
The first paragraph on page 20 of the prospectus under "Investment Adviser" is
supplemented with the following:
Effective January 1, 2000, Transamerica Investment Management, LLC,
replaced Transamerica Investment Services, Inc., as the Funds'
Investment Adviser and assumed the portfolio management responsibility
for the Funds. Transamerica Investment Management, LLC, was formed as a
Delaware limited liability company December 1, 1999. Transamerica
Investment Services, Inc., owns all of the capital interests and at
least 80% of the profit interests of Transamerica Investment
Management, LLC. Certain investment professionals and officers own the
remainder of the profit interests. Under an agreement with Transamerica
Investment Management, LLC, Transamerica Investment Services, Inc.,
provides Transamerica Investment Management, LLC, with certain
investment research and other services and, in this regard, it serves
as sub-adviser to the Funds. There has been no change in the Funds'
managers as a result of this restructuring, and the restructuring does
not otherwise involve a change in actual control or management of the
Funds' Investment Adviser. There has been no change in fees paid the
Investment Adviser. The address of Transamerica Investment Management,
LLC, is the Los Angeles address of the Investment Adviser listed on
page 20 and its duties are those described on page 20.
Additionally, the Co-Manager of the Index Fund is now Thomas J. Ray.
See the December 3, 1999, prospectus supplement for his biography.
<PAGE>
TRANSAMERICA PREMIER FUNDS
INSTITUTIONAL SHARES
Supplement Dated February 10, 2000
to Prospectus Dated May 1, 1999
Effective January 1, 2000, the Funds' Investment Adviser is Transamerica
Investment Management, LLC, and the reference to Transamerica Investment
Services, Inc., ("TIS") on the top of page 2 is changed to Transamerica
Investment Management, LLC. The statement regarding TIS managing over $40
billion in assets is deleted.
Throughout the prospectus, references to Investment Adviser are now to
Transamerica Investment Management, LLC.
The first paragraph on page 20 of the prospectus under "Investment Adviser" is
supplemented with the following:
Effective January 1, 2000, Transamerica Investment Management, LLC,
replaced Transamerica Investment Services, Inc., as the Funds'
Investment Adviser and assumed the portfolio management responsibility
for the Funds. Transamerica Investment Management, LLC, was formed as a
Delaware limited liability company December 1, 1999. Transamerica
Investment Services, Inc., owns all of the capital interests and at
least 80% of the profit interests of Transamerica Investment
Management, LLC. Certain investment professionals and officers own the
remainder of the profit interests. Under an agreement with Transamerica
Investment Management, LLC, Transamerica Investment Services, Inc.,
provides Transamerica Investment Management, LLC, with certain
investment research and other services and, in this regard, it serves
as sub-adviser to the Funds. There has been no change in the Funds'
managers as a result of this restructuring, and the restructuring does
not otherwise involve a change in actual control or management of the
Funds' Investment Adviser. There has been no change in fees paid the
Investment Adviser. The address of Transamerica Investment Management,
LLC, is the Los Angeles address of the Investment Adviser listed on
page 20 and its duties are those described on page 20.
THE FOLLOWING INFORMATION SUPPLEMENTS THE INVESTMENT ADVISER SECTION of the
prospectus (on pages 20-21) which identifies the managers for each of the Funds.
It incorporates previous supplements to the May 1, 1999, prospectus and, for
your reading convenience, restates some information which has not changed since
the May 1 prospectus. You should read this supplement together with the
prospectus.
TRANSAMERICA PREMIER AGGRESSIVE GROWTH FUND
PRIMARY MANAGER SINCE 1999: CHRISTOPHER J. BONAVICO, CFA, Vice
President and Fund Manager, Transamerica Investment Services. Manager
of the Transamerica Aggressive Growth Fund, Transamerica Premier Small
Company Fund, Transamerica Small Company Fund, and a Transamerica
corporate account. Was manager of the Transamerica Value Fund and
co-manager of the Transamerica Premier Aggressive Growth Fund, the
Transamerica Premier Small Company Fund, the Transamerica Premier
Balanced Fund and Transamerica Premier Index Fund from 1998 to 1999.
Was manager of the Transamerica Premier Index Fund from inception to
1998. B.S., University of Delaware. Joined Transamerica in 1993.
CO-MANAGER SINCE 1999: DANIEL J. PRISLIN
(See Value Fund below for biography.)
TRANSAMERICA PREMIER SMALL COMPANY FUND
PRIMARY MANAGER SINCE 1999: CHRISTOPHER J. BONAVICO
(See Aggressive Growth Fund above for biography.)
CO-MANAGER SINCE 1999: TIMOTHY S. GAUMER, CFA, Equity Analyst,
Transamerica Investment Services. Primary manager of a Transamerica
corporate account. Co-Manager of the Transamerica Small Company Fund
since l999. Member of The Security Analysts of San Francisco. Equity
analyst, Chancellor LGT Asset Management, 1995-1997. Senior analyst,
Emerging Growth Management, 1994-1995. B.S., University of Illinois.
MBA, University of Dallas. Joined Transamerica in 1997.
TRANSAMERICA PREMIER EQUITY FUND PRIMARY MANAGER SINCE 1998 : JEFFREY
S. VAN HARTE (See Equity Fund on page 20 of the prospectus for
biography.)
CO-MANAGER SINCE 1999: GARY U. ROLLE'
(See Balanced Fund on page 20 of the prospectus for biography.)
TRANSAMERICA PREMIER INDEX FUND
PRIMARY MANAGER SINCE 1998: LISA L. HANSEN (See Index Fund on page 20
of the prospectus for biography.)
CO-MANAGER SINCE 2000: THOMAS J. RAY, CFA, Vice President and
Portfolio Manager, Transamerica Investment Services. Member of the Los
Angeles Society of Financial Analysts and Bond Club of Los Angeles.
MS, University of Wisconsin-Madison. B.B.A., University of
Wisconsin-Madison. Course Administrator, University of
Wisconsin-Madison Graduate School of Business, 1990-1991. Financial
Analyst, Madison Valuation Associates, 1989-1991. Joined Transamerica
in 1991.
TRANSAMERICA PREMIER VALUE FUND PRIMARY MANAGER SINCE 1999: DANIEL J.
PRISLIN, CFA, Equity Analyst, Transamerica Investment Services.
Primary manager of the Transamerica Value Fund and a Transamerica
corporate account. Co-Manager of the Transamerica Premier Aggressive
Growth Fund and the Transamerica Aggressive Growth Fund. Assistant
portfolio manager, Franklin Templeton Group, 1994-1998. B.S.,
University of California at Berkeley. MBA, University of California at
Berkeley. Joined Transamerica in 1998.
CO-MANAGER SINCE 1998: JEFFREY S. VAN HARTE (See Equity Fund on page 20
of prospectus for biography.)
TRANSAMERICA PREMIER BALANCED FUND
PRIMARY MANAGER SINCE 1998: GARY U. ROLLE' (See Balanced Fund on page
20 of prospectus for biography.)
CO-MANAGER SINCE 1999: JEFFREY S. VAN HARTE (See Equity Fund on page 20
of the prospectus for biography.)
CO-MANAGER SINCE 1999: HEIDI Y. HU (See Bond Fund on page 21 of
prospectus for biography.)
TRANSAMERICA PREMIER BOND FUND
PRIMARY MANAGER SINCE 1998: MATTHEW W. KUHNS (See Bond Fund on page 20
of the prospectus for his biography.)
CO-MANAGER SINCE 1999: HEIDI Y. HU
(See Bond Fund on page 21 of prospectus for biography.)
TRANSAMERICA PREMIER HIGH YIELD BOND FUND
PRIMARY MANAGER SINCE 1998: MATTHEW W. KUHNS (See Bond Fund on page 20
of the prospectus for his biography.)
CO-MANAGER SINCE 1999: THOMAS J. RAY
(See Index Fund above for biography.)
CO-MANAGER SINCE 1999: EDWARD S. HAN
(See Cash Reserve below for biography.)
TRANSAMERICA PREMIER CASH RESERVE PRIMARY MANAGER SINCE 1999: EDWARD
S. HAN, Securities Analyst, Transamerica Investment Services. MBA,
Darden Graduate School of Business Administration at the University of
Virginia. BA, University of California at Irvine. Vice
President-Health Care Finance Group, Bank of America, 1993-1998.
Joined Transamerica in 1998.
CO-MANAGER SINCE 1999: HEIDI Y. HU
(See Bond Fund on page 21 of prospectus for biography.)
THE FOLLOWING CHANGES WERE MADE TO THE YOUR GUIDE TO: DIVIDENDS & CAPITAL GAINS,
FACTS ABOUT THE PREMIER CASH RESERVE FUND SECTION OF THE PROSPECTUS on page 31,
effective August 11, 1999, as stated in an August 11, 1999, supplement to the
prospectus.
|X| Dividends on the Premier Cash Reserve Fund are determined daily but paid
monthly. |X| You will begin earning these dividends on the next business day
after your purchase is effective. |X| You will earn dividends on the day your
redemption is paid.
THE FOLLOWING INFORMATION REPLACES THE AEGON AGREEMENT SECTION of the prospectus
on page 21.
AEGON Acquisition
On July 21, 1999, Transamerica Corporation merged with a subsidiary of
AEGON N.V., one of the world's leading international insurance groups. As a
result of the merger, the investment advisory contracts between
Transamerica Investors, Inc. (the Premier Funds) and Transamerica
Investment Services, Inc. (TIS), the Premier Funds' investment adviser,
automatically terminated and the new investment advisory contracts between
the Premier Funds and TIS, approved at a special meeting of Premier Fund
shareholders on June 16,1999, became effective.
AEGON N.V. indirectly owns the Premier Funds' Distributor,
Transamerica Securities Sales Corporation; Investment Adviser,
Transamerica Investment Management, LLC; and Investment Sub-Adviser
and Administrator, Transamerica Investment Services, Inc.
<PAGE>
TRANSAMERICA PREMIER FUNDS
INSTITUTIONAL SHARES
Supplement Dated February 10, 2000
to Prospectus Dated May 1, 1999
Effective January 1, 2000, the Funds' Investment Adviser is Transamerica
Investment Management, LLC, and the reference to Transamerica Investment
Services, Inc., ("TIS") on the top of page 2 is changed to Transamerica
Investment Management, LLC. The statement regarding TIS managing over $40
billion in assets is deleted.
Throughout the prospectus, references to Investment Adviser are now to
Transamerica Investment Management, LLC.
The first paragraph on page 20 of the prospectus under "Investment Adviser" is
supplemented with the following:
Effective January 1, 2000, Transamerica Investment Management, LLC,
replaced Transamerica Investment Services, Inc., as the Funds'
Investment Adviser and assumed the portfolio management responsibility
for the Funds. Transamerica Investment Management, LLC, was formed as a
Delaware limited liability company December 1, 1999. Transamerica
Investment Services, Inc., owns all of the capital interests and at
least 80% of the profit interests of Transamerica Investment
Management, LLC. Certain investment professionals and officers own the
remainder of the profit interests. Under an agreement with Transamerica
Investment Management, LLC, Transamerica Investment Services, Inc.,
provides Transamerica Investment Management, LLC, with certain
investment research and other services and, in this regard, it serves
as sub-adviser to the Funds. There has been no change in the Funds'
managers as a result of this restructuring, and the restructuring does
not otherwise involve a change in actual control or management of the
Funds' Investment Adviser. There has been no change in fees paid the
Investment Adviser. The address of Transamerica Investment Management,
LLC, is the Los Angeles address of the Investment Adviser listed on
page 20 and its duties are those described on page 20.
Additionally, the Co-Manager of the Index Fund is now Thomas J. Ray.
See the December 3, 1999, prospectus supplement for his biography.
<PAGE>
TRANSAMERICA PREMIER FUNDS
CLASS A AND CLASS M SHARES
Supplement Dated February 10, 2000
to Prospectus Dated May 1, 1999
Effective January 1, 2000, the Funds' Investment Adviser is Transamerica
Investment Management, LLC, and the reference to Transamerica Investment
Services, Inc., ("TIS") on the top of page 2 is changed to Transamerica
Investment Management, LLC. The statement regarding TIS managing over $40
billion in assets is deleted.
Throughout the prospectus, references to Investment Adviser are now to
Transamerica Investment Management, LLC.
The first paragraph on page 20 of the prospectus under "Investment Adviser" is
supplemented with the following:
Effective January 1, 2000, Transamerica Investment Management, LLC,
replaced Transamerica Investment Services, Inc., as the Funds'
Investment Adviser and assumed the portfolio management responsibility
for the Funds. Transamerica Investment Management, LLC, was formed as a
Delaware limited liability company December 1, 1999. Transamerica
Investment Services, Inc., owns all of the capital interests and at
least 80% of the profit interests of Transamerica Investment
Management, LLC. Certain investment professionals and officers own the
remainder of the profit interests. Under an agreement with Transamerica
Investment Management, LLC, Transamerica Investment Services, Inc.,
provides Transamerica Investment Management, LLC, with certain
investment research and other services and, in this regard, it serves
as sub-adviser to the Funds. There has been no change in the Funds'
managers as a result of this restructuring, and the restructuring does
not otherwise involve a change in actual control or management of the
Funds' Investment Adviser. There has been no change in fees paid the
Investment Adviser. The address of Transamerica Investment Management,
LLC, is the Los Angeles address of the Investment Adviser listed on
page 20 and its duties are those described on page 20.
THE FOLLOWING INFORMATION SUPPLEMENTS THE INVESTMENT ADVISER SECTION of the
prospectus (on pages 20-21) which identifies the managers for each of the Funds.
It incorporates previous supplements to the May 1, 1999, prospectus and, for
your reading convenience, restates some information which has not changed since
the May 1 prospectus. You should read this supplement together with the
prospectus.
TRANSAMERICA PREMIER AGGRESSIVE GROWTH FUND
PRIMARY MANAGER SINCE 1999: CHRISTOPHER J. BONAVICO, CFA, Vice
President and Fund Manager, Transamerica Investment Services. Manager
of the Transamerica Aggressive Growth Fund, Transamerica Premier Small
Company Fund, Transamerica Small Company Fund, and a Transamerica
corporate account. Was manager of the Transamerica Value Fund and
co-manager of the Transamerica Premier Aggressive Growth Fund, the
Transamerica Premier Small Company Fund, the Transamerica Premier
Balanced Fund and Transamerica Premier Index Fund from 1998 to 1999.
Was manager of the Transamerica Premier Index Fund from inception to
1998. B.S., University of Delaware. Joined Transamerica in 1993.
CO-MANAGER SINCE 1999: DANIEL J. PRISLIN
(See Value Fund below for biography.)
TRANSAMERICA PREMIER SMALL COMPANY FUND
PRIMARY MANAGER SINCE 1999: CHRISTOPHER J. BONAVICO
(See Aggressive Growth Fund above for biography.)
CO-MANAGER SINCE 1999: TIMOTHY S. GAUMER, CFA, Equity Analyst,
Transamerica Investment Services. Primary manager of a Transamerica
corporate account. Co-Manager of the Transamerica Small Company Fund
since l999. Member of The Security Analysts of San Francisco. Equity
analyst, Chancellor LGT Asset Management, 1995-1997. Senior analyst,
Emerging Growth Management, 1994-1995. B.S., University of Illinois.
MBA, University of Dallas. Joined Transamerica in 1997.
TRANSAMERICA PREMIER EQUITY FUND PRIMARY MANAGER SINCE 1998 : JEFFREY
S. VAN HARTE (See Equity Fund on page 20 of the prospectus for
biography.)
CO-MANAGER SINCE 1999: GARY U. ROLLE'
(See Balanced Fund on page 20 of the prospectus for biography.)
TRANSAMERICA PREMIER INDEX FUND
PRIMARY MANAGER SINCE 1998: LISA L. HANSEN (See Index Fund on page 20
of the prospectus for biography.)
CO-MANAGER SINCE 2000: THOMAS J. RAY, CFA, Vice President and
Portfolio Manager, Transamerica Investment Services. Member of the Los
Angeles Society of Financial Analysts and Bond Club of Los Angeles.
MS, University of Wisconsin-Madison. B.B.A., University of
Wisconsin-Madison. Course Administrator, University of
Wisconsin-Madison Graduate School of Business, 1990-1991. Financial
Analyst, Madison Valuation Associates, 1989-1991. Joined Transamerica
in 1991.
TRANSAMERICA PREMIER VALUE FUND PRIMARY MANAGER SINCE 1999: DANIEL J.
PRISLIN, CFA, Equity Analyst, Transamerica Investment Services.
Primary manager of the Transamerica Value Fund and a Transamerica
corporate account. Co-Manager of the Transamerica Premier Aggressive
Growth Fund and the Transamerica Aggressive Growth Fund. Assistant
portfolio manager, Franklin Templeton Group, 1994-1998. B.S.,
University of California at Berkeley. MBA, University of California at
Berkeley. Joined Transamerica in 1998.
CO-MANAGER SINCE 1998: JEFFREY S. VAN HARTE (See Equity Fund on page 20
of prospectus for biography.)
TRANSAMERICA PREMIER BALANCED FUND
PRIMARY MANAGER SINCE 1998: GARY U. ROLLE' (See Balanced Fund on page
20 of prospectus for biography.)
CO-MANAGER SINCE 1999: JEFFREY S. VAN HARTE (See Equity Fund on page 20
of the prospectus for biography.)
CO-MANAGER SINCE 1999: HEIDI Y. HU (See Bond Fund on page 21 of
prospectus for biography.)
TRANSAMERICA PREMIER BOND FUND
PRIMARY MANAGER SINCE 1998: MATTHEW W. KUHNS (See Bond Fund on page 20
of the prospectus for his biography.)
CO-MANAGER SINCE 1999: HEIDI Y. HU
(See Bond Fund on page 21 of prospectus for biography.)
TRANSAMERICA PREMIER HIGH YIELD BOND FUND
PRIMARY MANAGER SINCE 1998: MATTHEW W. KUHNS (See Bond Fund on page 20
of the prospectus for his biography.)
CO-MANAGER SINCE 1999: THOMAS J. RAY
(See Index Fund above for biography.)
CO-MANAGER SINCE 1999: EDWARD S. HAN
(See Cash Reserve below for biography.)
TRANSAMERICA PREMIER CASH RESERVE PRIMARY MANAGER SINCE 1999: EDWARD
S. HAN, Securities Analyst, Transamerica Investment Services. MBA,
Darden Graduate School of Business Administration at the University of
Virginia. BA, University of California at Irvine. Vice
President-Health Care Finance Group, Bank of America, 1993-1998.
Joined Transamerica in 1998.
CO-MANAGER SINCE 1999: HEIDI Y. HU
(See Bond Fund on page 21 of prospectus for biography.)
THE FOLLOWING CHANGES WERE MADE TO THE YOUR GUIDE TO: DIVIDENDS & CAPITAL GAINS,
FACTS ABOUT THE PREMIER CASH RESERVE FUND SECTION OF THE PROSPECTUS on page 31,
effective August 11, 1999, as stated in an August 11, 1999, supplement to the
prospectus.
|X| Dividends on the Premier Cash Reserve Fund are determined daily but paid
monthly. |X| You will begin earning these dividends on the next business day
after your purchase is effective. |X| You will earn dividends on the day your
redemption is paid.
THE FOLLOWING INFORMATION REPLACES THE AEGON AGREEMENT SECTION of the prospectus
on page 21.
AEGON Acquisition
On July 21, 1999, Transamerica Corporation merged with a subsidiary of
AEGON N.V., one of the world's leading international insurance groups. As a
result of the merger, the investment advisory contracts between
Transamerica Investors, Inc. (the Premier Funds) and Transamerica
Investment Services, Inc. (TIS), the Premier Funds' investment adviser,
automatically terminated and the new investment advisory contracts between
the Premier Funds and TIS, approved at a special meeting of Premier Fund
shareholders on June 16,1999, became effective.
AEGON N.V. indirectly owns the Premier Funds' Distributor,
Transamerica Securities Sales Corporation; Investment Adviser,
Transamerica Investment Management, LLC; and Investment Sub-Adviser
and Administrator, Transamerica Investment Services, Inc.
<PAGE>
TRANSAMERICA PREMIER FUNDS
CLASS A AND CLASS M SHARES
Supplement Dated February 10, 2000
to Prospectus Dated May 1, 1999
Effective January 1, 2000, the Funds' Investment Adviser is Transamerica
Investment Management, LLC, and the reference to Transamerica Investment
Services, Inc., ("TIS") on the top of page 2 is changed to Transamerica
Investment Management, LLC. The statement regarding TIS managing over $40
billion in assets is deleted.
Throughout the prospectus, references to Investment Adviser are now to
Transamerica Investment Management, LLC.
The first paragraph on page 20 of the prospectus under "Investment Adviser" is
supplemented with the following:
Effective January 1, 2000, Transamerica Investment Management, LLC,
replaced Transamerica Investment Services, Inc., as the Funds'
Investment Adviser and assumed the portfolio management responsibility
for the Funds. Transamerica Investment Management, LLC, was formed as a
Delaware limited liability company December 1, 1999. Transamerica
Investment Services, Inc., owns all of the capital interests and at
least 80% of the profit interests of Transamerica Investment
Management, LLC. Certain investment professionals and officers own the
remainder of the profit interests. Under an agreement with Transamerica
Investment Management, LLC, Transamerica Investment Services, Inc.,
provides Transamerica Investment Management, LLC, with certain
investment research and other services and, in this regard, it serves
as sub-adviser to the Funds. There has been no change in the Funds'
managers as a result of this restructuring, and the restructuring does
not otherwise involve a change in actual control or management of the
Funds' Investment Adviser. There has been no change in fees paid the
Investment Adviser. The address of Transamerica Investment Management,
LLC, is the Los Angeles address of the Investment Adviser listed on
page 20 and its duties are those described on page 20.
THE FOLLOWING INFORMATION AS STATED IN A DECEMBER 3, 1999, SUPPLEMENT TO THE
PROSPECTUS, SUPPLEMENTS THAT PORTION OF THE INVESTMENT ADVISER SECTION of the
prospectus (on pages 20-21) which identifies the managers for each of the Funds.
It incorporates previous supplements to the May 1, 1999, prospectus and, for
your reading convenience, restates some information which has not changed since
the May 1 prospectus. You should read this supplement together with the
prospectus.
TRANSAMERICA PREMIER AGGRESSIVE GROWTH FUND
PRIMARY MANAGER SINCE 1999: CHRISTOPHER J. BONAVICO, CFA, Vice
President and Fund Manager, Transamerica Investment Services. Manager
of the Transamerica Aggressive Growth Fund, Transamerica Premier Small
Company Fund, Transamerica Small Company Fund, and a Transamerica
corporate account. Was manager of the Transamerica Value Fund and
co-manager of the Transamerica Premier Aggressive Growth Fund, the
Transamerica Premier Small Company Fund, the Transamerica Premier
Balanced Fund and Transamerica Premier Index Fund from 1998 to 1999.
Was manager of the Transamerica Premier Index Fund from inception to
1998. B.S., University of Delaware. Joined Transamerica in 1993.
CO-MANAGER SINCE 1999: DANIEL J. PRISLIN
(See Value Fund below for biography.)
TRANSAMERICA PREMIER SMALL COMPANY FUND
PRIMARY MANAGER SINCE 1999: CHRISTOPHER J. BONAVICO
(See Aggressive Growth Fund above for biography.)
CO-MANAGER SINCE 1999: TIMOTHY S. GAUMER, CFA, Equity Analyst,
Transamerica Investment Services. Primary manager of a Transamerica
corporate account. Co-Manager of the Transamerica Small Company Fund
since l999. Member of The Security Analysts of San Francisco. Equity
analyst, Chancellor LGT Asset Management, 1995-1997. Senior analyst,
Emerging Growth Management, 1994-1995. B.S., University of Illinois.
MBA, University of Dallas. Joined Transamerica in 1997.
TRANSAMERICA PREMIER EQUITY FUND PRIMARY MANAGER SINCE 1998 : JEFFREY
S. VAN HARTE (See Equity Fund on page 20 of the prospectus for
biography.)
CO-MANAGER SINCE 1999: GARY U. ROLLE'
(See Balanced Fund on page 20 of the prospectus for biography.)
TRANSAMERICA PREMIER INDEX FUND
PRIMARY MANAGER SINCE 1998: LISA L. HANSEN (See Index Fund on page 20
of the prospectus for biography.)
CO-MANAGER SINCE 2000: THOMAS J. RAY, CFA, Vice President and
Portfolio Manager, Transamerica Investment Services. Member of the Los
Angeles Society of Financial Analysts and Bond Club of Los Angeles.
MS, University of Wisconsin-Madison. B.B.A., University of
Wisconsin-Madison. Course Administrator, University of
Wisconsin-Madison Graduate School of Business, 1990-1991. Financial
Analyst, Madison Valuation Associates, 1989-1991. Joined Transamerica
in 1991.
TRANSAMERICA PREMIER VALUE FUND PRIMARY MANAGER SINCE 1999: DANIEL J.
PRISLIN, CFA, Equity Analyst, Transamerica Investment Services.
Primary manager of the Transamerica Value Fund and a Transamerica
corporate account. Co-Manager of the Transamerica Premier Aggressive
Growth Fund and the Transamerica Aggressive Growth Fund. Assistant
portfolio manager, Franklin Templeton Group, 1994-1998. B.S.,
University of California at Berkeley. MBA, University of California at
Berkeley. Joined Transamerica in 1998.
CO-MANAGER SINCE 1998: JEFFREY S. VAN HARTE (See Equity Fund on page 20
of prospectus for biography.)
TRANSAMERICA PREMIER BALANCED FUND
PRIMARY MANAGER SINCE 1998: GARY U. ROLLE' (See Balanced Fund on page
20 of prospectus for biography.)
CO-MANAGER SINCE 1999: JEFFREY S. VAN HARTE (See Equity Fund on page 20
of the prospectus for biography.)
CO-MANAGER SINCE 1999: HEIDI Y. HU (See Bond Fund on page 21 of
prospectus for biography.)
TRANSAMERICA PREMIER BOND FUND
PRIMARY MANAGER SINCE 1998: MATTHEW W. KUHNS (See Bond Fund on page 20
of the prospectus for his biography.)
CO-MANAGER SINCE 1999: HEIDI Y. HU
(See Bond Fund on page 21 of prospectus for biography.)
TRANSAMERICA PREMIER CASH RESERVE PRIMARY MANAGER SINCE 1999: EDWARD
S. HAN, Securities Analyst, Transamerica Investment Services. MBA,
Darden Graduate School of Business Administration at the University of
Virginia. BA, University of California at Irvine. Vice
President-Health Care Finance Group, Bank of America, 1993-1998.
Joined Transamerica in 1998.
CO-MANAGER SINCE 1999: HEIDI Y. HU
(See Bond Fund on page 21 of prospectus for biography.)
THE FOLLOWING CHANGES WERE MADE TO THE YOUR GUIDE TO: DIVIDENDS & CAPITAL GAINS,
FACTS ABOUT THE PREMIER CASH RESERVE FUND SECTION OF THE PROSPECTUS on page 31,
effective August 11, 1999, as stated in an August 11, 1999, supplement to the
prospectus.
|X| Dividends on the Premier Cash Reserve Fund are determined daily but paid
monthly. |X| You will begin earning these dividends on the next business day
after your purchase is effective. |X| You will earn dividends on the day your
redemption is paid.
THE FOLLOWING INFORMATION REPLACES THE AEGON AGREEMENT SECTION of the prospectus
on page 21.
AEGON Acquisition
On July 21, 1999, Transamerica Corporation merged with a subsidiary of
AEGON N.V., one of the world's leading international insurance groups. As a
result of the merger, the investment advisory contracts between
Transamerica Investors, Inc. (the Premier Funds) and Transamerica
Investment Services, Inc. (TIS), the Premier Funds' investment adviser,
automatically terminated and the new investment advisory contracts between
the Premier Funds and TIS, approved at a special meeting of Premier Fund
shareholders on June 16,1999, became effective.
AEGON N.V. indirectly owns the Premier Funds' Distributor,
Transamerica Securities Sales Corporation; Investment Adviser,
Transamerica Investment Management, LLC; and Investment Sub-Adviser
and Administrator, Transamerica Investment Services, Inc.
<PAGE>
TRANSAMERICA PREMIER FUNDS
CLASS A & CLASS M SHARES
Supplement Dated February 10, 2000
to Prospectus Dated May 1, 1999
Effective January 1, 2000, the Funds' Investment Adviser is Transamerica
Investment Management, LLC, and the reference to Transamerica Investment
Services, Inc., ("TIS") on the top of page 2 is changed to Transamerica
Investment Management, LLC. The statement regarding TIS managing over $40
billion in assets is deleted.
Throughout the prospectus, references to Investment Adviser are now to
Transamerica Investment Management, LLC.
The first paragraph on page 20 of the prospectus under "Investment Adviser" is
supplemented with the following:
Effective January 1, 2000, Transamerica Investment Management, LLC,
replaced Transamerica Investment Services, Inc., as the Funds'
Investment Adviser and assumed the portfolio management responsibility
for the Funds. Transamerica Investment Management, LLC, was formed as a
Delaware limited liability company December 1, 1999. Transamerica
Investment Services, Inc., owns all of the capital interests and at
least 80% of the profit interests of Transamerica Investment
Management, LLC. Certain investment professionals and officers own the
remainder of the profit interests. Under an agreement with Transamerica
Investment Management, LLC, Transamerica Investment Services, Inc.,
provides Transamerica Investment Management, LLC, with certain
investment research and other services and, in this regard, it serves
as sub-adviser to the Funds. There has been no change in the Funds'
managers as a result of this restructuring, and the restructuring does
not otherwise involve a change in actual control or management of the
Funds' Investment Adviser. There has been no change in fees paid the
Investment Adviser. The address of Transamerica Investment Management,
LLC, is the Los Angeles address of the Investment Adviser listed on
page 20 and its duties are those described on page 20.
Additionally, the Co-Manager of the Index Fund is now Thomas J. Ray.
See the December 3, 1999, prospectus supplement for his biography.
