Transamerica Extends Bond Fund Purchase Minimum

Transamerica Asset Management Group (TAMG) has extended indefinitely the reduction to the purchase threshold for NAV purchases of Transamerica Short-Term Bond announced earlier this year.
On October 14, TAMG announced that the Transamerica Short-Term Bond Class A NAV purchase threshold would be reduced from $1 million to $250,000 through December 31. That threshold reduction will now be extended indefinitely into 2010.

The extension of this purchase privilege is in addition to fee reductions to Transamerica Short-Term Bond that were implemented earlier in 2009.