Products December 31, 2009
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.
Reported by PLANADVISER Staff
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.
The extension of this purchase privilege is in addition to fee reductions to Transamerica Short-Term Bond that were implemented earlier in 2009.
You Might Also Like:
Evaluating a Retirement Income ‘Easy Button’
Morningstar researchers delve into the promise, and difficulties, of target-date series investment options with annuities.
Crossmark’s Doll Named CEO, Keeping CIO Role
Bob Doll, known for his annual market predictions, is adding the CEO and president roles to his position as Mike...
Crossmark’s Doll Projects Long-Predicted Recession to Materialize in 2024
Market forecaster Bob Doll believes a shallow recession is due, given lagging effects of monetary tightening.