Transamerica Asset Management (TAM) provides investment management services to investment companies registered under the Investment Company Act of 1940, unregistered pooled investment vehicles, and an affiliated recordkeeper and administrator. TAM manages various funds, including Transamerica Funds and Transamerica Series Trust, overseeing their investments and providing administrative services. TAM also offers non-discretionary investment advice to Transamerica Trust Company for collective investment trusts.
Fee Structure
Transamerica Asset Management (TAM) does not directly manage investments for individual investors. TAM primarily provides investment management services to registered investment companies and pooled investment vehicles. Fees for these services are calculated as a percentage of the fund's average daily net assets and are paid monthly. The management fees vary based on the asset class and investment style of the fund.