0001193125-13-023890.txt : 20130125 0001193125-13-023890.hdr.sgml : 20130125 20130125150715 ACCESSION NUMBER: 0001193125-13-023890 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 8 FILED AS OF DATE: 20130125 DATE AS OF CHANGE: 20130125 EFFECTIVENESS DATE: 20130125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRANSAMERICA FUNDS CENTRAL INDEX KEY: 0000787623 IRS NUMBER: 592649014 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 033-02659 FILM NUMBER: 13548483 BUSINESS ADDRESS: STREET 1: 570 CARILLON PARKWAY CITY: ST PETERSBURG STATE: FL ZIP: 33716 BUSINESS PHONE: 727-299-1800 MAIL ADDRESS: STREET 1: P.O. BOX 9015 CITY: CLEARWATER STATE: FL ZIP: 33758-9015 FORMER COMPANY: FORMER CONFORMED NAME: TRANSAMERICA IDEX MUTUAL FUNDS DATE OF NAME CHANGE: 20040301 FORMER COMPANY: FORMER CONFORMED NAME: IDEX MUTUAL FDS DATE OF NAME CHANGE: 20010504 FORMER COMPANY: FORMER CONFORMED NAME: IDEX MUTUAL FUNDS / DATE OF NAME CHANGE: 20010423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRANSAMERICA FUNDS CENTRAL INDEX KEY: 0000787623 IRS NUMBER: 592649014 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-04556 FILM NUMBER: 13548484 BUSINESS ADDRESS: STREET 1: 570 CARILLON PARKWAY CITY: ST PETERSBURG STATE: FL ZIP: 33716 BUSINESS PHONE: 727-299-1800 MAIL ADDRESS: STREET 1: P.O. BOX 9015 CITY: CLEARWATER STATE: FL ZIP: 33758-9015 FORMER COMPANY: FORMER CONFORMED NAME: TRANSAMERICA IDEX MUTUAL FUNDS DATE OF NAME CHANGE: 20040301 FORMER COMPANY: FORMER CONFORMED NAME: IDEX MUTUAL FDS DATE OF NAME CHANGE: 20010504 FORMER COMPANY: FORMER CONFORMED NAME: IDEX MUTUAL FUNDS / DATE OF NAME CHANGE: 20010423 0000787623 S000039595 Transamerica Dividend Focused C000122141 A C000122142 C C000122143 I C000122144 I2 0000787623 S000039596 Transamerica International Small Cap Value C000122145 I C000122146 I2 485BPOS 1 d423641d485bpos.htm 485BPOS 485BPOS

As filed electronically with the Securities and Exchange Commission on January 25, 2013

 

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM N-1A

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

   Registration No. 033-02659    ¨
   Pre-Effective Amendment No.    ¨
   Post-Effective Amendment No. 169    ¨

and/or

REGISTRATION STATEMENT

UNDER

THE INVESTMENT COMPANY ACT OF 1940

1940 Act File No. 811-04556

 

   Amendment No. 170    ¨     

(Check appropriate box or boxes.)

 

 

TRANSAMERICA FUNDS

(Exact Name of Registrant as Specified in Charter)

 

 

570 Carillon Parkway, St. Petersburg, Florida 33716

(Address of Principal Executive Offices) (Zip Code)

Registrant’s Telephone Number, including Area Code: (727) 299-1800

Dennis P. Gallagher, Esq., 570 Carillon Parkway St. Petersburg, Florida 33716

(Name and Address of Agent for Service)

 

 

Approximate date of proposed public offering:

It is proposed that this filing will become effective:

 

  ¨ 60 days after filing pursuant to paragraph (a) (1) of Rule 485.
  ¨ 75 days after filing pursuant to paragraph (a) (2) of Rule 485.
  ¨ On (Date) pursuant to paragraph (a) (1) of Rule 485.
  ¨ On (Date) pursuant to paragraph (a) (2) of Rule 485.
  þ Immediately upon filing pursuant to paragraph (b) of Rule 485.
  ¨ On (Date) pursuant to paragraph (b) of Rule 485.

If appropriate, check the following box:

 

  ¨ This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 

 

 


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant has duly caused this Post-Effective Amendment No. 169 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of St. Petersburg and the State of Florida, on the 25th day of January, 2013.

 

TRANSAMERICA FUNDS
/s/ Thomas A. Swank
Thomas A. Swank
Trustee, President and Chief Executive Officer

Pursuant to the requirements of the Securities Act, this Post-Effective Amendment No. 169 to its Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

 

/s/ Thomas A. Swank

   Trustee, President and   January 25, 2013

Thomas A. Swank

   Chief Executive Officer  

/s/ Sandra N. Bane

   Trustee   January 25, 2013

Sandra N. Bane*

    

/s/ Leo J. Hill

   Trustee   January 25, 2013

Leo J. Hill*

    

/s/ David W. Jennings

   Trustee   January 25, 2013

David W. Jennings*

    

/s/ Russell A. Kimball, Jr.

   Trustee   January 25, 2013

Russell A. Kimball, Jr.*

    

/s/ Eugene M. Mannella

   Trustee   January 25, 2013

Eugene M. Mannella*

    

/s/ Norman R. Nielsen

   Trustee   January 25, 2013

Norman R. Nielsen*

    

/s/ Joyce G. Norden

   Trustee   January 25, 2013

Joyce G. Norden*

    

/s/ Patricia L. Sawyer

   Trustee   January 25, 2013

Patricia L. Sawyer*

    

/s/ John W. Waechter

   Trustee   January 25, 2013

John W. Waechter*

    

/s/ Alan F. Warrick

   Trustee   January 25, 2013

Alan F. Warrick*

    

/s/ Elizabeth Strouse

  

Vice President, Treasurer and Principal

Financial Officer

  January 25, 2013

Elizabeth Strouse

    

/s/ Dennis P. Gallagher

     January 25, 2013

*By: Dennis P. Gallagher

        Dennis P. Gallagher**

    

 

** Attorney-in-fact pursuant to powers of attorney previously filed.


Exhibits Filed With

Post-Effective Amendment No. 169 to

Registration Statement on

Form N-1A

Transamerica Funds

Registration No033-02659

Exhibit Index

 

Exhibit No.

    
EX-101.INS    XBRL Instance Document
EX-101.CAL    XBRL Taxonomy Calculation Linkbase Document
EX-101.DEF    XBRL Taxonomy Extension Definition Linkbase Document
EX-101.LAB    XBRL Taxonomy Extension Labels Linkbase Document
EX-101.SCH    XBRL Taxonomy Extension Schema Document
EX-101.PRE    XBRL Taxonomy Presentation Linkbase Document
EX-101.INS 2 tf1-20130103.xml XBRL INSTANCE DOCUMENT 0000787623 tf1:S000039595Member tf1:ClassITwoSharesMember 2012-01-05 2013-01-04 0000787623 2012-01-05 2013-01-04 0000787623 tf1:S000039595Member tf1:ClassITwoSharesMember tf1:C000122144Member 2012-01-05 2013-01-04 0000787623 tf1:S000039595Member tf1:ClassAciMember 2012-01-05 2013-01-04 0000787623 tf1:S000039596Member tf1:ClassIMember 2012-01-05 2013-01-04 0000787623 tf1:S000039595Member tf1:ClassAciMember tf1:C000122141Member 2012-01-05 2013-01-04 0000787623 tf1:S000039595Member tf1:ClassAciMember tf1:C000122142Member 2012-01-05 2013-01-04 0000787623 tf1:S000039595Member tf1:ClassAciMember tf1:C000122143Member 2012-01-05 2013-01-04 0000787623 tf1:S000039596Member tf1:ClassIMember tf1:C000122145Member 2012-01-05 2013-01-04 0000787623 tf1:S000039596Member tf1:ClassITwoSharesMember 2012-01-05 2013-01-04 0000787623 tf1:S000039596Member tf1:ClassITwoSharesMember tf1:C000122146Member 2012-01-05 2013-01-04 pure iso4217:USD <b>TRANSAMERICA DIVIDEND FOCUSED</b> <b>Investment Objective:</b> 485BPOS TRANSAMERICA FUNDS 0000787623 2013-01-03 2013-01-04 false 2013-01-04 2013-01-03 Seeks total return gained from the combination of dividend yield, growth of dividends and capital appreciation. <b>Fees and Expenses:</b> This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. <b>Shareholder Fees (fees paid directly from your investment)</b> 0 0 <b>TRANSAMERICA DIVIDEND FOCUSED</b> <b>Investment Objective:</b> Seeks total return gained from the combination of dividend yield, growth of dividends and capital appreciation. <b>Fees and Expenses:</b> This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Transamerica Funds. More information about these and other discounts is available from your financial professional and in the &#8220;Waivers and/or Reductions of Charges&#8221; section on page 23 of the fund&#8217;s prospectus and in the fund&#8217;s statement of additional information (SAI) under the heading &#8220;Purchase of Shares.&#8221; <b>TRANSAMERICA INTERNATIONAL SMALL CAP VALUE</b> <b>Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</b> 0.0075 0 0.0006 <b>Investment Objective:</b> 0.0081 Seeks maximum long-term total return. 0.055 0 0 <b>Fees and Expenses:</b> This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. <b>Shareholder Fees (fees paid directly from your investment)</b> 0 0 0.01 Other expenses are based on estimates for the current fiscal year. <b>Example:</b> <b>Shareholder Fees (fees paid directly from your investment)</b> This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all shares at the end of those periods (unless otherwise indicated). The Example also assumes that your investment has a 5% return each year and that the fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: 0 83 259 <b>Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</b> 0 <b>Portfolio Turnover:</b> The fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the fund&#8217;s performance. <b>Principal Investment Strategies:</b> 0.0075 0.0075 0.0075 0.003 0.01 0 0.002 0.0019 0.0019 0.0125 0.0194 0.0094 -0.0005 -0.0004 -0.0004 0.019 0.009 0.012 The fund&#8217;s sub-adviser, Barrow, Hanley, Mewhinney &amp; Strauss, LLC (the &#8220;sub-adviser&#8221;), deploys an active strategy that seeks large and middle capitalization U.S.-listed stocks, including American Depositary Receipts (&#8220;ADRs&#8221;), which make up a portfolio that generally exhibits the following value characteristics: price/earnings and price/book ratios at or below the market (S&amp;P 500<sup>&#174;</sup> Index) and dividend yields at or above the market. In addition, the sub-adviser considers stocks for the fund that not only currently pay a dividend, but also have a consecutive 25-year history of paying cash dividends. The sub-adviser also seeks stocks that have long established histories of dividend increases in an effort to ensure that the growth of the dividend stream of the fund&#8217;s holdings will be greater than that of the market as a whole.<br/><br/>The sub-adviser utilizes a conservative orientation based on the belief that above-average returns can be achieved while taking below-average risks. The sub-adviser&#8217;s investment approach is based on an underlying philosophy that securities markets are inefficient and that these inefficiencies can be favorably exploited through adherence to a value-oriented investment process dedicated to individual stock selection on a bottom-up basis. Accordingly, the sub-adviser constructs a portfolio of individual stocks, selected on a bottom-up basis, using fundamental analysis. The sub-adviser seeks to identify companies that are undervalued and temporarily out-of-favor for reasons it can identify and understand. The sub-adviser does not attempt to time the market or rotate in and out of broad market sectors, as it believes that it is difficult, if not impossible, to add incremental value on a consistent basis by market timing.<br/><br/>The fund&#8217;s portfolio will generally consist of 35 to 45 stocks with position sizes of 1% to 5% (8% maximum position weighting). Annual portfolio turnover is anticipated to be less than 25%. If a stock held in the fund omits its dividend, the fund is not required to immediately sell the stock, but the fund will not purchase any stock that does not have a 25-year record of paying cash dividends.<br/><br/>The sub-adviser employs a fully invested strategy. Therefore, under normal market conditions, cash and cash equivalents are generally less than 5% of the fund&#8217;s assets.<br/><br/>Under adverse or unstable market, economic or political conditions, the fund may take temporary defensive positions in cash and short-term debt securities without limit. During periods of defensive investing, it will be more difficult for the fund to achieve its objective. <b>Principal Risks:</b> <b>Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</b> 0.0093 0 0.0039 0.0132 -0.001 0.0122 666 293 92 920 605 296 666 193 92 920 605 296 <b>Example:</b> This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all shares at the end of those periods (unless otherwise indicated). The Example also assumes that your investment has a 5% return each year and that the fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: <b>If the shares are redeemed at the end of each period:</b> <b>If the shares are not redeemed:</b> Risk is inherent in all investing. Many factors affect the fund's performance. There is no assurance the fund will meet its investment objective. The value of your investment in the fund, as well as the amount of return you receive on your investment, may fluctuate significantly. You may lose part or all of your investment in the fund or your investment may not perform as well as other similar investments. The following is a summary description of principal risks (in alphabetical order) of investing in the fund.<b> You may lose money if you invest in this fund.</b><ul type="square"><li><b>Cash Management and Defensive Investing &#8211;</b> Money market instruments or short-term debt securities held by the fund for cash management or defensive investing purposes can fluctuate in value. Like other fixed income securities, they are subject to risk, including market, interest rate and credit risk. If the fund holds cash uninvested, the fund will be subject to the credit risk of the depository institution holding the cash, it will not earn income on the cash and the fund&#8217;s yield will go down. To the extent that the fund&#8217;s assets are used for cash management or defensive investing purposes, it will be more difficult for the fund to achieve its objective.</li></ul><ul type="square"><li><b>Depositary Receipts &#8211;</b> Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries may adversely impact the value of depositary receipts because such restrictions may limit the ability to convert equity shares into depositary receipts and vice versa. Such restrictions may cause equity shares of the underlying issuer to trade at a discount or premium to the market price of the depositary receipts.</li></ul><ul type="square"><li><b>Equity Securities &#8211;</b> Equity securities represent an ownership interest in an issuer, rank junior in a company&#8217;s capital structure and consequently may entail greater risk of loss than debt securities. Equity securities include common and preferred stocks. Stock markets are volatile. The price of equity securities fluctuates based on changes in a company&#8217;s financial condition and overall market and economic conditions. If the market prices of the equity securities owned by the fund fall, the value of your investment in the fund will decline.</li></ul><ul type="square"><li><b>Expenses &#8211;</b> Your actual costs of investing in the fund may be higher than the expenses shown in this prospectus for a variety of reasons. For example, expense ratios may be higher than those shown if overall net assets decrease. Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile.</li></ul><ul type="square"><li><b>Focused Investing</b> &#8211; To the extent the fund invests in one or more countries, regions, sectors or industries, or in a limited number of issuers, the fund will be more susceptible to negative events affecting those countries, regions, sectors, industries or issuers. Local events, such as political upheaval, financial troubles, or natural disasters may disrupt a country&#8217;s or region&#8217;s securities markets. Geographic risk is especially high in emerging markets.</li></ul><ul type="square"><li><b>Foreign Securities &#8211;</b> Investing in foreign securities is generally riskier than investing in U.S. securities. Foreign securities are subject to a number of additional risks, including nationalization or expropriation of assets, imposition of currency controls or restrictions, confiscatory taxation, political or financial instability and other adverse economic or political developments. Lack of information and less market regulation and accounting standards also may affect the value of these securities.</li></ul><ul type="square"><li><b>Liquidity -</b> Some securities held by the fund may be difficult to sell, or illiquid, particularly during times of market turmoil. Illiquid securities may also be difficult to value. If the fund is forced to sell an illiquid asset to meet redemption requests or other cash needs, the fund may be forced to sell at a loss.</li></ul><ul type="square"><li><b>Manager &#8211;</b> The sub-adviser to the fund actively manages the fund&#8217;s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the sub-adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.</li></ul><ul type="square"><li><b>Market &#8211;</b> The market prices of the fund's securities may go down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic or political conditions, inflation, changes in interest rates or currency rates, lack of liquidity in the markets or adverse investor sentiment. Adverse market conditions may be prolonged and may not have the same impact on all types of securities. Market prices of securities also may go down due to events or conditions that affect particular sectors, industries or issuers. When market prices fall, the value of your investment will go down. The fund may experience a substantial or complete loss on any individual security. The financial crisis that began in 2008 has caused a significant decline in the value and liquidity of many securities. In response to the financial crisis, the U.S. and other governments and the Federal Reserve and certain foreign central banks have taken steps to support financial markets. The withdrawal of this support could negatively affect the value and liquidity of certain securities. In addition, legislation recently enacted in the U.S. is changing many aspects of financial regulation. The impact of the legislation on the markets, and the practical implications for market participants, may not be fully known for some time.</li></ul><ul type="square"><li><b> Medium Capitalization Companies &#8211;</b> The fund will be exposed to additional risks as a result of its investments in the securities of medium capitalization companies. Investing in medium capitalization companies involves greater risk than is customarily associated with more established companies. The prices of securities of medium capitalization companies generally are more volatile and are more likely to be adversely affected by changes in earnings results and investor expectations or poor economic or market conditions. Securities of medium capitalization companies may underperform larger capitalization companies, may be harder to sell at times and at prices the portfolio managers believe appropriate and may offer greater potential for losses.</li></ul><ul type="square"><li><b>New Fund </b>&#8211; The fund is newly-formed. Investors in the fund bear the risk that the fund may not be successful in implementing its investment strategy, and may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders.</li></ul><ul type="square"><li><b>Portfolio Selection &#8211;</b> The value of your investment may decrease if the sub-adviser&#8217;s judgment about the quality, relative yield, value or market trends affecting a particular security or issuer, industry, sector, region or market segment, or about the economy or interest rates is incorrect.</li></ul><ul type="square"><li><b>Valuation -</b> The sales price the fund could receive for any particular portfolio investment may differ from the fund's valuation of the investment, particularly for securities that trade in thin or volatile markets or that are valued using a fair value methodology.</li></ul><ul type="square"><li><b>Value Investing &#8211;</b> The prices of securities the sub-adviser believes are undervalued may not appreciate as anticipated or may go down. Value stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors &#8220;growth&#8221; stocks.</li></ul> <b>Performance:</b> No performance is shown for the fund. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors. <b>You may lose money if you invest in this fund.</b> Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors. <b>Portfolio Turnover:</b> The fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the fund&#8217;s performance. <b>Principal Investment Strategies:</b> The fund&#8217;s sub-adviser, Barrow, Hanley, Mewhinney &amp; Strauss, LLC (the &#8220;sub-adviser&#8221;), deploys an active strategy that seeks large and middle capitalization U.S.-listed stocks, including American Depositary Receipts (&#8220;ADRs&#8221;), which make up a portfolio that generally exhibits the following value characteristics: price/earnings and price/book ratios at or below the market (S&amp;P 500&#174; Index) and dividend yields at or above the market. In addition, the sub-adviser considers stocks for the fund that not only currently pay a dividend, but also have a consecutive 25-year history of paying cash dividends. The sub-adviser also seeks stocks that have long established histories of dividend increases in an effort to ensure that the growth of the dividend stream of the fund&#8217;s holdings will be greater than that of the market as a whole.<br/><br/>The sub-adviser utilizes a conservative orientation based on the belief that above-average returns can be achieved while taking below-average risks. The sub-adviser&#8217;s investment approach is based on an underlying philosophy that securities markets are inefficient and that these inefficiencies can be favorably exploited through adherence to a value-oriented investment process dedicated to individual stock selection on a bottom-up basis. Accordingly, the sub-adviser constructs a portfolio of individual stocks, selected on a bottom-up basis, using fundamental analysis. The sub-adviser seeks to identify companies that are undervalued and temporarily out-of-favor for reasons it can identify and understand. The sub-adviser does not attempt to time the market or rotate in and out of broad market sectors, as it believes that it is difficult, if not impossible, to add incremental value on a consistent basis by market timing.<br/><br/>The fund&#8217;s portfolio will generally consist of 35 to 45 stocks with position sizes of 1% to 5% (8% maximum position weighting). Annual portfolio turnover is anticipated to be less than 25%. If a stock held in the fund omits its dividend, the fund is not required to immediately sell the stock, but the fund will not purchase any stock that does not have a 25-year record of paying cash dividends.<br/><br/>The sub-adviser employs a fully invested strategy. Therefore, under normal market conditions, cash and cash equivalents are generally less than 5% of the fund&#8217;s assets.<br/><br/>Under adverse or unstable market, economic or political conditions, the fund may take temporary defensive positions in cash and short-term debt securities without limit. During periods of defensive investing, it will be more difficult for the fund to achieve its objective. <b>Example:</b> This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all shares at the end of those periods (unless otherwise indicated). The Example also assumes that your investment has a 5% return each year and that the fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: 124 408 <b>Portfolio Turnover:</b> The fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the fund&#8217;s performance. <b>Principal Investment Strategies:</b> The fund&#8217;s sub-adviser, Thompson, Siegel &amp; Walmsley, LLC (the &#8220;sub-adviser&#8221;), invests under normal circumstances, at least 80% of the fund&#8217;s net assets (plus the amount of borrowings, if any, for investment purposes) in small-capitalization companies. The fund considers small-cap companies to be those with market capitalizations between $200 million and $5 billion at the time of investment. The fund primarily invests in equity securities of small-cap companies located outside the United States. The sub-adviser will seek stocks that it believes are undervalued. The fund expects capital growth to be the predominant component of its total return.<br /><br />Generally, the fund will invest primarily in common stocks of companies listed on foreign securities exchanges, but it may also invest in depositary receipts including American Depositary Receipts (&#8220;ADRs&#8221;), Global Depositary Receipts (&#8220;GDRs&#8221;) and European Depositary Receipts (&#8220;EDRs&#8221;). Although the fund will emphasize small cap companies, it may also invest in companies of varying sizes as measured by assets, sales or market capitalization. The fund will invest primarily in securities of companies domiciled in developed markets, but may invest up to 25% of its assets in securities of companies in emerging markets. It is expected that investments will generally be diversified throughout the world and within markets in an effort to moderate specific country and currency risks.<br /><br />The sub-adviser employs a relative value process utilizing a combination of quantitative and qualitative methods based on a four-factor valuation screen designed to outperform the Morgan Stanley Capital International (&#8220;MSCI&#8221;) EAFE Small Cap Index. The sub-adviser&#8217;s analysts also perform rigorous fundamental analysis. A portfolio composed of 80-100 securities is selected as a result of this process.<br /><br />The sub-adviser employs a consistent sell discipline, regularly reviewing the investment thesis and valuation for each stock and selling those where the catalyst is no longer valid or where another stock presents a significantly better combination of risk and reward. The sub-adviser trims and reviews for elimination any stock that suffers a significant negative earnings revision and eliminates any stock whose market capitalization reaches twice the maximum market cap of the MSCI EAFE Small Cap Index.<br /><br />Under adverse or unstable market, economic or political conditions, the fund may take temporary defensive positions in cash and short-term debt securities without limit. During periods of defensive investing, it will be more difficult for the fund to achieve its objective. <b>Principal Risks:</b> <b>TRANSAMERICA INTERNATIONAL SMALL CAP VALUE</b> <b>Investment Objective:</b> Seeks maximum long-term total return. <b>Fees and Expenses:</b> This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. <b>Shareholder Fees (fees paid directly from your investment)</b> <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleShareholderFeesTransamericaDividendFocusedI2 column period compact * ~</div> <b>Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</b> <b>Portfolio Turnover:</b> The fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the fund&#8217;s performance. <b>Example:</b> This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all shares at the end of those periods (unless otherwise indicated). The Example also assumes that your investment has a 5% return each year and that the fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: <b>Principal Investment Strategies:</b> The fund&#8217;s sub-adviser, Thompson, Siegel &amp; Walmsley, LLC (the &#8220;sub-adviser&#8221;), invests under normal circumstances, at least 80% of the fund&#8217;s net assets (plus the amount of borrowings, if any, for investment purposes) in small-capitalization companies. The fund considers small-cap companies to be those with market capitalizations between $200 million and $5 billion at the time of investment. The fund primarily invests in equity securities of small-cap companies located outside the United States. The sub-adviser will seek stocks that it believes are undervalued. The fund expects capital growth to be the predominant component of its total return. <br /><br />Generally, the fund will invest primarily in common stocks of companies listed on foreign securities exchanges, but it may also invest in depositary receipts including American Depositary Receipts (&#8220;ADRs&#8221;), Global Depositary Receipts (&#8220;GDRs&#8221;) and European Depositary Receipts (&#8220;EDRs&#8221;). Although the fund will emphasize small cap companies, it may also invest in companies of varying sizes as measured by assets, sales or market capitalization. The fund will invest primarily in securities of companies domiciled in developed markets, but may invest up to 25% of its assets in securities of companies in emerging markets. It is expected that investments will generally be diversified throughout the world and within markets in an effort to moderate specific country and currency risks. <br /><br />The sub-adviser employs a relative value process utilizing a combination of quantitative and qualitative methods based on a four-factor valuation screen designed to outperform the Morgan Stanley Capital International (&#8220;MSCI&#8221;) EAFE Small Cap Index. The sub-adviser&#8217;s analysts also perform rigorous fundamental analysis. A portfolio composed of 80-100 securities is selected as a result of this process. <br /><br />The sub-adviser employs a consistent sell discipline, regularly reviewing the investment thesis and valuation for each stock and selling those where the catalyst is no longer valid or where another stock presents a significantly better combination of risk and reward. The sub-adviser trims and reviews for elimination any stock that suffers a significant negative earnings revision and eliminates any stock whose market capitalization reaches twice the maximum market cap of the MSCI EAFE Small Cap Index. <br /><br />Under adverse or unstable market, economic or political conditions, the fund may take temporary defensive positions in cash and short-term debt securities without limit. During periods of defensive investing, it will be more difficult for the fund to achieve its objective. <b>Principal Risks:</b> Risk is inherent in all investing. Many factors affect the fund's performance. There is no assurance the fund will meet its investment objective. The value of your investment in the fund, as well as the amount of return you receive on your investment, may fluctuate significantly. You may lose part or all of your investment in the fund or your investment may not perform as well as other similar investments. The following is a summary description of principal risks (in alphabetical order) of investing in the fund. <b>You may lose money if you invest in this fund.</b><ul type="square"> <li><b>Cash Management and Defensive Investing &#8211;</b> Money market instruments or short-term debt securities held by the fund for cash management or defensive investing purposes can fluctuate in value. Like other fixed income securities, they are subject to risk, including market, interest rate and credit risk. If the fund holds cash uninvested, the fund will be subject to the credit risk of the depository institution holding the cash, it will not earn income on the cash and the fund&#8217;s yield will go down. To the extent that the fund&#8217;s assets are used for cash management or defensive investing purposes, it will be more difficult for the fund to achieve its objective.</li></ul> <ul type="square"><li><b>Currency &#8211;</b> The value of the fund&#8217;s securities denominated in foreign currencies fluctuates as the rates of exchange between those currencies and the U.S. dollar change. Currency exchange rates can be volatile and are affected by, among other factors, the general economics of a country, the actions of the U.S. and foreign governments or central banks, the imposition of currency controls, and speculation. </li> </ul> <ul type="square"><li><b>Depositary Receipts &#8211;</b> Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries may adversely impact the value of depositary receipts because such restrictions may limit the ability to convert equity shares into depositary receipts and vice versa. Such restrictions may cause equity shares of the underlying issuer to trade at a discount or premium to the market price of the depositary receipts. </li> </ul> <ul type="square"><li><b>Emerging Markets &#8211;</b> Investments in the securities of issuers located in or principally doing business in emerging markets are subject to foreign securities risks. These risks are greater for investments in emerging markets. Emerging market countries tend to have economic, political and legal systems that are less fully developed and are less stable than those of more advanced countries. Low trading volumes may result in a lack of liquidity and in extreme price volatility.</li> </ul> <ul type="square"><li><b>Equity Securities &#8211;</b> Equity securities represent an ownership interest in an issuer, rank junior in a company&#8217;s capital structure and consequently may entail greater risk of loss than debt securities. Equity securities include common and preferred stocks. Stock markets are volatile. The price of equity securities fluctuates based on changes in a company&#8217;s financial condition and overall market and economic conditions. If the market prices of the equity securities owned by the fund fall, the value of your investment in the fund will decline.</li></ul> <ul type="square"> <li><b>Expenses &#8211;</b> Your actual costs of investing in the fund may be higher than the expenses shown in this prospectus for a variety of reasons. For example, expense ratios may be higher than those shown if overall net assets decrease. Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile.</li> </ul> <ul type="square"><li><b>Focused Investing &#8211;</b> To the extent the fund invests in one or more countries, regions, sectors or industries, or in a limited number of issuers, the fund will be more susceptible to negative events affecting those countries, regions, sectors, industries or issuers. Local events, such as political upheaval, financial troubles, or natural disasters may disrupt a country&#8217;s or region&#8217;s securities markets. Geographic risk is especially high in emerging markets.</li> </ul> <ul type="square"><li><b>Foreign Securities &#8211;</b> Investing in foreign securities is generally riskier than investing in U.S. securities. Foreign securities are subject to a number of additional risks, including nationalization or expropriation of assets, imposition of currency controls or restrictions, confiscatory taxation, political or financial instability and other adverse economic or political developments. Lack of information and less market regulation and accounting standards also may affect the value of these securities.</li> </ul> <ul type="square"><li><b>Liquidity -</b> Some securities held by the fund may be difficult to sell, or illiquid, particularly during times of market turmoil. Illiquid securities may also be difficult to value. If the fund is forced to sell an illiquid asset to meet redemption requests or other cash needs, the fund may be forced to sell at a loss.</li></ul> <ul type="square"> <li><b>Manager &#8211;</b> The sub-adviser to the fund actively manages the fund&#8217;s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the sub-adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.</li> </ul> <ul type="square"><li><b>Market &#8211;</b> The market prices of the fund's securities may go down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic or political conditions, inflation, changes in interest rates or currency rates, lack of liquidity in the markets or adverse investor sentiment. Adverse market conditions may be prolonged and may not have the same impact on all types of securities. Market prices of securities also may go down due to events or conditions that affect particular sectors, industries or issuers. When market prices fall, the value of your investment will go down. The fund may experience a substantial or complete loss on any individual security. The financial crisis that began in 2008 has caused a significant decline in the value and liquidity of many securities. In response to the financial crisis, the U.S. and other governments and the Federal Reserve and certain foreign central banks have taken steps to support financial markets. The withdrawal of this support could negatively affect the value and liquidity of certain securities. In addition, legislation recently enacted in the U.S. is changing many aspects of financial regulation. The impact of the legislation on the markets, and the practical implications for market participants, may not be fully known for some time. </li></ul> <ul type="square"><li><b>New Fund</b> &#8211; The fund is newly-formed. Investors in the fund bear the risk that the fund may not be successful in implementing its investment strategy, and may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders. </li> </ul> <ul type="square"><li><b>Portfolio Selection &#8211;</b> The value of your investment may decrease if the sub-adviser&#8217;s judgment about the quality, relative yield, value or market trends affecting a particular security or issuer, industry, sector, region or market segment, or about the economy or interest rates is incorrect.</li> </ul> <ul type="square"><li><b>Small Capitalization Companies &#8211;</b> The fund will be exposed to additional risks as a result of its investments in the securities of small capitalization companies. Small capitalization companies may be more at risk than larger capitalization companies because, among other things, they may have limited product lines, operating history, market or financial resources, or because they may depend on limited management groups. The prices of securities of small capitalization companies generally are more volatile than those of larger capitalization companies and are more likely to be adversely affected than larger capitalization companies by changes in earnings results and investor expectations or poor economic or market conditions. Securities of small capitalization companies may underperform larger capitalization companies, may be harder to sell at times and at prices the portfolio managers believe appropriate and may offer greater potential for losses. </li></ul> <ul type="square"> <li><b>Value Investing &#8211;</b> The prices of securities the sub-adviser believes are undervalued may not appreciate as anticipated or may go down. Value stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors &#8220;growth&#8221; stocks. </li></ul> <b>Performance:</b> No performance is shown for the fund. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors. <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleAnnualFundOperatingExpensesTransamericaDividendFocusedI2 column period compact * ~</div> <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleExpenseExampleTransposedTransamericaDividendFocusedI2 column period compact * ~</div> <b>You may lose money if you invest in this fund.</b> Other expenses are based on estimates for the current fiscal year. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors. 0 0 0.0093 0 0.0028 0.0121 <b>Principal Risks:</b> Risk is inherent in all investing. Many factors affect the fund's performance. There is no assurance the fund will meet its investment objective. The value of your investment in the fund, as well as the amount of return you receive on your investment, may fluctuate significantly. You may lose part or all of your investment in the fund or your investment may not perform as well as other similar investments. The following is a summary description of principal risks (in alphabetical order) of investing in the fund. <b>You may lose money if you invest in this fund.</b><ul type="square"><li><b>Cash Management and Defensive Investing &#8211;</b> Money market instruments or short-term debt securities held by the fund for cash management or defensive investing purposes can fluctuate in value. Like other fixed income securities, they are subject to risk, including market, interest rate and credit risk. If the fund holds cash uninvested, the fund will be subject to the credit risk of the depository institution holding the cash, it will not earn income on the cash and the fund&#8217;s yield will go down. To the extent that the fund&#8217;s assets are used for cash management or defensive investing purposes, it will be more difficult for the fund to achieve its objective.</li></ul><ul type="square"><li><b>Depositary Receipts &#8211;</b> Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries may adversely impact the value of depositary receipts because such restrictions may limit the ability to convert equity shares into depositary receipts and vice versa. Such restrictions may cause equity shares of the underlying issuer to trade at a discount or premium to the market price of the depositary receipts.</li></ul><ul type="square"><li><b>Equity Securities &#8211;</b> Equity securities represent an ownership interest in an issuer, rank junior in a company&#8217;s capital structure and consequently may entail greater risk of loss than debt securities. Equity securities include common and preferred stocks. Stock markets are volatile. The price of equity securities fluctuates based on changes in a company&#8217;s financial condition and overall market and economic conditions. If the market prices of the equity securities owned by the fund fall, the value of your investment in the fund will decline.</li></ul><ul type="square"><li><b>Expenses &#8211;</b> Your actual costs of investing in the fund may be higher than the expenses shown in this prospectus for a variety of reasons. For example, expense ratios may be higher than those shown if overall net assets decrease. Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile.</li></ul><ul type="square"><li><b>Focused Investing</b> &#8211; To the extent the fund invests in one or more countries, regions, sectors or industries, or in a limited number of issuers, the fund will be more susceptible to negative events affecting those countries, regions, sectors, industries or issuers. Local events, such as political upheaval, financial troubles, or natural disasters may disrupt a country&#8217;s or region&#8217;s securities markets. Geographic risk is especially high in emerging markets.</li></ul><ul type="square"><li><b>Foreign Securities &#8211;</b> Investing in foreign securities is generally riskier than investing in U.S. securities. Foreign securities are subject to a number of additional risks, including nationalization or expropriation of assets, imposition of currency controls or restrictions, confiscatory taxation, political or financial instability and other adverse economic or political developments. Lack of information and less market regulation and accounting standards also may affect the value of these securities.</li></ul><ul type="square"><li><b>Liquidity -</b> Some securities held by the fund may be difficult to sell, or illiquid, particularly during times of market turmoil. Illiquid securities may also be difficult to value. If the fund is forced to sell an illiquid asset to meet redemption requests or other cash needs, the fund may be forced to sell at a loss.</li></ul><ul type="square"><li><b>Manager &#8211;</b> The sub-adviser to the fund actively manages the fund&#8217;s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the sub-adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.</li></ul><ul type="square"><li><b>Market &#8211;</b> The market prices of the fund's securities may go down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic or political conditions, inflation, changes in interest rates or currency rates, lack of liquidity in the markets or adverse investor sentiment. Adverse market conditions may be prolonged and may not have the same impact on all types of securities. Market prices of securities also may go down due to events or conditions that affect particular sectors, industries or issuers. When market prices fall, the value of your investment will go down. The fund may experience a substantial or complete loss on any individual security. The financial crisis that began in 2008 has caused a significant decline in the value and liquidity of many securities. In response to the financial crisis, the U.S. and other governments and the Federal Reserve and certain foreign central banks have taken steps to support financial markets. The withdrawal of this support could negatively affect the value and liquidity of certain securities. In addition, legislation recently enacted in the U.S. is changing many aspects of financial regulation. The impact of the legislation on the markets, and the practical implications for market participants, may not be fully known for some time.</li></ul><ul type="square"><li><b>Medium Capitalization Companies &#8211;</b> The fund will be exposed to additional risks as a result of its investments in the securities of medium capitalization companies. Investing in medium capitalization companies involves greater risk than is customarily associated with more established companies. The prices of securities of medium capitalization companies generally are more volatile and are more likely to be adversely affected by changes in earnings results and investor expectations or poor economic or market conditions. Securities of medium capitalization companies may underperform larger capitalization companies, may be harder to sell at times and at prices the portfolio managers believe appropriate and may offer greater potential for losses.</li></ul><ul type="square"><li><b>New Fund</b> &#8211; The fund is newly-formed. Investors in the fund bear the risk that the fund may not be successful in implementing its investment strategy, and may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders.</li></ul><ul type="square"><li><b>Portfolio Selection &#8211;</b> The value of your investment may decrease if the sub-adviser&#8217;s judgment about the quality, relative yield, value or market trends affecting a particular security or issuer, industry, sector, region or market segment, or about the economy or interest rates is incorrect.</li></ul><ul type="square"><li><b>Valuation -</b> The sales price the fund could receive for any particular portfolio investment may differ from the fund's valuation of the investment, particularly for securities that trade in thin or volatile markets or that are valued using a fair value methodology.</li></ul><ul type="square"><li><b>Value Investing &#8211;</b> The prices of securities the sub-adviser believes are undervalued may not appreciate as anticipated or may go down. Value stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors &#8220;growth&#8221; stocks.</li></ul> 123 384 <b>Performance:</b> No performance is shown for the fund. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors. Risk is inherent in all investing. Many factors affect the fund's performance. There is no assurance the fund will meet its investment objective. The value of your investment in the fund, as well as the amount of return you receive on your investment, may fluctuate significantly. You may lose part or all of your investment in the fund or your investment may not perform as well as other similar investments. The following is a summary description of principal risks (in alphabetical order) of investing in the fund. <b>You may lose money if you invest in this fund. </b><ul type="square"><li><b>Cash Management and Defensive Investing &#8211; </b>Money market instruments or short-term debt securities held by the fund for cash management or defensive investing purposes can fluctuate in value. Like other fixed income securities, they are subject to risk, including market, interest rate and credit risk. If the fund holds cash uninvested, the fund will be subject to the credit risk of the depository institution holding the cash, it will not earn income on the cash and the fund&#8217;s yield will go down. To the extent that the fund&#8217;s assets are used for cash management or defensive investing purposes, it will be more difficult for the fund to achieve its objective.</li></ul><ul type="square"><li><b>Currency &#8211;</b> The value of the fund&#8217;s securities denominated in foreign currencies fluctuates as the rates of exchange between those currencies and the U.S. dollar change. Currency exchange rates can be volatile and are affected by, among other factors, the general economics of a country, the actions of the U.S. and foreign governments or central banks, the imposition of currency controls, and speculation.</li></ul><ul type="square"><li><b>Depositary Receipts &#8211; </b>Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries may adversely impact the value of depositary receipts because such restrictions may limit the ability to convert equity shares into depositary receipts and vice versa. Such restrictions may cause equity shares of the underlying issuer to trade at a discount or premium to the market price of the depositary receipts.</li></ul><ul type="square"><li><b>Emerging Markets &#8211; </b>Investments in the securities of issuers located in or principally doing business in emerging markets are subject to foreign securities risks. These risks are greater for investments in emerging markets. Emerging market countries tend to have economic, political and legal systems that are less fully developed and are less stable than those of more advanced countries. Low trading volumes may result in a lack of liquidity and in extreme price volatility.</li></ul><ul type="square"><li><b>Equity Securities &#8211;</b> Equity securities represent an ownership interest in an issuer, rank junior in a company&#8217;s capital structure and consequently may entail greater risk of loss than debt securities. Equity securities include common and preferred stocks. Stock markets are volatile. The price of equity securities fluctuates based on changes in a company&#8217;s financial condition and overall market and economic conditions. If the market prices of the equity securities owned by the fund fall, the value of your investment in the fund will decline.</li></ul><ul type="square"><li><b>Expenses &#8211;</b> Your actual costs of investing in the fund may be higher than the expenses shown in this prospectus for a variety of reasons. For example, expense ratios may be higher than those shown if overall net assets decrease. Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile.</li></ul><ul type="square"><li><b> Focused Investing</b> &#8211; To the extent the fund invests in one or more countries, regions, sectors or industries, or in a limited number of issuers, the fund will be more susceptible to negative events affecting those countries, regions, sectors, industries or issuers. Local events, such as political upheaval, financial troubles, or natural disasters may disrupt a country&#8217;s or region&#8217;s securities markets. Geographic risk is especially high in emerging markets.</li></ul><ul type="square"><li><b>Foreign Securities &#8211;</b> Investing in foreign securities is generally riskier than investing in U.S. securities. Foreign securities are subject to a number of additional risks, including nationalization or expropriation of assets, imposition of currency controls or restrictions, confiscatory taxation, political or financial instability and other adverse economic or political developments. Lack of information and less market regulation and accounting standards also may affect the value of these securities.</li></ul><ul type="square"><li><b> Liquidity - </b> Some securities held by the fund may be difficult to sell, or illiquid, particularly during times of market turmoil. Illiquid securities may also be difficult to value. If the fund is forced to sell an illiquid asset to meet redemption requests or other cash needs, the fund may be forced to sell at a loss.</li></ul><ul type="square"><li><b> Manager &#8211;</b> The sub-adviser to the fund actively manages the fund&#8217;s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the sub-adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.</li></ul><ul type="square"><li><b> Market &#8211;</b> The market prices of the fund's securities may go down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic or political conditions, inflation, changes in interest rates or currency rates, lack of liquidity in the markets or adverse investor sentiment. Adverse market conditions may be prolonged and may not have the same impact on all types of securities. Market prices of securities also may go down due to events or conditions that affect particular sectors, industries or issuers. When market prices fall, the value of your investment will go down. The fund may experience a substantial or complete loss on any individual security. The financial crisis that began in 2008 has caused a significant decline in the value and liquidity of many securities. In response to the financial crisis, the U.S. and other governments and the Federal Reserve and certain foreign central banks have taken steps to support financial markets. The withdrawal of this support could negatively affect the value and liquidity of certain securities. In addition, legislation recently enacted in the U.S. is changing many aspects of financial regulation. The impact of the legislation on the markets, and the practical implications for market participants, may not be fully known for some time.</li></ul><ul type="square"><li><b> New Fund </b>&#8211; The fund is newly-formed. Investors in the fund bear the risk that the fund may not be successful in implementing its investment strategy, and may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders.</li></ul><ul type="square"><li><b>Portfolio Selection &#8211;</b> The value of your investment may decrease if the sub-adviser&#8217;s judgment about the quality, relative yield, value or market trends affecting a particular security or issuer, industry, sector, region or market segment, or about the economy or interest rates is incorrect.</li></ul><ul type="square"><li><b>Small Capitalization Companies &#8211; </b>The fund will be exposed to additional risks as a result of its investments in the securities of small capitalization companies. Small capitalization companies may be more at risk than larger capitalization companies because, among other things, they may have limited product lines, operating history, market or financial resources, or because they may depend on limited management groups. The prices of securities of small capitalization companies generally are more volatile than those of larger capitalization companies and are more likely to be adversely affected than larger capitalization companies by changes in earnings results and investor expectations or poor economic or market conditions. Securities of small capitalization companies may underperform larger capitalization companies, may be harder to sell at times and at prices the portfolio managers believe appropriate and may offer greater potential for losses.</li></ul><ul type="square"><li><b> Value Investing &#8211; </b>The prices of securities the sub-adviser believes are undervalued may not appreciate as anticipated or may go down. Value stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors &#8220;growth&#8221; stocks.</li></ul> <b>Performance:</b> Other expenses are based on estimates for the current fiscal year. No performance is shown for the fund. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors. <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleAnnualFundOperatingExpensesTransamericaInternationalSmallCapValueI2 column period compact * ~</div> Other expenses are based on estimates for the current fiscal year. January 4, 2014 January 4, 2014 <b>You may lose money if you invest in this fund.</b> Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Transamerica Funds. 50000 <b>You may lose money if you invest in this fund. </b> Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors. <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleShareholderFeesTransamericaInternationalSmallCapValueI2 column period compact * ~</div> <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleExpenseExampleTransposedTransamericaInternationalSmallCapValueI2 column period compact * ~</div> <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleShareholderFeesTransamericaInternationalSmallCapValue column period compact * ~</div> <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleAnnualFundOperatingExpensesTransamericaInternationalSmallCapValue column period compact * ~</div> <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleExpenseExampleTransposedTransamericaInternationalSmallCapValue column period compact * ~</div> <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleShareholderFeesTransamericaDividendFocused column period compact * ~</div> <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleAnnualFundOperatingExpensesTransamericaDividendFocused column period compact * ~</div> <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleExpenseExampleTransposedTransamericaDividendFocused column period compact * ~</div> <div style="display:none">~ http://www.transamericafunds.com/role/ScheduleExpenseExampleNoRedemptionTransposedTransamericaDividendFocused column period compact * ~</div> Other expenses are based on estimates for the current fiscal year. Contractual arrangements have been made with the fund's investment adviser, Transamerica Asset Management, Inc. ("TAM"), through January 4, 2014, to waive fees and/or reimburse fund expenses to the extent that the fund's total operating expenses exceed 0.90%, excluding, as applicable, 12b-1 fees, acquired fund fees and expenses, interest, taxes, brokerage commissions, dividend and interest expenses on securities sold short, extraordinary expenses and other expenses not incurred in the ordinary course of the fund's business. TAM is entitled to reimbursement by the fund of fees waived or expenses reduced during any of the previous 36 months if on any day or month the estimated annualized fund operating expenses are less than the cap. Contractual arrangements have been made with the fund's investment adviser, Transamerica Asset Management, Inc. ("TAM"), through January 4, 2014, to waive fees and/or reimburse fund expenses to the extent that the fund's total operating expenses exceed 1.22%, excluding, as applicable, 12b-1 fees, acquired fund fees and expenses, interest, taxes, brokerage commissions, dividend and interest expenses on securities sold short, extraordinary expenses and other expenses not incurred in the ordinary course of the fund's business. TAM is entitled to reimbursement by the fund of fees waived or expenses reduced during any of the previous 36 months if on any day or month the estimated annualized fund operating expenses are less than the cap. EX-101.SCH 3 tf1-20130103.xsd XBRL TAXONOMY EXTENSION SCHEMA 000000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Summary {Unlabeled} - Transamerica Dividend Focused Class A C and I link:presentationLink link:calculationLink link:definitionLink 000012 - Schedule - Shareholder Fees {- Transamerica Dividend Focused} link:presentationLink link:calculationLink link:definitionLink 000013 - Schedule - Annual Fund Operating Expenses {- Transamerica Dividend Focused} link:presentationLink link:calculationLink link:definitionLink 000014 - Schedule - Expense Example {Transposed} {- Transamerica Dividend Focused} link:presentationLink link:calculationLink link:definitionLink 000015 - Schedule - Expense Example, No Redemption {Transposed} {- Transamerica Dividend Focused} link:presentationLink link:calculationLink link:definitionLink 000016 - Schedule - Annual Total Returns - Transamerica Dividend Focused [BarChart] link:presentationLink link:calculationLink link:definitionLink 000017 - Schedule - Average Annual Total Returns {Transposed} {- Transamerica Dividend Focused} link:presentationLink link:calculationLink link:definitionLink 000018 - Document - Risk/Return Detail {Unlabeled} - Transamerica Dividend Focused link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - Transamerica Dividend Focused Class A C and I link:presentationLink link:calculationLink link:definitionLink 000021 - Document - Risk/Return Summary {Unlabeled} - Transamerica International Small Cap Value Class I link:presentationLink link:calculationLink link:definitionLink 000022 - Schedule - Shareholder Fees {- Transamerica International Small Cap Value} link:presentationLink link:calculationLink link:definitionLink 000023 - Schedule - Annual Fund Operating Expenses {- Transamerica International Small Cap Value} link:presentationLink link:calculationLink link:definitionLink 000024 - Schedule - Expense Example {Transposed} {- Transamerica International Small Cap Value} link:presentationLink link:calculationLink link:definitionLink 000025 - Schedule - Expense Example, No Redemption {Transposed} {- Transamerica International Small Cap Value} link:presentationLink link:calculationLink link:definitionLink 000026 - Schedule - Annual Total Returns - Transamerica International Small Cap Value [BarChart] link:presentationLink link:calculationLink link:definitionLink 000027 - Schedule - Average Annual Total Returns {Transposed} {- Transamerica International Small Cap Value} link:presentationLink link:calculationLink link:definitionLink 000028 - Document - Risk/Return Detail {Unlabeled} - Transamerica International Small Cap Value link:presentationLink link:calculationLink link:definitionLink 000029 - Disclosure - Risk/Return Detail Data {Elements} - Transamerica International Small Cap Value Class I link:presentationLink link:calculationLink link:definitionLink 000031 - Document - Risk/Return Summary {Unlabeled} - Transamerica Dividend Focused Class I2 link:presentationLink link:calculationLink link:definitionLink 000032 - Schedule - Shareholder Fees {- Transamerica Dividend Focused I2} link:presentationLink link:calculationLink link:definitionLink 000033 - Schedule - Annual Fund Operating Expenses {- Transamerica Dividend Focused I2} link:presentationLink link:calculationLink link:definitionLink 000034 - Schedule - Expense Example {Transposed} {- Transamerica Dividend Focused I2} link:presentationLink link:calculationLink link:definitionLink 000035 - Schedule - Expense Example, No Redemption {Transposed} {- Transamerica Dividend Focused I2} link:presentationLink link:calculationLink link:definitionLink 000036 - Schedule - Annual Total Returns - Transamerica Dividend Focused I2 [BarChart] link:presentationLink link:calculationLink link:definitionLink 000037 - Schedule - Average Annual Total Returns {Transposed} {- Transamerica Dividend Focused I2} link:presentationLink link:calculationLink link:definitionLink 000038 - Document - Risk/Return Detail {Unlabeled} - Transamerica Dividend Focused I2 link:presentationLink link:calculationLink link:definitionLink 000039 - Disclosure - Risk/Return Detail Data {Elements} - Transamerica Dividend Focused Class I2 link:presentationLink link:calculationLink link:definitionLink 000041 - Document - Risk/Return Summary {Unlabeled} - Transamerica International Small Cap Value Class I2 link:presentationLink link:calculationLink link:definitionLink 000042 - Schedule - Shareholder Fees {- Transamerica International Small Cap Value I2} link:presentationLink link:calculationLink link:definitionLink 000043 - Schedule - Annual Fund Operating Expenses {- Transamerica International Small Cap Value I2} link:presentationLink link:calculationLink link:definitionLink 000044 - Schedule - Expense Example {Transposed} {- Transamerica International Small Cap Value I2} link:presentationLink link:calculationLink link:definitionLink 000045 - Schedule - Expense Example, No Redemption {Transposed} {- Transamerica International Small Cap Value I2} link:presentationLink link:calculationLink link:definitionLink 000046 - Schedule - Annual Total Returns - Transamerica International Small Cap Value I2 [BarChart] link:presentationLink link:calculationLink link:definitionLink 000047 - Schedule - Average Annual Total Returns {Transposed} {- Transamerica International Small Cap Value I2} link:presentationLink link:calculationLink link:definitionLink 000048 - Document - Risk/Return Detail {Unlabeled} - Transamerica International Small Cap Value I2 link:presentationLink link:calculationLink link:definitionLink 000049 - Disclosure - Risk/Return Detail Data {Elements} - Transamerica International Small Cap Value Class I2 link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 tf1-20130103_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 5 tf1-20130103_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 tf1-20130103_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 7 tf1-20130103_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 9 g423641g99u54.jpg GRAPHIC begin 644 g423641g99u54.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_X0!X17AI9@``24DJ``@````&`#$!`@`1 M````5@````$#!0`!````:`````,#`0`!`````````!!1`0`!`````0```!%1 M!``!````Q`X``!)1!``!````Q`X```````!-:6-R;W-O9G0@3V9F:6-E``"@ MA@$`C[$``/_;`$,`"`8&!P8%"`<'!PD)"`H,%`T,"PL,&1(3#Q0=&A\>'1H< M'"`D+B<@(BPC'!PH-RDL,#$T-#0?)SD].#(\+C,T,O_;`$,!"0D)#`L,&`T- M&#(A'"$R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R M,C(R,C(R,C(R,O_``!$(`&8`V0,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0`` M`````````0(#!`4&!P@)"@O_Q`"U$``"`0,#`@0#!04$!````7T!`@,`!!$% M$B$Q008346$'(G$4,H&1H0@C0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U M-CH.$A8:'B(F* MDI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G: MX>+CY.7FY^CIZO'R\_3U]O?X^?K_Q``?`0`#`0$!`0$!`0$!`````````0(# M!`4&!P@)"@O_Q`"U$0`"`0($!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q M$R(R@0@40I&AL<$)(S-2\!5B7J"@X2%AH>(B8J2DY25EI>8 MF9JBHZ2EIJ>HJ:JRL[2UMK>XN;K"P\3%QL?(RKR\_3U]O?X^?K_V@`,`P$``A$#$0`_`/?J**S[JYV:QI]L#_K!(Q'L`/\` M&DW8J,7)V1H4444R0HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`" MBBB@`HHHH`****`"EI*6@!*YFZN-_P`1=/M@>([&5R/]Y@/Z5TI.%)]!7DR> M,K0^.9];DAF6".V,2Q'&\D8'';KFL*]11M?N>CE^&G6YW%7M%_>]$>M45'!* M)X(Y0"`ZA@#U&1FI*W/.:MH%%%%`!1110`4444`%%%%`!1110`4444`%%%%` M!1110`4444`%%%%`!1110`4M)2T`(>1BOGZ*%SJ.IQ(LAPLH/EXZ!N^>WTYK MWRXE$%M+*>B(6/X#->!:0T<^I3/.T(#HS9F#'DG/&/XO3M7#C-7%'TF0W5.M M+R7ZGOMLNVUB7T0#]*EK,T.ZAN[%W@D@DC$KX,(8#DYYW=^>:TZ[8NZN?/5( MN,FF%%%%,@****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`** M**`"EI*6@#&\57'V7PKJE_$FX\CPA*@/,TJ)^N?Z5Y=X;$1U8>=]DV>6W_'U$\B?DO.:\[%2_?11] M7D].V7U9=[_@CV3PX;KR)UNEOP0P*F\>-B1CML[?6FW_`(QT+2]4DTZ]O?)N MHT5RAC8Y!Z$8!K-\)26J7T\4#:8"\>2+.WEC)P>Y?C'-=+!IUM;W]U>QI_I% MSM\QSW"C``]J[Z+BX^\?-XV,HU6EI\OT,3_A8'A82",ZO&)#R$\M]WY;:EM_ M&WA^[O[:QMK[S;FX?;'&(G!/!)/(''%9 MNIIW\B:BN>\&^)3XHT1KR6`6US',\,T&?]6P/`Y]B*HZMXT?P[XDM=/UBTBB ML;H'9>QR$A#G`W@CCZY[U7LI\SC;5$^TCRJ71G7T5![M5W1M'(668=\9`Z9'ZTE"3O;H-S2M?J=914%Y=Q6%E-=SMMBA0NY]@* MY_PGXDO_`!3HDFII906REVCA1Y222IQ\W''ZT*#<>;H#FD^7J=/17(Z!XGU? MQ#'?F#3K*%K*Y:V<27#'E7'UO5H_#%UJ4NFPQ7=H9?-MVF.TJF>5;' M.0,CBJ=*2=F2JD6KHZ*BN*7QEJJ^%8?$LFD02:>\8EDCAN#YL:9QG!4`X],U ML:IK[P>%6U_38HKF!8/M.V1RA9,9XX/-#I23M\OF"JQ:O\S=HKG]+\2>=X47 MQ!JJP65L\0GPKE]J'IDX'/L*6RU+7-6MUN[6PMK.UD&Z(7C,977L2J\+GTR3 M2=-J]Q\Z=K&_165I.IW5W/ M?^$<>`+$UN7CGS]^488IZ<*G-;E2TT[,I--71YU\6+C;8:=;`_?E9R/H,?UKBO"7F_P!MCR3< M[_+;_CWG6)NW\3<8KTOQ?X.N/$]W;2QWR0)#&5VLA;))SGK]*Q;#X9W5A<^? M]ML;GY2/+N+8LOUQGK7FU:-25;F2T/J\%CL+2R_V,I^\[Z6?5FWHC7::K%YO M]I%&!!^T:A%*@X_NKR:ZVN4L?"]U9W\%P(]%7RW!)BLBKX[X.[@UU1S@XQG' M&:[:2:6I\_BY0E-.#N>9ZA_R7O3?^O(_^@O6E\6\_P#"%#'7[9#C/^]3;CP= MX@G\:0^)_P"T].6XA3RU@\A]FW!&"=V<\FM/QCXF[[)7/*Y9)?#\=I M>RQPZA`PD@N8`?W4@Z$9YQZBH]-T?Q%%K=OJ&I:A870BMOLQ"1,AP6!9QR1N M.![<5#E%I.^W0M1DFUWZF%H5V^E_$V_M9+.XL[76XOM$4=P%!,R#YL8)'(R: MZ+5=-M-7\1_8+Z%9K:;39%=&_P"NB\^QJ'Q5X;U#6]0TJ[L+JVM9=.F\Y))$ M9F)[KP?NGBICIOB!O$4.IM+PUKDS2Z5.V-,OWZ#_IDY[$=O\`#I>3P\GB;X?16!G:WE$TDL,R M\E)%E<@UTNN:)8^(=*FTZ_B#PR#@]T;LP/8BL>S\-ZGI7AO2;&PU"+[7ISD[ MY4.R93NRK`'(R&Z]B*/:)I26DK_TP]FT^5ZQ,O1/$VO:5X@M?#?BNWB>6Y!% MIJ$'W9B.S#U_*KVKSC4==O+5],O+ZT@M3;-]G"$!Y!EL[F'(7;^9JS/H.HZE MK%IJNH26@DL%8PQO=C@GV`%6O#>F:EI<5TNHW%MC9SU_QJ_HFCZE:P7]OJTUG=0W4C+]_JN"3QBJ=2,9N:Z]/S0N1N"@ M^G](C>^@\2SZ=;VC>99-&E]<'L5_Y9H?JPR1_L>]9?PI;/A"5?[M]./_`!ZM M/PUX7;PIH4ME82QRW#RLXDFSC;GY0<<\+^N:K>$O#>L>%]-N;(W=E<++*\Z- ML=2';'!YZ<5+<.248OM;\1I2YE)HY[P2NN,OB;^R9;!!_:D__'S&['=[8(&. ME=AJGGCP#>"ZS]H_LU_-SUW>6<_K65X<\->(/#IU#R[W39Q>W+7+!XG78S=0 M,'I5ZXT?7;O2]4BGOK-KF^7REQ&XCABVD8`SDMDDYJJDHRG=-6T%"+C"UG?4 MX!K_`%&#X;^'K"[,5MH5^JV]S>PY:2)2>A!X&?7FN_\`$EI;Z?\`#C4K.T&+ M>'3G2/G/RA..:32?"K1>#1X;UAK>ZMEB\D-$I4E?4YZ$>WI5"'PMXBA\)W/A MU]5L[FW>)H(IY8F\Q(SP`<'!(%.4XR>]K/[_`#%&$HK;=?<OMG%>MH59%*$%2,C'3%<[IGADCP>OAW6?L]U;I"(-T0*[E'0\ M]"/:F:3I7B+0K9;"&^M-0LHAM@:Z#)*B]E)4$-C\*BI*,U9/9O\`$JG&4'=K M=+\#H;JXAL[:>ZE(5(8S(Y]%`)_QKRSQ#)?0Z#INN?V1?PWVGW?VZ69U385< M_..&)Q@@=.@KJ=0\-Z_?6=XC:I9F6^D0S9A;:D:=(T&>AYR3ZFM[4;*YU#0+ MBR<6WG3Q&-PP)CY&#[TH2C3:>XYQ.\MU3;<(L@=0,L",BK-8 M'A'2-2T'0X=+O[N"Z2W79#)&I5MN>AR>W2M^LI)*329K%MI-B4445)0444'D M=<4`<9<>,3%XP6T%Q:#34G6QD4L/-\]AD,.?N@X4\=3[5?3Q?!)K,FGI:2,( MYS;LPE3>&'?R\[MOOBI_^$1T@Z,^FM;[U<-NN&`\XL3N+;\?>SSFHI/!]K/= M1RW%[>31QS"=8Y"IPXY'S[=X&><`X_"M[TF86JHK6GCNRGBFN)+=XK6.)Y3( M)4=E"]0Z`[D)[`BJTWCT-87AM['%XEH]S`GGQR!@HYW;6^4C()!Y]*O'P1I\ MTH:]N+F\18WB1)BN0KC!RP4,W'3)-30>$K:."XAGO+NY26W:V'F%!L1A@XVJ M,M[G)IWHA:J.U#5[V'P57D4,T"02HC)EU1=H^8J2..N"`:O+X9LQIE_8/-<2)?8,SLPW$[57C`P.% M':FW2$E5*MWXP@L]3%K+:LL1G2`2&9`Q9B`"(\[BN2.:;)XQ5(C=II5Y)IWV M@6ZW:E,,V_9G;G.W=QFDE\$V6A08DW!L[BN2,C."2*RI_" MFJS3&SC+06'VT7&%N\Q!0^_B/;NR?3=M!.::5)B;JHT8?'FGS7\<2QG[-),XI8O&;SK9O%HEZ8KUFCM6WQC>ZYR",_*,*3D^E6K;P ME9VEXLL-Q-2W2Z(I*KU9E2^.;6)(XFM'2_:62)K:69$"&/&XER=N.1CUS3[?QG'?F MWCTW3;BZN)HY',8=%$>Q@K`L3CJ1@C.:L7'A"QFG-S%/<071GDF$R[6(+XW+ MA@05^4<$5;L/#]II]S!<1R3O-#"\(:1P=P9@Q)XZY`Z<4-TK:($JM]695AXK MN=3URQM[?39!9W%L\K.[*&1E<*V1GH#D>_:NJK$MO#-M97=G<6MS"BBBH+"BBB@`HHHH`*6DI:`$Q1BBB@`Q1 MBBB@`Q1BBB@`Q1BBB@`Q1BBB@`Q1BBB@`Q1BBB@`Q1BBB@`Q1BBB@`Q1BBB@ 8`Q1BBB@`Q1BBB@`Q1BBB@`Q2T44`?__9 ` end XML 10 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } EXCEL 11 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\R.#1B,V4Y,5\X-6$V7S1A.&5?.3`X9%\U,S0W M-S$P83DP,S@B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I.86UE/E)I#I7;W)K#I%>&-E;%=O#I%>&-E;%=O#I.86UE M/E)I5]4#I7;W)K#I% M>&-E;%=O#I%>&-E;%=O M6QE#I!8W1I=F53 M:&5E=#X-"B`@/'@Z4')O=&5C=%-T#I0#I0#I0&UL/CPA6V5N M9&EF72TM/@T*/"]H96%D/@T*("`\8F]D>3X-"B`@(#QP/E1H:7,@<&%G92!S M:&]U;&0@8F4@;W!E;F5D('=I=&@@36EC'10 M87)T7S(X-&(S93DQ7S@U839?-&$X95\Y,#AD7S4S-#'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^2F%N(#,L#0H) M"3(P,3,\7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^0VQA'0^4V5E:W,@=&]T86P@'0^/&(^1F5E'!E;G-E'0^/&(^4VAA6]U&EM=6T@6]U('!A>2!E86-H('EE87(@87,@82!P97)C96YT M86=E(&]F('1H92!V86QU92!O9B!Y;W5R(&EN=F5S=&UE;G0I/"]B/CQS<&%N M/CPO'!E;G-E'!E;G-E'!E;G-E M(')E:6UB=7)S96UE;G0\+W1D/@T*("`@("`@("`@("`@("`\=&0@8VQA2!O'0^/&(^17AA;7!L93H\+V(^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^5&AI&%M<&QE M(&ES(&EN=&5N9&5D('1O(&AE;'`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`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`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^5%)!3E-!345224-!($953D13/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^2F%N(#0L#0H)"3(P M,3,\'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/&(^5%)!3E-!345224-!($1) M5DE$14Y$($9/0U53140\+V(^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/&(^26YV97-T;65N="!/8FIE8W1I=F4Z/"]B/CQS M<&%N/CPO6EE;&0L(&=R;W=T:"!O M9B!D:79I9&5N9',@86YD(&-A<&ET86P@87!P'!E;G-E2&5A9&EN9SPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/&(^1F5E'0@0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$=&@^'1";&]C:SPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^5&AI6]U(&UA>2!P87D@:68@ M>6]U(&)U>2!A;F0@:&]L9"!S:&%R97,@;V8@=&AE(&9U;F0N(%EO=2!M87D@ M<75A;&EF>2!F;W(@'1=/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$=&@^6]U('!A>2!E86-H('EE87(@ M87,@82!P97)C96YT86=E(&]F('1H92!V86QU92!O9B!Y;W5R(&EN=F5S=&UE M;G0I/"]B/CQS<&%N/CPO'0@0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M=&@^7,@=')A;G-A8W1I;VX@ M8V]S=',L('-U8V@@87,@8V]M;6ES&%M<&QE+"!A9F9E8W0@=&AE(&9U M;F0F(S@R,3<['1= M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'!E;G-E0G)E86MP;VEN=$UI;FEM=6U);G9E'0^ M3W1H97(@97AP96YS97,@87)E(&)A'!E;G-E($5X86UP;&4@6TAE861I;F==/"]T9#X-"B`@("`@ M("`@/'1D(&-L87-S/3-$=&@^&%M<&QE.CPO8CX\ M'0@0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$=&@^&%M<&QE(&%S'!E;G-E2!B92!H:6=H97(@;W(@;&]W97(L(&)A'!E;G-E($5X86UP;&4@8GDL(%EE87(L($-A<'1I;VX@ M6U1E>'1=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^5EE87)#87!T:6]N/"]T9#X-"B`@("`@("`@/'1D(&-L87-S M/3-$=&5X=#X\8CY)9B!T:&4@'!E;G-E17AA;7!L94YO4F5D96UP=&EO;D)Y665A4AE861I;F<\+W1D/@T*("`@ M("`@("`\=&0@8VQA2P@365W:&EN;F5Y M("9A;7`[(%-T2!T:&%T('-E96MS M(&QA2!296-E:7!T M2!E>&AI8FET6EE;&1S(&%T(&]R(&%B M;W9E('1H92!M87)K970N($EN(&%D9&ET:6]N+"!T:&4@2!C M=7)R96YT;'D@<&%Y(&$@9&EV:61E;F0L(&)U="!A;'-O(&AA=F4@82!C;VYS M96-U=&EV92`R-2UY96%R(&AI2!C;VUP86YI97,@=&AA="!A'0@0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M=&@^'1";&]C:SPO=&0^#0H@("`@("`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`@("`@(#QT9"!C;&%S'1";&]C:SPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^3F\@<&5R9F]R;6%N8V4@:7,@65A&EM=6T@&EM M=6U386QE&EM M=6U$969E'!E M;G-E'!E;G-E'!E;G-E(')E:6UB=7)S96UE;G0\+W1D/@T*("`@("`@("`\=&0@8VQA M&%M<&QE665A65A&%M<&QE3F]2961E;7!T:6]N665A65A'!E;G-E17AA;7!L94YO4F5D96UP=&EO;EEE87(P,SPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S&EM=6T@ M&EM=6U386QE&EM M=6U$969E'!E;G-E'!E;G-E'!E;G-E(')E:6UB=7)S96UE M;G0\+W1D/@T*("`@("`@("`\=&0@8VQA&%M<&QE665A M65A&%M<&QE3F]2961E;7!T:6]N M665A65A'!E;G-E17AA;7!L94YO4F5D96UP M=&EO;EEE87(P,SPO=&0^#0H@("`@("`@(#QT9"!C;&%S&EM=6T@&EM=6U386QE&EM=6U$969E'!E M;G-E'!E;G-E'!E;G-E(')E:6UB=7)S96UE;G0\+W1D/@T*("`@("`@("`\=&0@8VQA M'!E;G-E65A'1E;G0@=&AA="!T:&4@9G5N9"=S('1O=&%L(&]P97)A=&EN9R!E M>'!E;G-E&-E960@,"XY,"4L(&5X8VQU9&EN9RP@87,@87!P;&EC86)L M92P@,3)B+3$@9F5E'!E;G-E M&5S+"!B'!E;G-E2!O9B!T:&4@<')E=FEO=7,@,S8@;6]N M=&AS(&EF(&]N(&%N>2!D87D@;W(@;6]N=&@@=&AE(&5S=&EM871E9"!A;FYU M86QI>F5D(&9U;F0@;W!E7!E.B!T M97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE M860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT M96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^0VQA'0^4V5E:W,@;6%X:6UU;2!L;VYG+71E2!I9B!Y;W4@8G5Y(&%N9"!H M;VQD('-H87)E&EM M=6T@&EM=6T@9&5F97)R960@ M'0^/&(^06YN=6%L($9U;F0@ M3W!E'!E;G-E6]U'!E;G-E'!E;G-E(')E:6UB=7)S96UE;G0\+W1D/@T*("`@("`@("`@("`@ M("`\=&0@8VQA2`T+"`R,#$T+"!T;R!W86EV92!F965S(&%N9"]O'!E;G-E&-L M=61I;F'1R86]R9&EN87)Y(&5X M<&5N'!E;G-E2!T:&4@9G5N9"!O9B!F M965S('=A:79E9"!O'!E;G-E'!E M;G-E&%M<&QE.CPO8CX\6]U M(&EN=F5S="`D,3`L,#`P(&EN('1H92!F=6YD(&9O6]U'0^/&(^ M4&]R=&9O;&EO(%1U7,@86YD('-E;&QS M('-E8W5R:71I97,@*&]R("8C.#(R,#MT=7)N&%B;&4@86-C;W5N="X@5&AE'!E;G-E'0^/&(^4')I;F-I<&%L($EN=F5S=&UE;G0@4W1R871E9VEE'0^5&AE(&9U M;F0F(S@R,3<[2P@3$Q#("AT:&4@)B,X,C(P.W-U8BUA9'9IF%T:6]N2!I;B!S96-U2!R:7-K2!#87!I=&%L($EN=&5R;F%T:6]N86P@*"8C.#(R,#M-4T-))B,X,C(Q.RD@ M14%&12!3;6%L;"!#87`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`X9%\U,S0W-S$P83DP M,S@-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,C@T8C-E.3%?.#5A M-E\T83AE7SDP.&1?-3,T-S'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R5)E9VES=')A;G1. M86UE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#Y44D%.4T%-15)) M0T$@1E5.1%,\'0@0FQO8VM= M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^51E>'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M4V5E:W,@;6%X:6UU;2!L;VYG+71E'!E;G-E2&5A9&EN9SPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/&(^1F5E'0@0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$=&@^'1";&]C:SPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^5&AI6]U(&UA>2!P87D@:68@ M>6]U(&)U>2!A;F0@:&]L9"!S:&%R97,@;V8@=&AE(&9U;F0N/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'1=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'0^/&(^4VAA6]U'!E;G-E'0^ M/&(^06YN=6%L($9U;F0@3W!E'!E;G-E6]U'0^2F%N=6%R>2`T+"`R,#$T/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S7,@86YD('-E;&QS('-E8W5R:71I97,@*&]R("8C M.#(R,#MT=7)N&%B;&4@ M86-C;W5N="X@5&AE'!E;G-E'!E;G-E M&%M<&QE(%M(96%D:6YG73PO=&0^#0H@ M("`@("`@(#QT9"!C;&%S&%M<&QE2&5A9&EN M9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/&(^17AA;7!L93H\ M+V(^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X M86UP;&4@3F%R&%M<&QE3F%R6]U(&EN=F5S="`D,3`L,#`P(&EN('1H92!F=6YD(&9O4YA'1" M;&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^5&AE(&9U;F0F M(S@R,3<[2P@3$Q#("AT:&4@)B,X,C(P.W-U8BUA9'9IF%T:6]N2!I;B!S96-U2!R:7-K2!# M87!I=&%L($EN=&5R;F%T:6]N86P@*"8C.#(R,#M-4T-))B,X,C(Q.RD@14%& M12!3;6%L;"!#87`@26YD97@N(%1H92!S=6(M861V:7-E7-I7-T(&ES(&YO(&QO M;F=E2!B971T97(@8V]M8FEN871I;VX@;V8@2!S=&]C:R!T:&%T('-U9F9E"X\8G(@+SX\8G(@+SY5;F1E6]U(')E8V5I=F4@;VX@>6]U6]U2!N;W0@<&5R9F]R;2!A2!I9B!Y;W4@:6YV97-T(&EN('1H:7,@9G5N9"X@/"]B/CQU M;"!T>7!E/3-$2!I;G-T:71U=&EO;B!H;VQD:6YG M('1H92!C87-H+"!I="!W:6QL(&YO="!E87)N(&EN8V]M92!O;B!T:&4@8V%S M:"!A;F0@=&AE(&9U;F0F(S@R,3<['1E;G0@=&AA="!T:&4@9G5N9"8C.#(Q-SMS(&%S7!E/3-$2!R96-E:7!T2!S=6)J96-T('1O(&$@9F5E(&-H87)G960@8GD@=&AE(&1E<&]S M:71A2!R96-E:7!T2!T;R!C M;VYV97)T(&5Q=6ET>2!S:&%R97,@:6YT;R!D97!O6EN9R!I7!E/3-$2!D;VEN9R!B=7-I;F5S2!D979E;&]P960@ M86YD(&%R92!L97-S('-T86)L92!T:&%N('1H;W-E(&]F(&UO2!A;F0@:6X@97AT28C.#(Q-SMS(&9I;F%N8VEA;"!C;VYD:71I;VX@86YD(&]V M97)A;&P@;6%R:V5T(&%N9"!E8V]N;VUI8R!C;VYD:71I;VYS+B!)9B!T:&4@ M;6%R:V5T('!R:6-E7!E M/3-$'!E;G-E'!E;G-E2!O9B!R96%S;VYS+B!&;W(@97AA;7!L92P@97AP M96YS92!R871I;W,@;6%Y(&)E(&AI9VAE7!E/3-$2!D:7-R=7!T(&$@8V]U;G1R>28C.#(Q-SMS(&]R(')E9VEO;B8C.#(Q M-SMS('-E8W5R:71I97,@;6%R:V5T'!R;W!R:6%T:6]N(&]F(&%S2!C;VYT2!T87AA=&EO;BP@<&]L:71I8V%L(&]R(&9I;F%N8VEA;"!I;G-T M86)I;&ET>2!A;F0@;W1H97(@861V97)S92!E8V]N;VUI8R!O2!A9F9E8W0@=&AE('9A;'5E(&]F('1H97-E('-E8W5R:71I97,N M/"]L:3X\+W5L/CQU;"!T>7!E/3-$2!T:&4@9G5N9"!M87D@ M8F4@9&EF9FEC=6QT('1O('-E;&PL(&]R(&EL;&EQ=6ED+"!P87)T:6-U;&%R M;'D@9'5R:6YG('1I;65S(&]F(&UA2!A;'-O(&)E(&1I9F9I8W5L="!T;R!V86QU92X@268@ M=&AE(&9U;F0@:7,@9F]R8V5D('1O('-E;&P@86X@:6QL:7%U:60@87-S970@ M=&\@;65E="!R961E;7!T:6]N(')E<75E2!B92!F;W)C960@=&\@7!E/3-$2!E>'!E2X@5&AE(&9I;F%N M8VEA;"!C2!A9F9E8W0@=&AE('9A;'5E(&%N9"!L:7%U:61I M='D@;V8@8V5R=&%I;B!S96-U2UF;W)M960N($EN=F5S=&]R M2!O9B!W:&EC:"!C;W5L9"!R97-U M;'0@:6X@=&AE(&9U;F0@8F5I;F<@;&EQ=6ED871E9"!A="!A;GD@=&EM92!W M:71H;W5T('-H87)E:&]L9&5R(&%P<')O=F%L(&%N9"!A="!A('1I;64@=&AA M="!M87D@;F]T(&)E(&9A=F]R86)L92!F;W(@86QL('-H87)E:&]L9&5R2P@F%T:6]N($-O;7!A;FEE M2!H M879E(&QI;6ET960@<')O9'5C="!L:6YE2!A2!T;R!B92!A9'9E2!U M;F1EF%T:6]N(&-O;7!A;FEE2!G;R!D;W=N+B!686QU M92!S=&]C:W,@87,@82!G2!;5&5X=%T\+W1D/@T*("`@("`@("`\=&0@8VQA6]U(&EN=F5S="!I;B!T:&ES M(&9U;F0N("`\+V(^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^3F\@<&5R9F]R;6%N8V4@:7,@65A'!E;G-E'!E;G-E'!E;G-E'!E;G-E(')E:6UB=7)S96UE;G0\+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E'!E;G-E17AA;7!L95EE87(P,3PO=&0^#0H@("`@("`@(#QT9"!C;&%S M&%M<&QE665A2`T+"`R,#$T+"!T;R!W86EV92!F965S(&%N M9"]O'!E;G-E&-L=61I;F'1R M86]R9&EN87)Y(&5X<&5N'!E;G-E2!T M:&4@9G5N9"!O9B!F965S('=A:79E9"!O'!E;G-E'!E;G-E'0O:F%V87-C M3X-"B`@("`\=&%B;&4@ M8VQA'0^4V5E:W,@=&]T86P@'0^/&(^1F5E'!E;G-E M2!F M&EM=6T@&EM=6T@9&5F97)R960@'0^/&(^06YN=6%L($9U;F0@3W!E'!E;G-E6]U'0^/&(^17AA;7!L93H\+V(^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^5&AI&%M<&QE(&ES(&EN M=&5N9&5D('1O(&AE;'`@>6]U(&-O;7!A&%M<&QE(&%L6]U6]U'!E;G-E($5X86UP;&4-"@T*#0H- M"BA54T0@)"D\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@("`@("`@("`@/'1H M(&-L87-S/3-$=&@^,2!Y96%R/&)R/CPO=&@^#0H@("`@("`@("`@("`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`X9%\U,S0W-S$P83DP,S@-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z M+R\O0SHO,C@T8C-E.3%?.#5A-E\T83AE7SDP.&1?-3,T-S'0O:'1M M;#L@8VAA5)E9VES=')A;G1.86UE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S M/3-$=&5X=#Y44D%.4T%-15))0T$@1E5.1%,\2!;5&5X="!";&]C:UT\+W1D/@T* M("`@("`@("`\=&0@8VQA'!E;G-E M2!F'!E;G-E'!E;G-E65A7,@86YD M('-E;&QS('-E8W5R:71I97,@*&]R("8C.#(R,#MT=7)N&%B;&4@86-C;W5N="X@5&AE'!E;G-E'!E;G-E&%M<&QE(%M(96%D:6YG73PO=&0^#0H@("`@("`@(#QT9"!C;&%S&%M<&QE2&5A9&EN9SPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/&(^17AA;7!L93H\+V(^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP;&4@3F%R&%M<&QE3F%R6]U'0^5&AE(&9U;F0F(S@R,3<[2`F86UP.R!3=')A=7-S+"!,3$,@ M*'1H92`F(S@R,C`[F%T:6]N(%4N4RXM;&ES=&5D('-T;V-K6EE;&1S(&%T(&]R(&%B;W9E('1H92!M M87)K970N($EN(&%D9&ET:6]N+"!T:&4@2!C=7)R96YT;'D@ M<&%Y(&$@9&EV:61E;F0L(&)U="!A;'-O(&AA=F4@82!C;VYS96-U=&EV92`R M-2UY96%R(&AI2!C M;VUP86YI97,@=&AA="!A&EM=6T@<&]S:71I M;VX@=V5I9VAT:6YG*2X@06YN=6%L('!O'0@0FQO8VM=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'1";&]C:SPO=&0^#0H@("`@("`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`@("`@(#QT M9"!C;&%S'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^3F\@<&5R9F]R;6%N8V4@:7,@65A&EM=6T@&EM=6U386QE&EM=6U$969E'!E;G-E'!E;G-E'!E;G-E17AA;7!L95EE87(P,3PO=&0^#0H@("`@("`@(#QT9"!C M;&%S'!E;G-E7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A'0^0VQA'0^/&(^26YV97-T;65N="!/8FIE8W1I=F4Z/"]B M/CQS<&%N/CPO&EM=6T@;&]N9RUT97)M('1O=&%L(')E='5R;BX\'!E;G-E'0^5&AI6]U(&UA M>2!P87D@:68@>6]U(&)U>2!A;F0@:&]L9"!S:&%R97,@;V8@=&AE(&9U;F0N M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`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`\=6P@ M='EP93TS1'-Q=6%R93X\;&D^/&(^3F5W($9U;F0\+V(^("8C.#(Q,3L@5&AE M(&9U;F0@:7,@;F5W;'DM9F]R;65D+B!);G9E2!N;W0@8F4@2!A('-U8V-EF4@96-O;F]M:65S(&]F M('-C86QE+"!A;GD@;V8@=VAI8V@@8V]U;&0@7!E/3-$2!OF%T:6]N($-O;7!A;FEE2!H879E(&QI;6ET M960@<')O9'5C="!L:6YE2!A2!T;R!B92!A9'9E2!U;F1EF%T:6]N(&-O;7!A;FEE2!B92!O=70@;V8@9F%V;W(@86YD('5N9&5R<&5R M9F]R;2!T:&4@;W9E&%M<&QE+"!W:&EL92!T:&4@;6%R:V5T(&9A M=F]R'0^ M3F\@<&5R9F]R;6%N8V4@:7,@65A7!E.B!T97AT+VAT;6P[(&-H87)S970] M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@ M8VAA'0^5%)! M3E-!345224-!($953D13/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^2F%N(#0L#0H)"3(P,3,\'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/&(^5%)!3E-!345224-!($E.5$523D%424].04P@4TU!3$P@0T%0 M(%9!3%5%/"]B/CQS<&%N/CPO2!;5&5X M="!";&]C:UT\+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E(%M(96%D M:6YG73PO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E'!E;G-E($YA'!E;G-E3F%R2!I9B!Y;W4@8G5Y(&%N9"!H;VQD('-H87)E'1=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^6]U('!A>2!E86-H('EE87(@87,@82!P97)C96YT86=E M(&]F('1H92!V86QU92!O9B!Y;W5R(&EN=F5S=&UE;G0I/"]B/CQS<&%N/CPO M'0^/&(^4&]R=&9O;&EO(%1U'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^5&AE(&9U;F0@<&%Y2!I;F1I M8V%T92!H:6=H97(@=')A;G-A8W1I;VX@8V]S=',@86YD(&UA>2!R97-U;'0@ M:6X@:&EG:&5R('1A>&5S('=H96X@9G5N9"!S:&%R97,@87)E(&AE;&0@:6X@ M82!T87AA8FQE(&%C8V]U;G0N(%1H97-E(&-O'1=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'!E M;G-E'!E;G-E65A'!E;G-E17AA M;7!L94AE861I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA&%M<&QE($YA'!E;G-E17AA;7!L94YA'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M5&AI&%M<&QE(&ES(&EN=&5N9&5D('1O(&AE;'`@>6]U(&-O;7!A&%M<&QE(&%L M6]U'0^/&(^4')I;F-I<&%L M($EN=F5S=&UE;G0@4W1R871E9VEE'!E8W1S(&-A<&ET86P@9W)O=W1H('1O M(&)E('1H92!P2!I;B!S96-U6]U(')E8V5I=F4@;VX@>6]U6]U2!N;W0@<&5R9F]R;2!A2!I9B!Y;W4@:6YV97-T(&EN M('1H:7,@9G5N9"X\+V(^/'5L('1Y<&4],T1S<75A2!I M;G-T:71U=&EO;B!H;VQD:6YG('1H92!C87-H+"!I="!W:6QL(&YO="!E87)N M(&EN8V]M92!O;B!T:&4@8V%S:"!A;F0@=&AE(&9U;F0F(S@R,3<['1E;G0@=&AA="!T:&4@9G5N9"8C M.#(Q-SMS(&%S7!E/3-$2`F(S@R,3$[/"]B/B!4:&4@=F%L=64@;V8@=&AE(&9U;F0F(S@R,3<[ M&-H86YG92!B971W965N M('1H;W-E(&-U2!296-E:7!T2!B92!L97-S(&QI<75I9"!T:&%N('1H92!U;F1E M7-T96US('1H870@ M87)E(&QE2X\+VQI/B`\+W5L M/B`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`@("`@("`@/'1D(&-L87-S/3-$=&@^3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/&(^66]U(&UA>2!L;W-E(&UO;F5Y(&EF('EO=2!I;G9E'0^ M/&(^4&5R9F]R;6%N8V4Z/"]B/CQS<&%N/CPO'0^4&5R M9F]R;6%N8V4@:6YF;W)M871I;VX@=VEL;"!A<'!E87(@:6X@82!F=71U&EM=6T@&EM=6U386QE&EM=6U$969E'!E;G-E'!E;G-E'!E;G-E17AA;7!L95EE87(P,3PO=&0^#0H@("`@("`@ M(#QT9"!C;&%S&%M<&QE665A'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA M5)E M9VES=')A;G1.86UE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#Y4 M4D%.4T%-15))0T$@1E5.1%,\'0^2F%N(#,L#0H)"3(P,3,\'1087)T7S(X-&(S93DQ7S@U =839?-&$X95\Y,#AD7S4S-# XML 12 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Class I | Transamerica International Small Cap Value
TRANSAMERICA INTERNATIONAL SMALL CAP VALUE
Investment Objective:
Seeks maximum long-term total return.
Fees and Expenses:
This table describes the fees and expenses that you may pay if you buy and hold shares of the fund.
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees
Class I
Transamerica International Small Cap Value
I
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) none
Maximum deferred sales charge (load) (as a percentage of purchase price or redemption proceeds, whichever is lower) none
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses
Class I
Transamerica International Small Cap Value
I
Management fees 0.93%
Distribution and service (12b-1) fees none
Other expenses [1] 0.39%
Total annual fund operating expenses 1.32%
Fee waiver and/or expense reimbursement [2] 0.10%
Total annual fund operating expenses after fee waiver and/or expense reimbursement 1.22%
[1] Other expenses are based on estimates for the current fiscal year.
[2] Contractual arrangements have been made with the fund's investment adviser, Transamerica Asset Management, Inc. ("TAM"), through January 4, 2014, to waive fees and/or reimburse fund expenses to the extent that the fund's total operating expenses exceed 1.22%, excluding, as applicable, 12b-1 fees, acquired fund fees and expenses, interest, taxes, brokerage commissions, dividend and interest expenses on securities sold short, extraordinary expenses and other expenses not incurred in the ordinary course of the fund's business. TAM is entitled to reimbursement by the fund of fees waived or expenses reduced during any of the previous 36 months if on any day or month the estimated annualized fund operating expenses are less than the cap.
Example:
This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all shares at the end of those periods (unless otherwise indicated). The Example also assumes that your investment has a 5% return each year and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example (USD $)
1 year
3 years
Class I Transamerica International Small Cap Value I
124 408
Portfolio Turnover:
The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the fund’s performance.
Principal Investment Strategies:
The fund’s sub-adviser, Thompson, Siegel & Walmsley, LLC (the “sub-adviser”), invests under normal circumstances, at least 80% of the fund’s net assets (plus the amount of borrowings, if any, for investment purposes) in small-capitalization companies. The fund considers small-cap companies to be those with market capitalizations between $200 million and $5 billion at the time of investment. The fund primarily invests in equity securities of small-cap companies located outside the United States. The sub-adviser will seek stocks that it believes are undervalued. The fund expects capital growth to be the predominant component of its total return.

Generally, the fund will invest primarily in common stocks of companies listed on foreign securities exchanges, but it may also invest in depositary receipts including American Depositary Receipts (“ADRs”), Global Depositary Receipts (“GDRs”) and European Depositary Receipts (“EDRs”). Although the fund will emphasize small cap companies, it may also invest in companies of varying sizes as measured by assets, sales or market capitalization. The fund will invest primarily in securities of companies domiciled in developed markets, but may invest up to 25% of its assets in securities of companies in emerging markets. It is expected that investments will generally be diversified throughout the world and within markets in an effort to moderate specific country and currency risks.

The sub-adviser employs a relative value process utilizing a combination of quantitative and qualitative methods based on a four-factor valuation screen designed to outperform the Morgan Stanley Capital International (“MSCI”) EAFE Small Cap Index. The sub-adviser’s analysts also perform rigorous fundamental analysis. A portfolio composed of 80-100 securities is selected as a result of this process.

The sub-adviser employs a consistent sell discipline, regularly reviewing the investment thesis and valuation for each stock and selling those where the catalyst is no longer valid or where another stock presents a significantly better combination of risk and reward. The sub-adviser trims and reviews for elimination any stock that suffers a significant negative earnings revision and eliminates any stock whose market capitalization reaches twice the maximum market cap of the MSCI EAFE Small Cap Index.

Under adverse or unstable market, economic or political conditions, the fund may take temporary defensive positions in cash and short-term debt securities without limit. During periods of defensive investing, it will be more difficult for the fund to achieve its objective.
Principal Risks:
Risk is inherent in all investing. Many factors affect the fund's performance. There is no assurance the fund will meet its investment objective. The value of your investment in the fund, as well as the amount of return you receive on your investment, may fluctuate significantly. You may lose part or all of your investment in the fund or your investment may not perform as well as other similar investments. The following is a summary description of principal risks (in alphabetical order) of investing in the fund. You may lose money if you invest in this fund.
  • Cash Management and Defensive Investing – Money market instruments or short-term debt securities held by the fund for cash management or defensive investing purposes can fluctuate in value. Like other fixed income securities, they are subject to risk, including market, interest rate and credit risk. If the fund holds cash uninvested, the fund will be subject to the credit risk of the depository institution holding the cash, it will not earn income on the cash and the fund’s yield will go down. To the extent that the fund’s assets are used for cash management or defensive investing purposes, it will be more difficult for the fund to achieve its objective.
  • Currency – The value of the fund’s securities denominated in foreign currencies fluctuates as the rates of exchange between those currencies and the U.S. dollar change. Currency exchange rates can be volatile and are affected by, among other factors, the general economics of a country, the actions of the U.S. and foreign governments or central banks, the imposition of currency controls, and speculation.
  • Depositary Receipts – Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries may adversely impact the value of depositary receipts because such restrictions may limit the ability to convert equity shares into depositary receipts and vice versa. Such restrictions may cause equity shares of the underlying issuer to trade at a discount or premium to the market price of the depositary receipts.
  • Emerging Markets – Investments in the securities of issuers located in or principally doing business in emerging markets are subject to foreign securities risks. These risks are greater for investments in emerging markets. Emerging market countries tend to have economic, political and legal systems that are less fully developed and are less stable than those of more advanced countries. Low trading volumes may result in a lack of liquidity and in extreme price volatility.
  • Equity Securities – Equity securities represent an ownership interest in an issuer, rank junior in a company’s capital structure and consequently may entail greater risk of loss than debt securities. Equity securities include common and preferred stocks. Stock markets are volatile. The price of equity securities fluctuates based on changes in a company’s financial condition and overall market and economic conditions. If the market prices of the equity securities owned by the fund fall, the value of your investment in the fund will decline.
  • Expenses – Your actual costs of investing in the fund may be higher than the expenses shown in this prospectus for a variety of reasons. For example, expense ratios may be higher than those shown if overall net assets decrease. Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile.
  • Focused Investing – To the extent the fund invests in one or more countries, regions, sectors or industries, or in a limited number of issuers, the fund will be more susceptible to negative events affecting those countries, regions, sectors, industries or issuers. Local events, such as political upheaval, financial troubles, or natural disasters may disrupt a country’s or region’s securities markets. Geographic risk is especially high in emerging markets.
  • Foreign Securities – Investing in foreign securities is generally riskier than investing in U.S. securities. Foreign securities are subject to a number of additional risks, including nationalization or expropriation of assets, imposition of currency controls or restrictions, confiscatory taxation, political or financial instability and other adverse economic or political developments. Lack of information and less market regulation and accounting standards also may affect the value of these securities.
  • Liquidity - Some securities held by the fund may be difficult to sell, or illiquid, particularly during times of market turmoil. Illiquid securities may also be difficult to value. If the fund is forced to sell an illiquid asset to meet redemption requests or other cash needs, the fund may be forced to sell at a loss.
  • Manager – The sub-adviser to the fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the sub-adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.
  • Market – The market prices of the fund's securities may go down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic or political conditions, inflation, changes in interest rates or currency rates, lack of liquidity in the markets or adverse investor sentiment. Adverse market conditions may be prolonged and may not have the same impact on all types of securities. Market prices of securities also may go down due to events or conditions that affect particular sectors, industries or issuers. When market prices fall, the value of your investment will go down. The fund may experience a substantial or complete loss on any individual security. The financial crisis that began in 2008 has caused a significant decline in the value and liquidity of many securities. In response to the financial crisis, the U.S. and other governments and the Federal Reserve and certain foreign central banks have taken steps to support financial markets. The withdrawal of this support could negatively affect the value and liquidity of certain securities. In addition, legislation recently enacted in the U.S. is changing many aspects of financial regulation. The impact of the legislation on the markets, and the practical implications for market participants, may not be fully known for some time.
  • New Fund – The fund is newly-formed. Investors in the fund bear the risk that the fund may not be successful in implementing its investment strategy, and may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders.
  • Portfolio Selection – The value of your investment may decrease if the sub-adviser’s judgment about the quality, relative yield, value or market trends affecting a particular security or issuer, industry, sector, region or market segment, or about the economy or interest rates is incorrect.
  • Small Capitalization Companies – The fund will be exposed to additional risks as a result of its investments in the securities of small capitalization companies. Small capitalization companies may be more at risk than larger capitalization companies because, among other things, they may have limited product lines, operating history, market or financial resources, or because they may depend on limited management groups. The prices of securities of small capitalization companies generally are more volatile than those of larger capitalization companies and are more likely to be adversely affected than larger capitalization companies by changes in earnings results and investor expectations or poor economic or market conditions. Securities of small capitalization companies may underperform larger capitalization companies, may be harder to sell at times and at prices the portfolio managers believe appropriate and may offer greater potential for losses.
  • Value Investing – The prices of securities the sub-adviser believes are undervalued may not appreciate as anticipated or may go down. Value stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors “growth” stocks.
Performance:
No performance is shown for the fund. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors.
XML 13 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Class A C and I | Transamerica Dividend Focused
TRANSAMERICA DIVIDEND FOCUSED
Investment Objective:
Seeks total return gained from the combination of dividend yield, growth of dividends and capital appreciation.
Fees and Expenses:
This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Transamerica Funds. More information about these and other discounts is available from your financial professional and in the “Waivers and/or Reductions of Charges” section on page 23 of the fund’s prospectus and in the fund’s statement of additional information (SAI) under the heading “Purchase of Shares.”
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees Class A C and I Transamerica Dividend Focused
A
C
I
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 5.50% none none
Maximum deferred sales charge (load) (as a percentage of purchase price or redemption proceeds, whichever is lower) none 1.00% none
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Class A C and I Transamerica Dividend Focused
A
C
I
Management fees 0.75% 0.75% 0.75%
Distribution and service (12b-1) fees 0.30% 1.00% none
Other expenses [1] 0.20% 0.19% 0.19%
Total annual fund operating expenses 1.25% 1.94% 0.94%
Fee waiver and/or expense reimbursement [2] 0.05% 0.04% 0.04%
Total annual fund operating expenses after fee waiver and/or expense reimbursement 1.20% 1.90% 0.90%
[1] Other expenses are based on estimates for the current fiscal year.
[2] Contractual arrangements have been made with the fund's investment adviser, Transamerica Asset Management, Inc. ("TAM"), through January 4, 2014, to waive fees and/or reimburse fund expenses to the extent that the fund's total operating expenses exceed 0.90%, excluding, as applicable, 12b-1 fees, acquired fund fees and expenses, interest, taxes, brokerage commissions, dividend and interest expenses on securities sold short, extraordinary expenses and other expenses not incurred in the ordinary course of the fund's business. TAM is entitled to reimbursement by the fund of fees waived or expenses reduced during any of the previous 36 months if on any day or month the estimated annualized fund operating expenses are less than the cap.
Example:
This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all shares at the end of those periods (unless otherwise indicated). The Example also assumes that your investment has a 5% return each year and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
If the shares are redeemed at the end of each period:
Expense Example Class A C and I Transamerica Dividend Focused (USD $)
1 year
3 years
A
666 920
C
293 605
I
92 296
If the shares are not redeemed:
Expense Example, No Redemption Class A C and I Transamerica Dividend Focused (USD $)
1 year
3 years
A
666 920
C
193 605
I
92 296
Portfolio Turnover:
The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the fund’s performance.
Principal Investment Strategies:
The fund’s sub-adviser, Barrow, Hanley, Mewhinney & Strauss, LLC (the “sub-adviser”), deploys an active strategy that seeks large and middle capitalization U.S.-listed stocks, including American Depositary Receipts (“ADRs”), which make up a portfolio that generally exhibits the following value characteristics: price/earnings and price/book ratios at or below the market (S&P 500® Index) and dividend yields at or above the market. In addition, the sub-adviser considers stocks for the fund that not only currently pay a dividend, but also have a consecutive 25-year history of paying cash dividends. The sub-adviser also seeks stocks that have long established histories of dividend increases in an effort to ensure that the growth of the dividend stream of the fund’s holdings will be greater than that of the market as a whole.

The sub-adviser utilizes a conservative orientation based on the belief that above-average returns can be achieved while taking below-average risks. The sub-adviser’s investment approach is based on an underlying philosophy that securities markets are inefficient and that these inefficiencies can be favorably exploited through adherence to a value-oriented investment process dedicated to individual stock selection on a bottom-up basis. Accordingly, the sub-adviser constructs a portfolio of individual stocks, selected on a bottom-up basis, using fundamental analysis. The sub-adviser seeks to identify companies that are undervalued and temporarily out-of-favor for reasons it can identify and understand. The sub-adviser does not attempt to time the market or rotate in and out of broad market sectors, as it believes that it is difficult, if not impossible, to add incremental value on a consistent basis by market timing.

The fund’s portfolio will generally consist of 35 to 45 stocks with position sizes of 1% to 5% (8% maximum position weighting). Annual portfolio turnover is anticipated to be less than 25%. If a stock held in the fund omits its dividend, the fund is not required to immediately sell the stock, but the fund will not purchase any stock that does not have a 25-year record of paying cash dividends.

The sub-adviser employs a fully invested strategy. Therefore, under normal market conditions, cash and cash equivalents are generally less than 5% of the fund’s assets.

Under adverse or unstable market, economic or political conditions, the fund may take temporary defensive positions in cash and short-term debt securities without limit. During periods of defensive investing, it will be more difficult for the fund to achieve its objective.
Principal Risks:
Risk is inherent in all investing. Many factors affect the fund's performance. There is no assurance the fund will meet its investment objective. The value of your investment in the fund, as well as the amount of return you receive on your investment, may fluctuate significantly. You may lose part or all of your investment in the fund or your investment may not perform as well as other similar investments. The following is a summary description of principal risks (in alphabetical order) of investing in the fund. You may lose money if you invest in this fund.
  • Cash Management and Defensive Investing – Money market instruments or short-term debt securities held by the fund for cash management or defensive investing purposes can fluctuate in value. Like other fixed income securities, they are subject to risk, including market, interest rate and credit risk. If the fund holds cash uninvested, the fund will be subject to the credit risk of the depository institution holding the cash, it will not earn income on the cash and the fund’s yield will go down. To the extent that the fund’s assets are used for cash management or defensive investing purposes, it will be more difficult for the fund to achieve its objective.
  • Depositary Receipts – Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries may adversely impact the value of depositary receipts because such restrictions may limit the ability to convert equity shares into depositary receipts and vice versa. Such restrictions may cause equity shares of the underlying issuer to trade at a discount or premium to the market price of the depositary receipts.
  • Equity Securities – Equity securities represent an ownership interest in an issuer, rank junior in a company’s capital structure and consequently may entail greater risk of loss than debt securities. Equity securities include common and preferred stocks. Stock markets are volatile. The price of equity securities fluctuates based on changes in a company’s financial condition and overall market and economic conditions. If the market prices of the equity securities owned by the fund fall, the value of your investment in the fund will decline.
  • Expenses – Your actual costs of investing in the fund may be higher than the expenses shown in this prospectus for a variety of reasons. For example, expense ratios may be higher than those shown if overall net assets decrease. Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile.
  • Focused Investing – To the extent the fund invests in one or more countries, regions, sectors or industries, or in a limited number of issuers, the fund will be more susceptible to negative events affecting those countries, regions, sectors, industries or issuers. Local events, such as political upheaval, financial troubles, or natural disasters may disrupt a country’s or region’s securities markets. Geographic risk is especially high in emerging markets.
  • Foreign Securities – Investing in foreign securities is generally riskier than investing in U.S. securities. Foreign securities are subject to a number of additional risks, including nationalization or expropriation of assets, imposition of currency controls or restrictions, confiscatory taxation, political or financial instability and other adverse economic or political developments. Lack of information and less market regulation and accounting standards also may affect the value of these securities.
  • Liquidity - Some securities held by the fund may be difficult to sell, or illiquid, particularly during times of market turmoil. Illiquid securities may also be difficult to value. If the fund is forced to sell an illiquid asset to meet redemption requests or other cash needs, the fund may be forced to sell at a loss.
  • Manager – The sub-adviser to the fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the sub-adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.
  • Market – The market prices of the fund's securities may go down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic or political conditions, inflation, changes in interest rates or currency rates, lack of liquidity in the markets or adverse investor sentiment. Adverse market conditions may be prolonged and may not have the same impact on all types of securities. Market prices of securities also may go down due to events or conditions that affect particular sectors, industries or issuers. When market prices fall, the value of your investment will go down. The fund may experience a substantial or complete loss on any individual security. The financial crisis that began in 2008 has caused a significant decline in the value and liquidity of many securities. In response to the financial crisis, the U.S. and other governments and the Federal Reserve and certain foreign central banks have taken steps to support financial markets. The withdrawal of this support could negatively affect the value and liquidity of certain securities. In addition, legislation recently enacted in the U.S. is changing many aspects of financial regulation. The impact of the legislation on the markets, and the practical implications for market participants, may not be fully known for some time.
  • Medium Capitalization Companies – The fund will be exposed to additional risks as a result of its investments in the securities of medium capitalization companies. Investing in medium capitalization companies involves greater risk than is customarily associated with more established companies. The prices of securities of medium capitalization companies generally are more volatile and are more likely to be adversely affected by changes in earnings results and investor expectations or poor economic or market conditions. Securities of medium capitalization companies may underperform larger capitalization companies, may be harder to sell at times and at prices the portfolio managers believe appropriate and may offer greater potential for losses.
  • New Fund – The fund is newly-formed. Investors in the fund bear the risk that the fund may not be successful in implementing its investment strategy, and may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders.
  • Portfolio Selection – The value of your investment may decrease if the sub-adviser’s judgment about the quality, relative yield, value or market trends affecting a particular security or issuer, industry, sector, region or market segment, or about the economy or interest rates is incorrect.
  • Valuation - The sales price the fund could receive for any particular portfolio investment may differ from the fund's valuation of the investment, particularly for securities that trade in thin or volatile markets or that are valued using a fair value methodology.
  • Value Investing – The prices of securities the sub-adviser believes are undervalued may not appreciate as anticipated or may go down. Value stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors “growth” stocks.
Performance:
No performance is shown for the fund. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors.
ZIP 14 0001193125-13-023890-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-13-023890-xbrl.zip M4$L#!!0````(`/!X.4(D0.9#\2H``.:-`0`0`!P`=&8Q+3(P,3,P,3`S+GAM M;%54"0`#!.8"403F`E%U>`L``00E#@``!#D!``#L/6M3W$B2WR_B_D,=MS-G M1S3]XF&#L382`(5RF3T?B4WJ]P$4J[\_<-_ M_L?.?ZVN_O;Q[)B%*LACD60LT()G(F2#"3L[8_LJ2404B0D[.F&?M0J$,4JS MS787_\]R`TNRP_P/F9F<'249[)GQD6"__Z(@!0(G9SH:]]ROC M+$NW.YVKJZMVIGEB>"RT#/@P3T+3#E3=VW%S;HVLC;K:JVM]`B& M=7N=WTZ.SX.QB/FJ3&#G)!#%K%"4LQ"$MA%!>Z0N._`"M^BO=GNK:[UBN-;- MH[5N&!S)Y*(&$DUQ0*UU\/6`&P\*O@VGH'&#-SOV93%4&K7>[[VY87$WPJ\] M`XLC3V]K:ZM#;]W0F]8L:`?\8FP')VT;(NN9&#):9#N;I.+]BI%Q&B%B]&RL MQ?#]"G!UM>!9^]J$*ZQCUPD4",1UQF3X?F4_USP#"#T7L2-.?IRI<['7`OCGEKH8%T04YE-W&_PNPSQR5`* MS0AJ44.UX.3>T3]7/N!.;]Z^V>RO[73*:>521HQ0"_P#>&09M"VNTT@&,K.P ML%#".*M?(%#;QV+$HP.":_=:FI4/0)3M$B\[::?3N-:=-]MWNGJ4#)6.B:S% MHW+S*1HN!L%.ITZ`G4Z-UCLIJ*H**^3*N,[VP5Y\*)2DNP%K^*=^H$C"8M@: M#5O'I^_D/3GE?3%H%`ZVUP MN285098;6IRVJNSLV?E=J'>SG]@-Y`^QO:_8`O&^+]'9K!F^;UYP-I_-WGU? M8C/C0'L_3-!3FZ#'=9F][UR`^S\$^-L6X/YW+L!K/P3XVQ;@M>]+@#>G!7CC M1RCZE*'HXPKO@LKZEQ/>OUB^Z/F$]OO*S,ZW@C\DZR^5B5P0[1]F+!#?S^`1_N=(K?['2<,37WZ_G^S%17M=N&=_-7`"J?27-Q)K)<)[\( MCO5:YN`[PTK;HQ31?HZR=X.?1]F[+V>[I^>[)P=G1WN[;/_H7T?[!Z?[[/#3 MWM?S@WTG`)T&Q\)9U:`O MDU0L#.3*A_6W&Q\_?SK?Z4RO4:YL;<"9&$F#%>WLE,=WV:'&A\.OI_MNLZ9E MIS?=`V`TCXZ24%S_4TSNL&O5*LY=;Y9Z>]@>@,8'%.H.NWEU7*L3LKK<[&8' MPZ%EYGUW6Z_O5ENOW&X7WH7X_C#BB\OORH,0TF1TVXC(1 M(1MJ%;-LC%C&`YG05DP-P5E=HF\/V42**&RQD597V;CZQC`.KP.>2ER5IZD6 M@:3Y[;KEF$;/$^#@.@6'^`2&[E`("ZW;T4Q;N3HDTP">4RQ"$#:0JBR963@%+ MS:3W6J^GN-@,N4?LA%_+.(_/>03O8.A(',6I,B+\E'S.=3#F0-Q/ET)_`JNF M00Q`;@/D1@#B&YGW*^LK#R#"@HT"#*,76MY&3%U"[%Z03^.]+^"E%F%E%9H# M\J%?$I8WP;FTN*Z:[WS9`5TCI/>/Y);HAZJ0?@<.J)$Q+\WS5(%\`I?#_NWF M_)GS2`[!C"O-#"HV"TBS@9DF4'F2F6))7([L_)#'$@R_-? MP7_<3B!/HL4`Q`A.@AG[VT:W!_\N9_Q@JA"U&]MZ\,[B[ MBV:K>\\,@\-])LA$P$(\#&5FX:U2XM7Y[M%KL,[HBG&1L=.,"B*%P\%5K%5O M5^!>,,9X!/,]I_&DV7@?G7XY.#O=_7+TZ73WF)V?[!X?L[W=S^Q?N\=?#Q:W MY*E`P))1HV],6&O9C44M5/P8,PF@H/*@$PPF!<`WU&, MG`Q=\BBG7VZ)J.9A7(DM$EB6#FK"QB"[Q@C0F6<.*-IP&-]P444SA!Z%?4P' MR$&.0.TFX;G0EQ`]]?J#WLM"B;!9%-A29M&6%=RK((.)M2.P![_W5YX;,>!5 M=].*6S.PCQA*W68U'A1(-9#Y^4G[ME>UR3=2]>'QWQSRVN@OMO$]BU0R6LV$ MCFOQX*(QVXLXQ1U.2SRS/B_"\SIBEH'P0X\BMQFV M%W`0F0/B7R_S=1LOGCCA]92)GWNIS$(9GV=`9F$K_RT@L[#U;G=[=\:G%KB= MBBL\KWSD9/L.3`9H9'CB?^Q3DJ63MP[PCN$UT1`/S<)OBRD'RB_E@`;$=4,X MUT/4@<>C]FS4.0?X:7MX<,WQXN;R2Q=NHSG6N@[&$X,4O\"I/0/^-A?1*&E$N^7H*ULBH&8"KK&=C MRDIL_%1D@BOI"@+.P3&3P5(^`>)U7HN8.^0QS==FNQ'`G8_&=E,>$$61YH:" MAH%@8SE"8@.5(G4E=*NT&2X#B*"G-C='B]C95RJ'X&(@MAOT[X:8XCD"V04[ M8Y<8QCJZ_!MXVNU5L#DZ/7S28S"U#KU=:V"9!>TFN->>&^[^QM8\P->6G9-L M-/8O/QFY[*CJ,31KH8#JL]+94$52?0$#J>#U\B,-OR4K]IP..N8!-1_JI?IG MY^]`QD#BJ,X3.,D'>]UB)@>YXQAVQK&DX@P\O$+/)S,\,=JSI1%19+#:DFN9 M291B<`R5<@PA0M]3.,QB[`S, M!!".!#SSB.I;Q5!^#:`1\(1SX;`UEF@BJOEP'$2G:!Y0W8J\LA$%.:[&$ND! M,Q*5P0[#"((S8:=:O::5&WRLTD5\X4Q0BW%J_)I3CA*:"DI)(-K-8M-P\LZ0 M2J/)$T@Y^*Q`IH!N)=7KMI>S69$IP)Z\[G&'1./"!8^G@OT.)\X7!_O">8QO MH-!T%QE:NU^5Z;E0NW-2XYO![&Z)M,EGP+F+87ZP<>!L2ZX^.Q%UL M6F_K<;#8>'0L[F+=%L1B^;7/.\A/K[]Q6]%S^?#>Q39MK3\_O'<1BMOA!;MC M6YX^Z3,AXT&N#?G&)@'??#9;LTK-!U98;H?X7LB]>38;9)%;7R9R;Y_---T3 MN5.1O3#-)PP:P7I:H.^D_B\%Z#OYA`6`+HY[3U-@:&K2S`>K/+R4!A/3'P$* M==5BO_`D$I,6.Q%PB$\2,;$)"OQ'1]?

O&X!&])( M408$4^2`)S,.V&47L,`;L``J3RTR[U7O9B#SY0EZ*R1QNF^,;TJ@ARDH'^QBKE:<=`,`7< M4D.<3OD8;L9EW[VM]U1AHQ6MT#C@"![:`]N]L!S+!R`J8Q`5N[RT/1J>-"`X M6F!QP6:DF!@"?AE6VT!91,`?_,+@`0+'L_MDL;:(K']2D81UH%& M]&%F)"%/[.)NJN,X9:NO8)IH4_9(=XC9Y8_31``B@FI@6LY255^2"6&(:Y)9 ME:G6FE#(I!C:O4D85H%>&C/CMC!F&*K/`#-Z8RDN82(H!JAAQB^0*22CY11I M+F8Y4R-!I02'MR44)N:E*6&"S:CU.R*>I["7,BH=>YO@5Q%5\0`(M=X8T+EV:H:KA*=R4B@7F$U4V;$`[\N3J2% M\&O5X2PDH8(MT:;P#-YV!G"!\C_7V)]_]ZH=="3D:8Z8=ZP9K"NVB!2C??N2QF;$$>;00#T$3^FA`% M(C:0(7'6`N0?Y,?>:$FP+!$5H@'\M*X6Y))`L+?)X`P)FU9THK MWQ_DWEK_,9.>O>XS49\R9[V7D#A[`"_ZBV1SGJ89[?8<%'5S;6YNWJL-;0D0 MWYZ?M/UG6_=KG%L"Q+XO%"8/,3/W1^2EF9]9 M`)\1DP>9I1>%R8/,U<*8+/%;-O>ZBK3DBSLSW[/Y<6/GQXV=A]W8J0_\.$%U M6^*EBB.;A*ET=%LV(^-KW"6:6^;>K((UD!

,^`HLTZ6S1O1F8NH+7$X%/4 MZW$?:U:H1D7M^:B*WBRTV0FFP(>)Y)'VU`'_8 MPZ1]F;LD6[OO<_!''D!O32P_F\L(A!PN6I1:TKA!K5= MR?F7Z_F.`]O/@AT22%:944JV:#"PLV";LC2"$HU=)P6VKOSO:S*-KI-:15P- M4K%0724@Z!8F,&O(A/ENUU:@;*$8/>4]6/CPP@Z)8BG1G3RZH_@W]0TUBWIE MI"Y&NMB!0J!(_IG+L.CT$-4N!^>4K(Y+C1:"#$>F>472L$([P2\"^@R\N^/N MI,1>7'=%LEE8+"-R*B%6Y(OC)T[^&NM@G91X3->IV!C&0V0R M4-27="I;8;@$7XM=/XI8+##(XOY;CU1SA0A5YG'!6F=`J5%LR@)487RXN!]8 MP,]+4]PL[&Y7*H*8+G)AD&>/F%G?^Z%*IQ/H7#)RK6:- M^)??]O2%=]O=#_5]@ MEK*)#52IAZG-#A5^\L7=0W4+%;V;C=MA?.;V&7K^)=3@5]2PJ/&PS4[+ARAA MY/4BB%@BLEG%.&(Z83>U>\.3D?3Q8856%@3/!0]$# M1--(%2!@1`-(.'BG``9#C&S?B6OCLA>"P]RX]X4=*;Q0DN.!B82"3(YIB+)H M#Y.;0$!LCMTO0*Q$C&S#),02U'IC_[H$A53*W`A2JP(0P6,WAH!3851O%RRO MA)=M-7DZ%AQ4K%71^$RK'$"RF"4CL%Z:'>\%*@"DD(%E&,D+01L>E0&(X_@:T")!!SB M;G-M*MU1B((L%*]F$+!3O.8&#F>7F@KY>46.*E\KIG-;]2A@ MOQA>-J63>0!+`C;7?TO<*G7+MA3*XJEMD@[L'WG1*G*,*Z.*%KZAST51L(_W MZVUK=BD_JOH9:$FM7#;(*;\C7?1Z-?=UA2";D4K=2?:8!Q?6FE:^3@TK413K MG`F(5AZ5K]QM?XIEL8V3:VPPQXP>17-E$L([$ILTJW#CP>)T3/$UHKU:D9WS M^LEN]F3IS'5YL,@4]1Q:DQ+9J+U%*05\SR&"8Z'M2L-4*?F=HL\SU[&2$3A> M-ZVN;A-+D>G-W*FT>DR4Y'L"FS6F!DB4Y6)1$B1\0YD9[3-3U$))9A0@MVRG M\U8B1#C=L(;*%V(2Z#9>R`4U^$2IOED6!5027)=(JS%W2 M+!2&6ECMIS,H*23QVQ^8`K8'@^J)E9(V3B$TG5O=/'K)X0@E(G')L:$8+,08 MA:S"6DKWV_I`D8_RQ]Y'X2&)]'P6-D:5+L_-,3UK`%FL;(V]L7*19A%6JM+563#'1A:WN**YP@G?O9M`JM!+$">^J MN(I+(61TP"ZJ%<696-G4+W*3&%!U;2?3W*GZN,(N.[X4)'<1C])5L&RSOS7@ MI0V\->3YM0PU"R`6.$U,)9JJ!@O#7+R"$0A*K`[0S632"@">G2*1"7OD(YW=%!B6-!2CE&Y[A$>%Q&9,BR3=(1A\U(PS@;=[W)G8 M95&*X"BP?_$-SIH)V`PK/?P"6`+18TKVQ>0I-OI7P/#Q(!()[4JH^16/K&J3 M.;4SK#DKXN2HP;W/T*,`;XHDY36S"/\>GHLG,)E!9WN1\.+C0)XTTEA]M8$H M4)G388U$O$2EC$XL-H7"6"-5W4S5M+?EB9SBI3VR&C`WPH(E:0.>"`NI)F60 M<&C'>86BHE^EJP`7"6H6_:41C$!0_Q]NE-D)&,H\9GOU*Y![_FK.?'-=._B` M,N'']-R-EEI4:_NSW;>?,`BL%7Z*'&4M;P#R;L&:NIGI;PS]?WM7UMNXD83? M`^0_$-HL-EG(AV1/X@G@`9093V#`Q\!RDL=`!RUS0Y%:BAJ-]R&_?;NJNIO= M%"GJ("7*4V\SLD1V5W=7U_%]5<>V!5_P;7A=Z`,SQXKHD#TOEE^HFW!,)"-A M"870;<>5B7)TZ$R6GS$$':!)J\/B\1O>A7:OE>M,!L2BTPV$.1W$I!-"=H5Q MW6@2J+KWDU@I.1#B1W+CX44&'QHWV\(=(XTF8@LNFBJB%?$_D,'R=5W70CU'/6Z3T*($L"! M?L*TN[![2[!L[MPYL1>,=)@9H3!Y2>[E/$CW!B0`/9\/-]Q M#*I,_"PA2%)TB>A(1C(&4EPN++LVH.19$6H0RJT%J,N)%DV70%(BSA`'3(FT M/P%'8OPEPDH4N6=J%.S%;?!9MBQ")T2R^WJQI54E8=.EJ)Q"G\BB\I[078;DQ_YD-1Y125:V?J$-5_`*Q)9_"4++QF'83 ME*L94>\Q'9WJI:PS-'@2DTP;:B\J7*7B5\9#9??FIN2%RS'17J!GV?8QXA`& M8005EK=?@=_%%$GA'*6]1>S51=%UO='4#B2\`&Z*X,440J)ZTNOCH9;1/=^D MT_)9OU_:"2;VP'+_\59/-"V=>]<-",,RJC42MJVIY%)YBJ:'*,H MG$W4!2/YN\0>U@QA=4W!N%0,7>8QY`ZFB#V2_0FDA&LI]$D3_Z1#]I+"GKBQ M^*:I6;:""/Y6-S1*`V6OBF;F+0%U_=*+H-1JW`F&GQ(4SB-HM1V0"I,WIL%. MQ>-*BJLF?]\%W.DN-/%*&-1Y5G:UAL,XG\RO&$%+-'?%GG1[,CE`3?HP@:O/ MN9WR"2W\$R$.P:!WX`Z$N"8!#@'%D_-2O$4GLFJ$,N:FL@CI,NE96+(;89\3 M=J:Z';$I>$AO=3W(K.UQ'R"]X3ZZ@6A9Z;,XQ#6W1%)UE>5,$&2=RRO;*&JN MJ\QUE=?8U^445*ZL\E;6WN:26P=9+:6EQ;BVMK<6TMKJW%M;6XMA;7 MUN+:6MO5UBJ)0EQ4OZHF!.)E?6B9/LSTX3+IPR55JEB[4A)5W&B?[ZD>SF;C M/3^]**[44E[,KDA=U2QBEZNV.%['\;J5]W3]HG4%^SH_5O?X+"[C*81SNIX[ M!PQ%WE"Y\O=BY.\\U4@U[T M_<2?I5GW_1"BC!`Q08],&/>4)#6=<,G#_0'VW%2,PS_*QWAI'6#$L=1/3`\7 M'1RZY@FT):UUZ\$`$XKGKCABW[6%I3$&\+OD&GSWQNFK_\:)S:&-&P+:)AH) MN;2>]B`(>;7(?GO*'*W8392_GL4P)P(B!AC2Z()3G.'>H[$,/KX5*3.]XI1_ M;PR6,%\)\U%&PI3,($_O#H7O$``6%489!FZ@<7IQ&"/X$;2=]$X M<1IGT1&5?S$@3=-!!,H4""JC@-Q)(1H34',;1H"`%UH-DDX*8BQNZ-B-%+W- M.@"WW??7UO&YZGR\H`[;IF#-)I5G@V4T`I(80P/JOCK"B@EP@!2N"34HA-V<,)]72.Q7K0F^_%*#A9N0<)([C:'B*M MZ(N]0%:KP<=)8HO5X^8HC4PU!Y'PP3-8&7,% M%E1AV>3[RF""#9R]:?,V!,?V]E$W?W5W8N5R^?#9`]I))8UJ"/5P]WG_764,W!ID4E1=+4#U MHS<\-/W6M(33PUDW1I@>5CD95+URH MF4]6IW3O'H\AW?K`9QP)!#'4=ES/J*E:O&OMCP`30;P!(DFK`_(^,) M$O2IDCB(+#1GND2'=!.\/\BMI`872U;'>*&#*_4]SAE++@T]`+T#%AQ0Y`4] M*[)'GC1_.\]Q//GYY&0^ MGQ]36(Q<, MP"!V_NW\C2(3PX(1?/O-M]]D",E>[V6.>2:)7G2?*WQ*<*=I_IJC<#LME=7@I M&B-W>.$.+\?.UD4:\JK$.!EE8KC%"[=X>6TM7IPURB2]5Q;["@6_,N5@;.NA M&X1DBJ`KI`MRTBM2K2"DGI359I^T2ZQ#&[+F?/)CM8Q8#',HE)%04O2;8T=/ M0S^&'BQIN0L5"XVJA$W0U6)5Y)'I238GO$D5XE7V"@Y4EYRG[_1D`Q0I'UW$ M5,W>+&,*6\2L3DI/*"B*3K7PP-W2=3V-97/!R0C.A-^N[-"!$F)0^FKBI/ M&R6%'>Q8=$Z(Z,K^Q-B,D`S#5!CL<*7>S+X*U/1@!%4`A!/MC@UZ/IYZ(B8G MT2ZE6/&/TMTS^K]`15:XX,0!`"-\F`P%6H3,M4;X#!@)>5B25&XOH_8XG3^X MIX$U+[>0U/-0[[J,'<,-H;@AE#;12V\(E;L5L_P4;@FUGY90F^J.A:90>08V M-X5ZA4VA-M\UW!:*VT)EM(7:=$-Q8ZA*&T.M=85S:Z@ZM8;:]$1Q'*J\YE+/F[9JAEE5G&T,9;0^]L4T;8EYO;E-?<9M,UT-BA6G5N MTW#3',AV=^G?E5U"8>W8:-16T$E,I73LO".`+DR)K&G!+`49`-)-" M5K-N&A5K36T_%;MX(&,F*I.DWS!T)\@5"?1K#+6!+6D*6L317T:,I9F'TU:5H=EUC')DU%H_\J MFS01`QRL[04R]J$1^)=-I40R_\H2RV',_B%,[`<=TSPT(=MS0;FB)5>FA%>7 M5UF]QE96;!7T&KL'FU'M(.'ZPL[Z!5+I]\&5N$K'A'TK>T;XUB11#+>LSM^[ M^K5*]7IB1!FX]TI3FVCD:?G_4%" M58RGX&]P]]9HELO&:ZWZC4EG,VJ@\U6Q<9DO.%EXSIVQW^V6HU]STPL5OMB4?=FS"9C M(GL?>ZO=,J_XK&%OQ9Q:I\7>SBE3N8-CKA1SI2KD2C%5BJE27P%5BADSS)AY ME8R9K;<[DQ^8_%`A^6&=G8=H#TQXR M:`^;;2E@++,^4A_I0'C9=0R8\,.&!"0],>&#"0UF$A^V5LM"3LW'M M(-5C&E8^IMHRX`N^#:\+?=0JU^ZWYHO&NUSS*0U#2V90,_ MV_?`SR[.\P9^5BFU907@6!TY+;G#_BK)+-74-F>8'L/TMH?I.;O"Z1DO8IP> MX_0.&J?'%!,0[\Q.)/!F8/>!Y'0;T'CZ@5T%"&='+B%Y& M]#*BEQ&]=4#T.@J.:";]&([(<$2&(^X7CKAZ\7+CY%:.M.?BY5R\G(N7[XT[ MX"P!U*;4``-J=P"HK;YR>57@SFI*^>9B//=E0_NNX?/0^J$$`I)M@Q/MN3WS^W9O3IA@8_-W4 MY!CMDM+)GWR^?&Z]`,JH)R"W![!8(W?8(:+"MK2D/"&FZ$=OX/O9DR@8836= M*+8]V8ZSX[.=,_S7<[*[2400BL@?FF&6'GXUQMA2(>VD+S>B/\X M7_`CRCDA?'[H#AOR4YC69<.8_9=^Y!^'T>BD+61*LX8O-O#AZO'B;=93D=P5 M1NJASQ$LV3^P-U5;?>CW^JY_V-%"S%/\LF*C\Q@G0 M=H^,"=,;HG"\9)7D2\-5I'ZRZ9XY2RTP??BGW_?SMDG5\C!'L(X(Q&F_;(03 MLJD:D*@-`9URV3AM4$F'RT;K^'0+49UGB>I\[Z(ZKZ&HWF2)ZLW>1?6FAJ)Z MFR6JMWL7U=L:B@IZ+R[*JM7:N[#4$&HEK1]3PBI.5Y5B&*SRFO)MA!7>^NX] M<+IG,=#(Z=[QN/ MG=O&#P"DB\+9Z-E))1&;$'V>][#,H4M0J1.DE"#?A3^)5X](G*V-YT2>6,HC7&)8I.X3CVVT&+U384+3D6) MFDB>[XECX`4@L,3$TWA[_1'`J;P`C3L-0-<_'(0H2)OSHLH?'#MB?9!'&<1> M[!.<,S)WCT5``Y@52`)7;"C)@S0&\>H9<+0DWTQBF`F=[G[VPMG4.?L1X$1[_U-KD+&PNJ:!)DL/>I-:6+2KJP!+5:ZO MH-;0AC]E71T_[?WF^"GWXEA%&I7?(1=94KO8N]0NZBVUUNG:5R_X[CNY?),@ MP6ZO7_'>K_L";AVWVWP!\P5<_^ MBF'0D*QT=(%"NXQTHWT;LGR3:).E(,E)RNA_WY43I_56IX'1C_C!5G3NN4?G M2A<-CM>EA"4:*[0:!FF4!("*ZT*HV3"H;,@L%R(X_OCVS>!=&%Y_FIQ#H7E5 MHG+`#3*'!>0W,)G`J58*I<0;.+N`KT9SM%8;^!`E_H'*$B6,JI_"V0K.E*.< MCLT0KJ^8*L+09Y!"_TF2Q0TPV"#[ M?E;LP0M%N12_PWN"%GZ5U>CTZ.@HKF=W4"L>`A)M&E]?G%_R.98LW"6@90`, MC)8XP2GX]_?)68O`&:8L*]$(SJ:5*FS$=1E[9.S)BDKBB5(5DR.:'"_0,$?. M?5XO4%FTW^Y%GXJE*%`5(RJ(Q8(4>^%]=[/`86!%N9#8_#6C6-F=.F;?]VT?76M,BCF5[& MQM!62GOT]I7IA4D:9FE=&V-^?$'7:!G3&3VQ%IUM."7+40Z##DS\M,H>E;57 MT[W]C)W?U@BGJB+ZWCG"/M]VP%W%XO[W=8E_(Y%-AG1%Y57NCBDLT M2\$Q[>7I7M,/#WN%13A<_+8HO6#E"G5);L;6)``#040X`%``<`'1F,2TR,#$S,#$P,U]D968N>&UL550) M``,$Y@)1!.8"475X"P`!!"4.```$.0$``.V];7/<.)(N^OU&G/_`Z?VR&[%J MFR7;W>J8OB=DR;ZMN+;**ZFG3\?&Q@15!4F<9I%JDB5+X>C_?@"RP&*1>&-) M!22*.1^F92E!/`DB\P$!9.;?__?C(@D>2%[$6?KS=^'WK[\+2#K+YG%Z^_-W MR^(@*F9Q_-W__G__U__S][\='/R?]Q>?@GDV6RY(6@:SG$0EF0?73\'%17": MI2E)$O(4!,N"-@^8\$F2+>?!*;F)T[BD702?XO2/ZZ@@P?]'4I)'999_?W#` MGI[0/_R4\+]25&GQTR/[]\_?W97E_4^O7GW]^O7[KX??9_GMJ_#HZ.A5]=?O MN&@1BP0GKU^'K_[/YT^7LSNRB`[BM"BC=$96K39:/%[G"6]S^(HC:9Y/_SHO MFP9MX;>OZC]RT1YHZ9.+^*>B`O8IFT5E]0:TS0*I!/O7`1<[8+\Z""<'A^'W MC\7\.SK$05`/\6^GJQ?/_QNE\P]I&9=/9^E-EB\J#;X+V.-_O3C;4*7,H[2(%B2/ M9]'-,IT7W\^RQ2LF^$O]%7/QQ0/S.WZ1<6#&,%\FY/(NRLE=ELQ)_I&0 M0H%AL,;;=/&BNAVGZ3)*/E)4TWOF9ZA#^O!X3])B-WINV]V+ZKSJ\<-CQ!I5 M_=YGA7)R;:WP5GWM4-OS[(+,R>*>N0N;FF_1[P[F^5561DGM653S[7V4GU"# M+)\YS0?W]K(:T]5*="N#LK/7_MQN=\1@IZ2,XL2$1UZ`M89T]C+ZQL4LR8IE M3KH@3J,R^I`0AD\U!Y_%VB_:N8,5S%E:DCRM5E!1(J20YC MQPLFDXY=KIUVX3E>#H']%=4+CL>+]>MHG?7R:XL=0`"R:W0V<;!CQ#IUM%NT MA;[;=0)@Q^@9NF[?H>M=HVA$N&]8=H)VD;;1_L8X![B#M>F%CT+_[/:3=+'?4_<':1]K](LCB M:#QO4V?'2R-GX_"- MD7CQS1T;"[&!JX\HGYD.D.0.%[])QBYOO:T&[HX^(I\MK\G!/*;XBNHRU*JC MMN[-4^*T?$5%7ZUD7@D?L&O435<'\VP1Q0,A]UM;Q$MNHF52;@V8-]\YXFID M#A9D<4WR@6@WF^X:*;6:8?BJ!BM4?SLX"'[A,[A]C?3?CY/D/ZJ+HQS[O/GC M)_K/#?SDL:2?4^Q2PF/CQE[V>N*JM[AD#WY=_2\X"'B;]H^T?5`_(&@_H5*$ MJY)DLPW\";L=FN7"%U`-8T%FW]]F#Z_RG+Z#<$+_R]SOY.!UN+K^^6]Y_L\O M>5;EM.ONI^_"ZE<91(_,?8A<\J..3NWX;_, M*,D\EBOZH;9&;MD/C06\$DSNM6V?Y3 M'S7:C/W9N36V.8EKI*!:XC M9PEE/9TNR&W,7EE:GM.9+``I%K.*\82.41XE9]08'_]_\B0%V9.SA/*8OL0Y M>Y$?D^A6@*[S=]NH3DDQR^/[MLL1@=L0LX21?FJP,)O+I\5UE@C`=?YNV7Y/ M6'`/'0Z-^6Z*6<;XX>:&,F[\0#0@.W(VUC7KY8``F^#ONUS/=%;\@U8V?1Y9 MKVM\P-RAEQ7X"6SP8MI983_T`7N/C5;@W\`&WR&K%>BWGH#>(+$5]G>PL7OZCZ"52?!MZ:;OZA$NZN`]Q6L.@NJWH+CX*3Z'#_;ZQTK MT_5G:S>"_^KX,2X4*U%IBUV:G?`,H&-\DK'NN@TI_NZJ4&.*IY4G"#Y7GJ`( MT-8LV)KS6;USY*>K\R(IT-.-`Z5!N'IGFO07_ZRGQ2S^O,%HJXY%`CMEU]ZY M6=O&![SAKM'S4;/TY?>2:HC>0?<;$%<-OGDRF*L&-2J25Y,UG9'/)&*W$`0^ M52$'>'V@0#W0U'!5`,V67G36VL(H7`8H)6W@/+XI27X5/9)BFIZRC;WX>LFF M_9)(.\&EW@W2BLA4"^-I9&F/?+=*=90YQ,7> M?A(4U"VB3^0V2NJS$,G'@:>'B#MZ6S[-GZ8XOOT@W=#;__%+; M.9?LS1X>O3UZ*]W0Z8NXW0N1O,'-TUC+RQ7Y*8_LS?*MFO[H#MQ71OX&YX-@ M\K:N[N!N>Z3]EV35_BQ8YMV*N> M3,(WH?S@IB?RXIU/])U/=M;YH;[SPYUU_D;?^1OWRRL#8UIYT_Y,A;(Q9(!? M/-NA;`(-56`BV_CQ18'#C@*[OC'YX@J\Z2CP]EE+=]MQ?KBH\&>9OO>Q@]1T MQAH[B'8(,![1$-LOI+K4K8+6B-A`-KW^5WW760JL+V$5UY<\9K/OBAK.>_KH M/Q0`^Z)6D5X2ZG3FAEA%PC;0KI(&2=]V]^\6,9U'.4MR]4`4XZ<0M?9AOLY) M=A*)@B<5<@XP5JRI&%&-N!4+ZF8WDXZK7-+*_0Y%/C;-*`]H:M'B/F99F68E MQ:"U.)&H1:0%_>XA>4Z7,72ZWIH`5K2PB?LB2F_)].;#X^R._529F!Z[NI5% M_*ODR)V`3E8F' M5LG:VI-2[D99'3G6H1L833QE#(Y6QCU7E$L90,?3[)\G,Y;E]@K!I1. M1I,VEJ-I3*:J1MSF:)O`5]4M[J3R=G$:.*;5+(VL>I]E%S2 MLJVKG1,4CU1U/M`M2=NXP#X`LF6DGZ/\#U)6^;H&@#9KY6*D3?R$21L7V/5^ M0]\"L!FZV5I^I1LG6L$F\&'G:]S MG6#3NO%!._^V\X+4#0[<+SB`)[KX07'2X_DN1:PV5U^5,_QPR9XU0$^ MUP`VO_=.^#ELV'2N.O?G&L!F\XW+`1PR;+J671O@Z&$3L^Q"`=^CA,W#XLL& M'#MLSC6Y>L`U@LN": MP"9F_:4+KH=Q\C2>?(6E/&&%XS&!&HBTJ*.MA+.SW$+U]-ZTN1U4I$%[`VEO M6&/"K:5I1]FTT,$$#0VTH8TRW[=UTMHFY[9QEGRT'(`4-9JDCN]^&8[S*0IU*\((%Q;E!9%I'(OR[IM;@LGG6&'7PPJ[8S*,46YE[@8G MELO%TE90GF3)TX'3XFR+VDF# M_1@OEHN3Y6*95,&OU5%/G6EP^D#RZQE> M@'FST`SPUJ]KP\`D6'32JXIM#C.EPTU3JA\8A@N7:F"V8_;R!`T3=&E.[S!!%[+Q2-@84W=YG[H+ M#6<4Q_N8U.L9G6-2+TSJ]4<_(Q,F]7*M`";U98.U437UH8N)]GB/DOIA`BKL%(^ MA54JQBGPR'+F\B57DA\.1RYM8\8NF>)VB/)[]N8QS,F=D6$55IW,3S(;- M[*3!TL-UA8T.S6]1S%)YY!IEL*Z!D'%JL#KRQ0Z$ MC%.#U9&O@"`DE3+VU!HEG*:4,E7"<,4$(=F4J4H*_&[S3)DJ8++4`I&`RE0A MR6*LEWP*=A#^OF_\8<@C)D9"L\(H(TR9Y'7*I'VWIU%>!<=D2F@@>`]S`Q^F M68(6&;":Z1\>H\5]0JJY7F6V'VA5;S:M:O748/78X-OZP7]!LRE@(7J8894\SJLT6FL9Y68GIE3"E$IJ_P5I M58,IE4:14FFT%`1UJP:S*>$"#<+6RUZ>GF$B)?P[&'$K>YU!" MF]GW8WM,G_2,SC%]$J9/^J.?^P;3)[E6`-,G.4V?A,L&2$OMS;!WJD'(I1_@.C?#UEC36 M\+TUPM<+F+>%C\7LZO&YC>PU8@B=^3C?B]U.$6Y=$+)Z;`O_$$;ZCFWAOX61 MI6-+^,QT!WY5.(X@VN-%#5[-QB!PM"B\$HGQW[[&?^^Q*8WR\@J&?J-MX/$Q M1GW[<8WI/+L@<[*X9]UM;5]OE?;UG\%Y%JQ[`6UNP&X98T#XW@2$C\70G$]I MJ!L2&"N.L>*X7O#%C<%<+V`8^=Z$D:,AC78[%2/,,<)<[=H@K84PPGR$$>;( M3I"WA3#X')=UP+=Y]O)H#^/2,2X=F1N&`X+)W!BROFMP#Y%L^.*`NP"7?ZB3`."Q6WQ#X^K5;=WJ8A9O+VH!`+_K()P8_Z?KQ;(7`#/5PMDCH!GJ^5[[H"QK/OP%C^F%4!C@_"1-H'ARLGAQHC"GX;][!_^SUZ9CSSSY0%]KV+!_!?AN4\ZD+ M=<<"\PY@W@'D?VCN"B;_8WX!C_,+C-E@1KE)BGD$,(^`VH5!6MM@'H%1Y!$8 M,PM!W;;!?`&X3`.R#;.7IVR8%P#S`B`3(Q-C_/\>Q/^CV8S@.!_C_#'.?]?[ M`ACG[YD"&.?O6@&_X_QQY0!LPEW"`2Y`1H2_A`-=$BZNWIK:"2Y")H2_A`-<;+:[>"M@*+D$&B+Z$`USO MM+C>.<'U@Q;7#TYP_:C%]:,37$=:7$?V<4WH`DJ-JY9P@$OC[VL)![@T_KZ6 M<(!+X^]K"0>X-/Z^EG"`2^/O:PD'N#3^OI9P@$OC[VL)![@T_KZ6<(!+X^]K M"?NX1!FC^A(.<&G]?>C$WX=:?Q\Z\?>AUM^'3OQ]J/7WH1-_'VK]?>C$WX=: M?Q\Z\?>AUM^'3OQ]J/7WH1-_'VK]?>C$WT^T_G[B-".@R0:Z<*/1^2VU;<#W MLQ4Z3>LW%']G=Q)""K^A*M3[EQ"R]&V!/.P?LGJ"?-(@[[$9<.3K5)4]O@.. M_$V#O,>(P)&O\VCV.!,X\G=K8O**5NOM6@[=*U*M=W0Y=*_XM-[TY="]XM%Z M7YA#]XI(ZZUC#MTK)JUWESETKZBTWH#FT+WBTGJ/FD/WBDSK;6P.W2LVK7>Z M^6>25VQ:;X9SZ%ZQ:;U?SJ%[Q:;UECJ'[AF;MI*L3SQCT[!5I,`S-@W7;#KQ MC$W#-9M./&/3<,VF$\_8-%RSZ<0S-@W7;'KH&9N&:S8]](Q-PS6;'GK&IN&: M30\]8]/)FDT/C<-7W6:JWN_[\)CI$VN3H%%A>CVL0>)Q#9+]MJ919D'"6B-H M'IB$!&N*0$Z)]4#RZ%9F7=M4\/FA8U]U!V([@UR_!UC&2BPTTL/O4:&1\5F9 M\_D,=4_B&1F?L/H(;#7VN_K(^'P8S)4"EB3QN20)6A%NI&*=$JQ3,FP/VWGJ M2ZQ3LO]U2I":8"SPL'B)3\5+QF,:1#-8^P=HG6/ND=?R%M4^@*("U3]S6/L'EA`=+\XVW5`^> MO&:$4MAV<10#Y)!+I"C@HY6ZL])=V8,UM)\8.B.H*TE'.'\G42Y,PRX7=8E4 ME.!5+NH0J3`%LUS4$=++F/K%)N&C$>)N$T?(=>5VM"W<13J;,Z;<6SC?['ZN M'MR90,B0^GQ%WEK[/-NM(B&0M*G/4J3KH2!D4WV60N*,O.],M[(=!\R-;V6+ M,0>8!P$MS?DWY#CO]&)R!#0QO&6%&1/09J#2TFCN,V`:!5OW\/C"]2(N_JAG M_BDIHSCY-:W>UF`+^S%@5Z#J9](?V6-?U<\-Z@<'WYI'_Z5+4[+7IWK.O_5` M7<';DWP)8S`GYQ,7ZB8%)D;`Q`C(_;"<%4SNQPP('F9`0',9Y;8HICK`5`=J M!P9I78.I#O8ZU0%R$-3M&LQI@$LT$-LO>WFLALD+,'D!LC"R,&8I\#9+`1K- M:([O,1T!IB/8]7X`IB/P3`%,1^!:`3_3$>"Z`>1B>_TZY.'5(AG;60;D."$G M%^BC1E/S9E+O&EL]=M5LO:*O^SU]_A\JG&)Y=R&-6I/40?E];4@JK+X#@X"6BOP=E>[_,!74;22,E,3E'B`C&N49(<938CPE,CH\9P23T3'JTM^H2S0MO.Z` ML9DOU#G&9F)L)L9F`E0`8S/=Q&;BZL+?A3M&<.YA!"<:I`=QGF8;>Q?DEIW? M1&EY3L=.NL'7%;/[S2\NHMO]NUUW]@N)YG%ZJWJEC8@-9-/K?]&QB!^(%%A? MPBJN+WF\B/(G13"Q0M0JTDM"O?;<$*M(V`;:#X_W='4H?]O=OUO$=![E><3& M1C%^"E%K6QQW64(I_",AQ4DDJ3`NDW.!,4N6BU3@I=6B-I!^CA[CQ7)QLEPL MD^IM5A<;3BBH6S)](/GTYH;24[F6\TYL\8`M%'.-W4C-[-MFEZ0.'T@ M14GF?#7.[CQM7!?2J_:,)UI9#Y(Y652<0/TNZWO]"\'*4"5L':T&GZT5`W4A MZ2TQ&#V%J&6D2FQ6[>UX-LN6:;D:DN.B(*7@-$DI[`2M`487:RR)*Q(*6?DB MN2=L=9S>KE;+\G6J7-(-3L5:52EL9S:FT6VU;\36RFK#D4G:P-GF-799F.0/ M=#423JY#'6[SEK;UF.:7\2).HOP\2X=JHFMK0Y>3C*Y^4SHAPLH-\"FL4L&@ MB57DD^'(Y4VL(C\Q(I?-,7K%.7Q[,]E3+\>/B[3.;,IZC%,,!LVL[CO MI(3K"AL=FM^BF'V5T"5KO+A>YD7%*"JL)FUL8#\GI7)%\ M$:>1>/&TU4.LG(!D>7F3)7%VMT)9)U@_QRG[TC^K=O*J]&>D7D@<+Q@L`PVT3["H%Y\% M5WDTK]="=.VYB`MV;TO^-C2MK-H`N<])00?Q?5;>?8Z*DG)>M:";B[9"S%K9 MQ$__FT0U*4]OZ)=A3F;+G.W=JW:;!C6V_J5P3KZR*?$^JHY9/A1EO*#DH_ML MD+9R_`VA5V-08ZO?$^WQ_26BJ,H\RG*ZL(KRIP8B(>E9.DN6K=M4@L^.X8^R MZP6*DH[O_"J[(#<)F94GU`Z(PALK6MC$?9Z5)QGM-UE!8:9\NB1767=.R149 M\`BKO!(M[A/M]8ZNF'V$[Y]^)Y'\PT0I;!_M@*LIBA:N1EFZ_:\4MH^6=?\Z MU,'D4H[P'1KAZP4I6,/WU@C?6U?XPM0A1"P"XM9Y#U`(`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`2[)_W)1S@FFAQ M]7*76<$EV+?O2SC`]4:+JY=IS`HNP7E!7\(!KG=:7.^$`E\;?UQ(.<&G\?2WA`)?&W]<2#G!I_'TMX0"7 MQM_7$@YP:?Q]+>$`E\;?UQ(.<&G\?2WA`)?&W]<2]G&)[A?T)1S@TOK[T(F_ M#[7^/G3B[T.MOP^=^/M0Z^]#)_X^U/K[T(F_#[7^/G3B[T.MOP^=^/M0Z^]# M)_X^U/K[T(F_GVC]_<22O^<[FR;W-52R-K'J[VW()6WBO"!1D:67A.T5KS(. MG\8LK1O+YI)GB[/%@LSCJ"3)TY>T=*E.]?*6SU7%`(1#T75&W<8Q^*VP[F3]E7X\FA MDK4YOD(4L7>DS3N@S3](:72+^\R[X*?*5Q M0Q=:M-)B<#351!$D!!G0U,F\&G:55=K&!?;F2[_^[!3?4^4?:5M_V]KIU>GX M#7CWKG97NCCTNRSZ%E9VUAXH;]P2L\MQ"EE76%57Y=3BCA!+OG'DDHYPR@*\ M%:(ND8J.0N2B#I$*#ROEHHZ07L857ZPN;AHA[C9QA%QW,57;P@;N5O#<)7D@ MM.>GWV.2S*6N5]O`*6J%$S9IXQ*[)%1$(^X2L3E89SCI-\.'/Y?Q0Y30E:4Y M:%$S&QIY-+VLY7.+54J?V% M8/?KGG8+M]>^0.&7U59= M@>_=#0,-OK52XKS4^_P&I<#`HJM<*=AL:UA_E2L#FX6W++W*E8--U8/JKW*5 M8-.X43%6K@IL1G]^\56N)VS>5U9DY2K`7@5TBK9RT+"I7U'+E2L`F_XW"K[R M;SHO"%]I?I!5T.7[8 M%-[#WS\..(3-W3T-+MHGIF]@\[6B$B]7`#9/ZROS5Y*5K, ML7O!S8:%B[E.7O"TOH(Q5\L"F8W5%;*X#;%XV+([-@])A,[-9H6RN M"VS*[E72YK!A<[:JOC;7P`\FE]?;YGK`YG%AHE$.'39[RY*.# M;X#[PYQUM?@&N#_,69>3;X#[Q)RMVULA\$Q>_8+T#7"?F#-L,2?P/%[]DO8- M<)^8,VPQ)_#L71W@+>8$GKNK`[S%G,"3=G6`MY@3>*JN#O`6$'721^;#2 MAHVJL-EWK6IUU8-7<#S/RBK9,IF?I>M:%2VM8%-SMS;]JNA=@QXV/_-WTM5B MXZPL!)Z:2Z9$2P'8G"VN8]^=2;#IN[DL(=2E,Y]@$[I:E98:L.G]4_95/ZG\ MH'>A*IMS"GAV+J4F+2U@4[CN7FT(/#57%S^[8"2_710"3\[5U:9U?_.D2@K5 M6AL"S])5@3[/3LE\.6.0Z.*0)4#A&5.NHD?2?B^PZ;S[7GYE^7AJ+OG(4EG1 MC\5-UP6;V7O5Z=F-O(0\1&EYE=$WP_/UM12"S>]=A:8IJ;Y$IC?'-]0K4Y4N M[[*O;:\,F^B[^K12CW&%JNF7MS2"S?N]*2>_RAH"S\[55:79;*F_^,51$OS; M>/`6`/!,7M+!$+U7OY82\ATHX,F[!`7%NW>50^`IO$0J",KA`<_B)="B\[4& M/'V70(%.AID0>/8NF0:M`S?@.;PD&K3/\X%G\A)H+X$F MXF"$$'B2+T&I^\T2\HT>L#E;JH>`+(`G]9*ILAGY&`)/Z273HJ4`;,X6*"`J M;=]H`YO`K^[BO'R26S=L\NZ@%]DT;.[>5*!KR;!9>Q/[&C;PM%T-;)75KA-W M_?U51X5/])_U7_YVTV=*>?C22MSZ*;93HOOI]EBU?5&+":#/3K@J^\;[^HD+M_@+>8;#J,:BZ#(Z#DX#V&IQ]MS%%Z/?SQN#0?T=E MUKS>NYS<;,Z,@LR^O\T>7LU)_(I=I60_'+`?#EZ'!X?A]X_%_-_HK_YY2GMG M`%M;+?Q7QX]QP3M(V&?7S]\9M7AE%_EI-=\50+G`3HV.S_.#>3W/-PUOP$@S M,Q2AYZ:'AN>'X>5Y/7OSO#MY-[?*/I.(J2(P-H7<"YG80(Q"2U-*.C0Y[2CW M=RT[X%<6-T&+\\/B=(3QB=Q&R8>4*OA"4JJ[N4$MGFGQW3F&04.6UM M8EV9T"&:D!\FI":$YBIJ53J]5EI,6U))&\2U[E-&6'T)QT2E&5F>C[@'FU>8 M,K2O7Z@.^6QY39A]K22"?Z=L,SM*2Y/4Q?I1<+J(D.8GN_Q$ERWI41,8W"9GQK7KIF-ZJJ^!;TUG/ M[C9Z#*HN`]IG4'6Z,D++QE>=K:IL;B5@^3-L9Q^0+VN,=WQZ'S1FJ3#'C;'N M?IE)\0_]5*N,.?A<;=A88CPT.S@3'.H.B1&N\B9D71^^#E\?5AW37_RSGA:? M-W8@5]WV_VR)>C?&8&>[,AZHT7\#`S]T<14!V9W!7$58W`T#M5Y0H!ZZO82K M!+AF-S23%-3^.BS./KJA`#JTM<1:0(EQ5#&CK58C!Z]\ND%]M) M=[I*,M7">!IU_;>72G64,=VHQ26@OUP%=2/IV<[NI+-_4Z8_NP(UH9'7([@@F MJUL^,0;%\4K<`X]FD>M],*Y]O_CPC",?=M%E,@G?O)4?^_1$7KQS^=*C+^+V MJ_V9-SZ<;Z48X!>_,A+:#DT3IK8"*979H6 M?44]:]+GANB.WLJ*WE(YVM&\_(G=CB1S:G3YDJQ_F='Y\5BNKD7^_%U!;MD/ MAJ9WEM[165:RK='@)LN#]9?,3T&0YS_U4:-)`C+)EYG\N\;6)'R30VM$;""; M7O^+VEG\0*3`^A)6<7W)8S8%6VEAI`#[HE:17A+J?^:&6$7"-M"N$L))WW;W M[Q8QB7)42>")1*U],MUE"24CEEVO"?`6?C@)Y!Q@K`A4,:(:<2L61)>\]&VF MMSQ;H714!3BQ8GRAXFL3B1J$6D!<^1R'+`WIH` M5K2PB?N"I1&=WGQXG%4)12L3TV-7M[*(_\-CM+A/M'31%;./\/T3R])DB+,C M;!_M`*I3M'`URE+WK!2VC_:WN+R[('.RJ!#H7/20M@YF3+9&L\7LT;1VJ\^@ M6:5HZ%:+8?-+U=*^'@,6`HH6]G'WP)V$1EXJ%5LK;VI)2[459'CG5H,FHR.5L8 M33RE3,X61KU7%$O9P,?+>!RG+6"\'N'QUW M[VW!QB\Z3NY>*0:I0?>\>7W1!SYH15$EV&G*97G"\]$B>:P&;W>5']1P_;()7'>!S#6#S>^^$G\.& M3>>J-N6J+CUP#6!3KOPR!,#';;#)6'$5@2L`FY'-KE5P7;SA9.DE"ZX);&+67[K@>AAG MN')4W`O3+6"I$RP&BZ8'.-/)..L'8#E8M#E,X(P%8=&((!L19D9U0U:C+0E[ M.;LC\V5"NM="C2Q.9&L3:C[\H>S']7,#]N#@VQ#K^FNODU$Z_T`$E=][3XJ] MCL.@G$]=J'L;1KBPC*OSK-I8QG4G;=MOKF"YU!W?S;9I>D#A]($5)YJ?Q0SRG MA,5.!C<.U?2J/>.)5LJ]-#G-J-]E?:]_T5=)*6P=K0:?K7)B38)1W>@I1"TC M56*S:F_'LUFV3,O5D!P7!2D%>T!*82=H#3"Z6&-)7)%0R%TR`+//'L62T/E9 MC[$2`U>&$&H>O)!B]22#4`1AD$)#UXD0:B0,4M!LP0BABL*+J+4Q#9TFF=IV M&@Y=-4*HP6"FJW(Y":$,PQ9JP"C`8`9:F"PV!IYH:QT8X!EIB$BDT*HQQPO10'J:'&HB0H,:]<4$3%$%*$,2 MIJB"I(#?*:K0KWNS4.J]('E.'X6H[0166M204UA)P:.).C;171B#):2J)%=* M83MI+-+HMK(E=AE8G7%#)FD#9_OP@1VHD/PAGI%P=9.E0375L;NIQDB_LLI1,BK((D^116J6#0Q"KRR7#D\B96D1\.1RYO8L4O MFN)UBO)X]NY@;R*#?0"*UF ME.=[F!9(<[:(:8&0L\?+V9@1R/N,0&A+8[UP@,F``.6BP61`D!3P.QD0NG0? MED>;;TF>]T0F9SL#D!HOY/0_8N1HD>XL\F7GO@V,[Y]^)U&NROFCD[>/F2%X M'>J0VN$KQ?^;0L?BT#5XW,;IVK$'#KS<;[?MITBW+H@ MY*C8%OXAC&04V\)_"R/GQ);PF>EVJ\-H M9C0QO.B`@9D<<^Z>PF[>ZNTN_\,SK-@W:$_ M9@CL9BN&-^]->//8#=#Y5!_=1HB=(&3DQ[TP3YC\B*&]>Q/:BP:&VY,8]8M1 MOQCU"^T*+$;](FOYM2S$@&!O`X+';E"C/$+#6&&,%4:FA^V88#(]AA'O61@Q MFAE>!WC6B@`CC#'"&".,/8DP1F_OW:)*_@)-@S'%;=P&):OT\"=`6:0%&C=( MX[9C1K:Q#XUU5K=UJXM9#+2H!0#SSWV->#>,,90[W1""%_E(WS MFB5&@:/U`:'`O;S=@@'B:$YX6(RQXWL4.UX7@[_*RBBY(.4R3PWKS+^/\A,Z M*J7(^-X)Z\U7?02K3H(A1A;\-^_M?_;ZM,[Y9R6H2U%[%B,^3D-S/J5'MU." ML>!HAI[P'<9\>QSSC8:$FXX[Q(FQW1C;#3(,&F.[<9GG)SM!W=;`&&YEW"`:Z+% MU5L!6L$EB([O2SC`]4:+JQ?/:@67("J_+^$`USLMKG=.8T3@R->Y#7N<"1SY MNS4Q>46K]78MA^X5J=8[NARZ5WQ:;_IRZ%[Q:+TOS*%[1:3UUC&'[A63UKO+ M'+I75%IO0'/H7G%IO4?-H7M%IO4V-H?N%9O6.]W\,\DK-JTWPSETK]BTWB_G MT+UBTWI+G4/WC$U;B:\GGK%IV$H<[QF;AFLVG7C&IN&:32>>L6FX9M.)9VP: MKMETXAF;AFLV/?2,3<,UFQYZQJ;AFDT//6/3<,VFAYZQZ63-IH?&H8ANL_Z. M\YX\9D'$>A%H;!""4L:9H@WK0J"58<8\+_T!-H8'ON_T%H`ZU%@/0JL1P&W'@6Z>H^74QMO MKQY)>;Y^I;#M@A4&R"&7K5#`1^N%9[V[LA-K:#\Q=$905Y*.6S%.EZ*`@9+I^ED#A+ZCO3;4G'P4>X MXL7[V!B;CA8(P0+Q7JC[^,!1!:RCZ8WZ1@Y&L:,MX1DWAK;['MK.%\`7T>EO/L;P?`W9SIGX\_9'U\*KN(JC["+XUO?PU**7$7I\R.O^6 M!'6-:T]BV,=L9LXG].@V1S!8'8W0"Z[#J'0/H]+1C'";$1XVA,HS\^QQ!Q M0!'*&"(.20$_0\31IWNU0%J_)GEHJTC&=N2W'"?D@.\^:C1!AR;X,I-]U]CJ M@:QF\16=!N_I\_]0X13+NPLSTYJJ#KH?D2UCMC*\)X5!9&AJ[@EMG-C\^Q#4*>V^!(:A_0&;K3`Z#S@ M6F!T'BX*QT%:4#>;,&P/%X$P[6F4YXX8SX?Q?,CSH/T23)['0#]_`_W0RIS/ M9Z@7*#`"$%``&D8`0E+`TPA`=/9[L:3"T,`]#`U$V_0K9M!L(^:"W+)=^"@M MS^D`2C=DNF)V/\S$13*[?[?KV7XAT3Q.;U6OM!&Q@6QZ_2\Z%O$#D0+K2UC% M]26/%U'^I`A,58A:17I)J`.?&V(5"=M`^^'QGJX9Y6^[^W>+F,ZC/(_8V"C& M3R%J[>/S+DLHFW\DI*#\4,:B"L(R.1<8LV2Y2`5>6BUJ`^GGZ#%>+!0M0R4B4VJ_9V/)MER[1<#K9?DZ52[I!J=BK:H4MC,;T^BVVCQB:V6UX<@D;>!L\QJ[ M\DGR![H:"2?7H0ZW>4O;>DSSRW@1)U%^GJ5#-=&UM:'+2497ORF=$&'E!O@4 M5JE@T,0J\LEPY/(F5I$?#D/;G,J9?#Q^7Z9S9%/48)I@- MFUG<=U+"=86-#LUO4WF1)G%TM\S2C:*2[O7)))S@5&[\J62=8+\2' M2V(QB][L8Y:5:5:20K^++A*UZ7?Y_E.]3V,`6-'")NX+]LT^O6E]O9M@5[>R MB/]]3J(_[K,X+=F1.?MNEO.>4-8)UL]QRK[TSZJ=O"H%%JD7$L<+!LM``^T3 M+.K%9\%5'LWKM1!=>R[B@MWFDK\-32NK-D#N?HZ*DG%_>JW:9!C:U_*9R3KVQ*O(^J8Y8/11DO M*/GH/ANDK1Q_0^C5&-38ZO=$>WQ_B2BJ,H^RG"ZLHORI@4A(>I;.DF7K8I7@ MLV/XH^QZ@:*DXSN_RB[(34)FY0FU`Z+PQHH6-G&?9^5)1OM-5E"8*9\NR576 MG5-R108\PBJO1(O[1'N]HRMF'^'[I]]))/\P40K;1SO@:HJBA:M1EF[_*X7M MHV7=OPYU,+F4(WR'1O@.G>%[:X3OK2M\X6L3?$S*@95GZ]/A+2Q>T]JM/H,\ M@:*A6RW,/(2H!0#<6L\A:@$`M]:CB%JXQZWW-*(6]G$/V+!3M+"/^R3)"KH< M,T;=E[=R4X-^+Y7D]DFZTNP)V$1EPC(J69M8FZWMDRR=T2^V7'(LHI.W%6^A MC+2P^K99AR9O6B9G"Z.))Y+)V<*H]SIB*5OX/F4%^9REY$D,K/5G:S,O2^?L ME+*(;V(RORRC4Q]%UG,3ET_2F#LE4 MI\(=\AC+&D[3:C]EFG\BA5J)CJ1EG,?S>5R'7M?._2R=DT4O=Y2X.CRLPKP^9=%<,'WU+:R<<*?I,DIJ M]R]=A0F%K*-3K,ID+JY=.R@DNP;]^7<(#KC1;7&R>X!.<%?0D'N-YI<;US@NL'+:X?G.#Z48OK M1R>XCK2XCNSCFKQ^K?'WM80#7!I_7TLXP*7Q][6$`UP:?U]+.,"E\?>UA`-< M&G]?2SC`I?'WM80#7!I_7TLXP*7Q][6$`UP:?U]+V,$K973.9U M5OJ8I75CV5SR;'&V6)!Y')4D>?J2DQEAN_5?2!YG@@L++_%,N[I7AY0?L[S" M>)Z554([,C]+UTES56H:-;>A$3O)O,K8SF\-ZA,#VT#\);Z](T7Y7TN*@.3)D_+]*X6MG@L*@:CG@JJ->^Q#<=O!_"G[:CPY M5+(VQU>(0STU%$V<(Q^(VOK]`O6U*RAWK:K.V9Z=DOIQ5R4ZS*FDVCP>NBA/WT9NU7=]E7=6E[ M=4,76K328G`TU401)`09T-3)O!IVE57:Q@7VYDN__NP4WU/E'VE;?]O:Z=7I M^`UX]ZYV5[HX]+LL^A96=M8>*&_<$K/+<0I95UA55^74XHX02[YQY)*.<,H" MO!6B+I&*CD+DH@Z1"@\KY:*.D%[&%5^L+FX:(>XV<81<=S%5V\(&[E;PW"5Y M(+3GI]]CDLREKE?;P"EJA1,V:>,2NR141"/N$K$Y6&?FDM4&)F`.$"GN32]K'*;$MH9!]=#I@EC&9V(Q2>!/M"]>W MKJI:'RPVRIT;5N&5UR"U5%S\&=CS?I%22P7%GP=:4,*T6T<<).Y^A=,5[-[] M*IBP^W5/U_6F?!72*MG+0L*E?4CY?K`IMPA16FY1K#YV*!&+5<$-B\;E*SE.YFPV=J@@BU7!#9G M:^'#9F[#*K=<&=AF;V#SM:(2+U<`-D_K*_-R/6`3MEF57JZ+%WPM MK-W+-8#-V\-K]W*]8+.X61U?K@ML4C>KZOBPL3\ZJ<7!-XI M6LRQ>\'-AH6+N4Y>\+2^@C%7QR=V%E4TYGKX1-2B"L=<#Z_86E#QF.OA$UN+ M*B!S/7RB;,7^Z3N?Z+N?C8%K`9O(>T64>20$;`Y7E5;F&L!F MJ,C,(-BO+JCAS]+"Y6%SAF6.'S;^=(M`<-&RRE1>'YOAADZRP ML:LV5@\V]\FK7'#]L&M97O^9ZP*9C=45LK@-L7C8LCLV#TF$SLUFA M;*X+;,KN5=+FL&%SMJJ^-M?`#R:7U]OF>L#F<6&B40X=-GO+DHYR]+#I69$= MD2L`FY_[U;TY;MA\W*_^S7'#YN!^=?`FAPILONV7#V^`PR;7?GWQ!CAL>NT7 M(&^`PV;5?H7R!K@_-%J7,&^`^T.B=8WS!K@__%D706^`^\.;=97T!K@_Q%F7 M46^`^\.<=9WU)E&7/\Q9%V)O@/O#G'6E]@:X/\Q9EW)O@/O#G'6M]P:X/\Q9 M%X-O@/O#G'6U^`:X/\Q9EY-O@/O$G*W;6R'P3%[]@O0-<)^8,VPQ)_`\7OV2 M]@UPGY@S;#$G\.Q='>`MY@2>NZL#O,6 M8D[@R;@V@4]:S`D\YQ8_9E%LUJ'EX0==)'Y ML-*&C:JPV7>M:G75@U=P/,_**MDRF9^EZUH5+:U@4W.W-OVJZ%V#'C8_\W?2 MU6+CK"P$GII+ID1+`=B<+:YCWYU)L.F[N2PAU*4SGV`3NEJ5EAJPZ?U3]E4_ MJ?R@=Z$JFW,*>'8NI28M+6!3N.Y>;0@\-5<7/[M@)+]=%`)/SM75IG5_\Z1* M"M5:&P+/TE6!/L].R7PY8Y#HXI`E0.$94ZZB1])^+[#IO/M>?F7Y>&HN^]7IV8V\A#Q$:7F5T3?#\_6U%(+-[UV%IBFIOD2F-\W-(+-^[TI)[_*&@+/SM55I=ELJ;_XQ5$2 M_-MX\!8`\$Q>TL$0O5>_EA+R'2C@R;L$!<6[=Y5#X"F\1"H(RN$!S^(ET*+S MM08\?9=`@4Z&F1!X]BZ9!JT#-^`YO"0:M,_S@6?R$FAP&5?TN+K'O]8$>%XO M@2;B8(00>)(O0:G[S1+RC1ZP.5NJAX`L@"?UDJFR&?D8`D_I)=.BI0!LSA8H M("IMWV@#F\"O[N*\?));-VSR[J`7V31L[MY4H&O)L%E[$_L:-O"T70ULE=6N M$W?]_55'A4_TG_5?_G9P$)S&"Y*RS/O!*;F)EDE9!`<']9\%[39TIY^-)*UR M_W=#^Z]>OWU/T:4%GDC.*$ MKC*B#TE5(*>X:CW@+"U)7N\01S4G\BMVJ9#\`<)^P+[^3NC%J_L(C^MIKX"*!?8J?WQ*7\P MKZ?\I@T.&&EFD2+TW`K1!KVSP3RO)W*>=^?QY@;:9Q(Q?01VIY![(6L;B%%H M=$I)A]:G'>7^7F8'_,KX)FA\WAF?CD8^D=LH^9!2#9\DA->3L$1P=9=2>MO\ MLV-RDXPB)[--K"MK.D1K\LZ:U#317%NMRJQ7/4O(3"II@\[6?5=:T$+'^1[>Q;\F7-[HY/Y(/&`!6&MS'6W8\T M*?ZA7VV5V0:?JVT<2S0W2@-S/I6A;HL8X2IO0M;UX>OP]6'5,?W%/^NYJ*%X%0._=G'1`,.GP5PT6-S\`K4\4*`> MNIN$BP((!C3*?=K=X.37L4DQ34_CHLSCZZKN`BM#7`6@"!O=K MH!?;(G>Z!#+5PG@:=3VUETIUE#'==L5EG0^L!'4OZ-G'*J`6Z=';H[?2+9N^B-MMCFU.&]U=+9>]6;X+TQ_=@;O&R-0P M'`],IK9\9`N*MY6X!YZ-(G_#,J-]OV/PC),8^H[#R21\\T9^"-,3;!>2?\4!'G^4Q\U&I\3XWN9:;YK;$UV,#FT1L0&LNGUOZA%Q0]$"JPO8177 MESQFTZZ50T0*L"]J%>DEH9YF;HA5)&P#[2I[F/1M=_]N$9,HH9$$GDC4VD+^ M+DLH[;!4;$TTL'`Y+Y!S@+&B2L6(:L2M6!!=QM*WF=[RU';2<95+6CGCK9)6 M?*1,W,.A&^4!32U:G"C5E,3B1*(6D18\H1Y+&'IK`EC1PB;N"Y9SR)V`3E8F'5LG:VI-2[D99'3G6H1L833QE#(Y6QCU7E$L90,? MK_EPG,ZEA1.Z:$W:6+Y1;S)5->(V1]L$KDK6)E;M-+#ZSGFGNM6=3,XF1A/? MI)*UB57OH^22EFU=[9R@>"1I30`=8%?VWL4Q`+)EI*T:,@-`F[5R,=(F?L*D MC0OL>K^A;P$X]Z;@%-CYE643W/U#8DO14B\$NW]TW`WH@(U?=)S?/Z2@]\T(H*/+!S6LN.IU?@8:>TUAQ8KW2`G=5:?HZ]@@\[L?6`TVS.7K!3 M7BL.N;D"L/E7?^C=%"_W0@_U`7A3J=4'7;IGXTVY.8_`=P[,FZHY'JF@*I<' MFZV5I^I-/GZ/5%"?K7.-8#/XL/-UKA-L6C<^:.??=EZ0NL&!.]?'"XY7',!S M/;S@>.F1/-<"-KO+C^HY?M@$KSK`YQK`YO?>"3^'#9O.5>?^7`/8;+YQ.8!# MADW7LFL#'#UL8I9=*.![E+!Y6'S9@&.'S;DF5P^X)K!95W,;@2L!FW15=Q2X M!K!IMW>)@<.&S;6RZPTA'DU<3:W?:R@)].;LC\V5"NMU[P36=(9Y._]CH7I/-O.5!)G_>D,.<>6H_S>0IU MS\$(%U;=Q*J;2/=(]UA2T\>2FJ.SCE'N;NX&)];+Q'J9($M+8KU,7)`!HARH M^R]8#!,78"[V4_;R`&S[O1*L=+GC:V,CK'2YAUX%)L=B&4MORUB.UT;V_2S] M&><66*,2(/X]J%$Y7F<#B9`[HR\OSR<5W*6MB$I1:A!#KD6T%Y MDB7+17I.QTZ+LRUJ)\_N8[Q8+DZ6BV521==5V\EU*K/I`\FG-S?TA:>W7^A; M%Z`?V!R$1N6=Z*S#L)E%#5H`SA;WS*E-TR_+?'87%:0P?S=#'V-10YXY;ZLY M9]88@#;*^:9NY&:V3=,+$JJ#=8%=5^!MJ3X>;]E0_.F#/ M#IJ'!_SI`*T+6/P8YN_Q.'_/*.S*^0R&NGV`F7TPL\_>9/89A2N#N43`G#\> MY_Q!NQGG_B=F`\)L0&I/!FG!@]F`1I$-",D([#X/Y@G"11NL?9N]/'G##$*: M4S_,((2\/"9>QMQ"WN<60NL9S]T`S#J$68>`9AU"-P23Q'MO0YZY12%J.R>1 M%C7DK$12\&B/-NUQ%S/?$E)5WB*EL)W,!&ET6QD.NR&J3J(@D[2!L[V9S3;H M2?X0ST@XN0YUN,U;VM9CFE_&BSB)\O,L':J)KJT-74ZRQ7V6T@D15G%O?`JK M5#!H8A7Y9#AR>1.KR`^'(Y(73?$Z17D\^W,9YV3.^+`*^TSG)I@-F]G) MTZ.'ZPH;'9K?HICE&L@O2+RX7N9%Q2@JK"9M;&`_)Z7)T$K$W,4QFZZ^E4L1 MYSOJ`Q21+U0@I,I>,>;%IO-DUK]=Q@]>#@V_K1?P$T+&"A09@"QN,4 M,/MN4LXG+]0M",S^@ME?]B;[R[Y[,9@+`TS\XG'BEW&;S"CW1S'G"^9\43LQ M2,L)_D M!0UG%&?^F-\%\[L`S>^"'@@<=6^^$GEV"YF<[:0N:KR0,[J(D:/Y63*_EYWH M-C"^?_J=1+DJC8M.WCYFAN!UJ$/*I1SA.S3"UPMLMH;OK1&^7D2O+7PLJ%"/ MSVWHH1%-Z,S'^2[/=HIPZX*0=F!;^(79!YF1Q MS[I[AI&]51K9?P;G6;#N![K-`;O=B!&K>Q.Q.BIK*%)G//UN$ MR7P8DKDW(9EH3>/>+,1H38S65/LW:/HK&>4 MIU<8XXDQGLCA@+P03`['\,\]"_]$F\)C]UU_E[Y4<*:'L8UH7K`I2_ZV3"/# MQ&WTNV8S.VL0^-LE2W=:N+6?2EJ`4`W-JH3%$+`+BU MT9JB%NYQZZ,X12V@Q+(9,-T0LW6^U_.R"L*-`'V^6B`C0Y^O%LB(T6>KY7LD MZ:@6?WAU$X-,T>+`?&Z-\TH9QI^BJ>'A/H:FHNW`L1T\/G-#3:./6JWK"5]E M991^C_(0.1BFRM'?"2L75HX/5LP.]107_S?OXG[T^.W/^*0CJ M`LB>1:>.P*JA07;)"V%O;R(`FC1#%*%#D9.1FC0?H3 MS6@O*8@/0=6E/#A-(F8[AE.)%G+8IA`X6I\]ZWO)>;ZC_>IJ'.L!/(FJ:VR" M/6J1D'5TB@A0F9QMC&?4$JOA.8U*#))T57()XX+Z$`USOM+C>.<'U@Q;7#TYP_:C% M]:,37$=:7$?V<4WH&DJ-JY9P@$OC[VL)![@T_KZ6<(!+X^]K"0>X-/Z^EG"` M2^/O:PD'N#3^OI9P@$OC[VL)![@T_KZ6<(!+X^]K"?NX1/E#^A(.<&G]?>C$ MWX=:?Q\Z\?>AUM^'3OQ]J/7WH1-_'VK]?>C$WX=:?Q\Z\?>AUM^'3OQ]J/7W MH1-_'VK]?>C$WT^T_G[B-#^4R2ZZ<*/1^0V.;<#WA M*M3[EQ!R-FV!/.RG9?($^:1!WF,SX,C7B8\1@2-?9U7K<29P MY._6Q.05K=;;M1RZ5Z1:[^ARZ%[Q:;WIRZ%[Q:/UOC"'[A61UEO''+I73%KO M+G/H7E%IO0'-H7O%I?4>-8?N%9G6V]@,:FX9I-)YZQ M:;AFTXEG;!JNV?30,S8-UVQZZ!F;AFLV/?2,3<,UFQYZQJ:3-9L>&D=UN4U4 M.H)+\9C>#3/5HV5A.BK,2.][1OH1F-0H$X9@YGFT$0S5[^+##//@4L@\D#RZ ME9G8=D4=?N@86=V%V-B`EW0`ENL-T\[[G'9^I*;F?%*/;K,"<]&C(>X-YXTG MOZD/">E':CJCW,/`I*>:_1-,>HKL/7+VQDRHZDRH/N0L1X/"/=>1I$=%`@-O M;Z`(;,SUT7Q(XHVFA+=4=IH"`HNF8=$TB/7%L&B:;JEG/1,^&+?E%[@YHDOT;)H57@F[G/F!G^# M:ODZ]B(N_JC-X92449S\FE;O;@O#^S%@]VOJI](?V8-?U4\.ZD<'WYJ'_V40 MN;[79W[.O_]`7?#:D^C9T=B4\]D[NMT+#),=M\7!9#&\D"R[D`PX/A9M9KQ? M67CS&&\>#_K`Q9O'X)1ZT9O'N'AS3D10MR#&D\P$<.#S:&QDE">TF+4$LY8@ M'R,?8WH2@_0D@&.\T7+P.LC>YB&Q%9R*1@27?M;O1!YG)Y*Q'7,JQPDYU+2/ M&NW-EKV]S,S>-;9Z^*HI>T7?^7OZ_#]4.,7R[@)`,'P M%;0K/++&B\%^EG0;C4&-\EC!B\`OX"$JH[$0W-)S0S.C+>=V&A=LCX5R9M>V M3J,R6FVQJ,HF5L,AMK$C9F/-\\56QGH)OO%^])96=;?ONW_./^A`'4?M2SS* MN"W-^9R&NDFQ_;63>D)-,4;YHB=P/Q0#"Y&X-Y9<&\D.-#T)+PO!1#?#'$%T-\ M,<07%WI>T1/,A1X&&D$.-$)[PKL*SSF_H2\ZG$S"-V_D1S<]D?V(?0*,7SSL M+W)"8RUX"QV39T2/(5U[&-*%5@@UT,OL;.>"W++OP"@MS^F@2<]XNF)V/PS$ M-=6Z?[?KPWXAT3Q.;U6OM!&Q@6QZ_2\Z%O$#D0+K2UC%]26/%U'^I(@F5(A: M17I)J*N>&V(5"=M`^^'QGJX#Y6^[^W>+F,ZC/(_8V"C&3R%J[9/H+DLH;W\D MI#B))`4G97(N,&;)WU*YG`O0#FX/0J+P3[=X;-K.H00O`V:*J.S)-ORSSV5U4D,+\W0Q] MC$4-Z<R@5^T9 M3[2R'B1SLJ@X@?I=UO?Z%X*5H4K8.EH-/ELK!NI"TEMB,'H*4M4N:0; MG(JUJE+8SFQ,H]MJPXBME=6&(Y.T@;/-:^S2`'&]S(N*45183=K8P'Y.2I.AE8C!&%UV-C"]N2+Y(DXC\>)IJX=8.0')\O(F M2^+L:IFG&44CW>V52SK!J=CX5?ZGT:`\"*%C9Q7[!O]NE-Z^O=!+NZE47\[W,2_7&?Q6G)CLG9=[.<]X2R M3K!^CE/VI7]6[>15"8](O9`X7C!8!AIHGV!1+SX+KO)H7J^%Z-IS$1?LAI;\ M;6A:6;4!6\:D$W%VV%F+6RB9_^-XEJ4I[>T"_#G,R6 M.=N[5^TV#6IL_4OAG'QE4^)]5!VS?"C*>$')1_?9(&WE^!M"K\:@QE:_)]KC M^TM$495YE.5T817E3PU$0M*S=)8L6U>H!)\=PQ]EUPL4)1W?^55V06X2,BM/ MJ!T0A3=6M+")^SPK3S+:;[*"PDSY=$FNLNZ25:W"?:ZQU=,?L( MWS_]3B+YAXE2V#[:`5=3%"U8A1"T`X-9Z#E$+`+BU M'D74PCUNO:<1M;"/>\"&G:*%?=PG25;0Y9@QZKZ\E9L:]'NI)+=/TI5F3\`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`UP:?U]+.,"E\?>UA`-<&G]?2SC`I?'WM80#7!I_7TLXP*7Q M][6$`UP:?U]+V,$K97O$HS?!JSM&XLFTN>+-,<&'A)9YI5_?JD/)CEE<8S[.R2FA'YF?I.FFN2DVCYC8T8B>9 M5QG;^:U!?6)@^\@E8C;'O`M!O+&MEG:)UQRK'9R_Q+=WI"C_:TD1D#QY4KY_ MI;#5'2M;F^`IQJ*>&HHESY`-16[]?H+YV M!>6N5=4Y.]DV.`@W;.9"@];5G9,JLX%@%672Q@;VJL?S[)3,E[,JV6E6);P^>K-6+L;^5Q917OOBCRS_`OV.$:>T,6SG0H?J7D="'J*TO,KH6/+\ M,'HMY"U=Z#%-ZX)+TQM>:O'R+ONJ+JZJ;NA"BU9:#(ZFFBB"A"`#FCJ95\.N MLDK;N,#>?.G7GYWB>ZK\(VWK;UL[O3H=OP'OWM7N2A>'?I=%W\+*SMH#Y8U; M8G8Y3B'K"JOJJIQ:W!%BR3>.7-(13EF`MT+4)5+148ANR0/A/;\]'M,DKG4]6H;.$6M<,(F;5QB MEX2*:,1=(C8'ZPPG_6;X\.KOR&J26ZFT_`WO> M+U+:K;$-$K2@A.D*=^\"%2C<_0JG*]B]^U4P8??KGJXK2_N`_U)0"W6E0>_& M%B@-NL525Z![U[D@@A9M5Z[P]ZY]@<(OJZVZ`M^[&P8:?&NEQ'FI]_D-2H&! M15>Y4K#9UK#^*E<&-@MO67J5*P>;J@?57^4JP:9QHV*L7!78C/[\XJM<3]B\ MKZS(RE6`O0KH%&WEH&%3OZ*6*U<`-OUO%'SEWW1>$+ZX"BQ7P0MZ;Q?GX,!A M4[FP@BR'#INHY95E.7[8K*PL-\M5@,[&LC*T'#]LEC4O1\OU@4VY0XK2-BA9RWUE?FY7K`)FRS*KU<%R_X6EB[EVL`F[>'U^[E>L%F<;,ZOEP7 MV*1N5M.7ZP*;Q0<5]N4JP29VLR*_7!?8%#^HTB^_^^(%\6]3X)"FPT+%W.=O.!I?05CKHY/ M["RJ:,SU\(FH116.N1Y>L;6@XC'7PR>V%E5`YGKX1-F*_=-W/M%W/QL#UP(V MD?>**/-("-@2Z8LM<"]C5H#ATVLQJ5D>9Q>[#9=J/6-(<, MFUZ[U:@Y:OATNL8*FT=-ZEAS36!SJJ:T-5<"-K5N6=6:*P>;>^75KCE^V#2L MKW[-]8!-Q^J*V%P'V+QL6!R;!Z7#9F:S0ME<%]B4W:NDS6'#YFQ5?6VN@1], M+J^WS?6`S>/"1*,<.FSVEB4=Y>AAT[,B.R)7`#8_]ZM[<]RP^;A?_9OCALW! M_>K@30X5V'S;+Q_>`(=-KOWZX@UPV/3:+T#>`(?-JOT*Y0UP?VBT+F'>`/>' M1.L:YPUP?_BS+H+>`/>'-^LJZ0UP?XBS+J/>`/>'.>LZZTVB+G^8LR[$W@#W MASGK2NT-<'^8LR[EW@#WASGK6N\-<'^8LRX&WP#WASGK:O$-<'^8LRXGWP#W MB3E;M[="X)F\^@7I&^`^,6?88D[@>;SZ)>T;X#XQ9]AB3N#9NSK`6\P)/'=7 M!WB+.8$G[>H`;S$G\%1='>`MY@2>HZL#O,6,XM?LRBN+X7 M`L^VQ560WN$+@6?9>M]4O&>U#B\).^@B\V&E#1M58;/O6M7JJ@>OX'B>E56R M93(_2]>U*EI:P:;F;FWZ5=&[!CUL?N;OI*O%QEE9"#PUETR)E@*P.5M]"53;G%/#L7$I-6EK`IG#= MO=H0>&JN+GYVP4A^NR@$GIRKJTWK_N9)E12JM38$GJ6K`GV>G9+YJT[,;>0EYB-+R M*J-OAN?K:RD$F]^["DU34GV)3&^.;ZA7IBI=WF5?VUX9-M%W]6FE'N,*5=,O M;VD$F_=[4TY^E34$GIVKJTJSV5)_\8NC)/BW\>`M`."9O*2#(7JO?BTEY#M0 MP)-W"0J*=^\JA\!3>(E4$)3#`Y[%2Z!%YVL->/HN@0*=##,A\.Q=,@U:!V[` MTDNF14L!V)PM4$!4VK[1!C:!7]W%>?DDMV[8Y-U! M+[)IV-R]J4#7DF&S]B;V-6S@:;L:V"JK72?N^ONKC@J?Z#_KO_SMX"`XC12N?[NA_=>O7[^GZ-."SN8\GD4W MRW1>?#_+%J^J,6`U&>C7YS(G:WU/21G%"5UE1!^2JD!.<=5Z`*^?^S&;+8O5 M=8.S23,V<OZCZ"NI.`]1)\X_W\187:?06\LV#5 M6U!U%]#^-N8%_6C>&!'Z[ZC,FG=ZEY.;S>E0D-GWM]G#JSF)7['[D^R'`_;# MP>OPX##\_K&8_QO]U3]/:;<,66M_A?_J^#$N>`<)^];Z^3NC%J_L(C^M)KD" M*!?8J:7QR7TPKR?WIK4-&&EF>R+TW-[0VCRVMD_D-DH^I%2K)XEU]20L65/= MI=26-O_LV)(DH\@M9Q/KRFXF:#>`[2;/Z\F9Y]VYN;F9_)E$3`>![2CD7LB" M!F(4FI)2TJ%5:4>YOZ_?`;\RLT,T,V_-K+E>6I5#K[J6&)I4TH:IK?N4F5A? MPK%I:4:6YQCNP>95HPR-ZA>J0SY;7A-F5"N)X-^I#`G.2K(H@C);R_R'%7M; M+6+7UG:Y7"RB_.G7M'I=9-Z>_V=I2?+Z:#Y*+A=1DIQ$]_^(DB61F]V;D)G= MJIN.T:WZ"KXUO?4L;J/+H.HSH)T&5:^.S*\Z,559W4K`\G?6SKX07]8<[_@$ M/V@,4V&0&V/=_?22XA_Z+5:9<_"YVH:Q1'1H>)"F.-1-$"-7Q=U5]@Y8BK0!3A M8F-(0Z=:#$;O?LWT8MN#3I=,IEH83Z.N!_=2J8XRIANXN`STF:V@[C4]^WP4 MU.)/B'?H00DN^V#O'>WED?[V^T*7]5G8VZ-WTBVAOHC;;91MKA.XNY(N>[-\ MEZ<_N@-WJY'983LDF,QN^6@9%,\K<0\\PT6^]\.\]OV.Q#-.AN@+#R>3\(U\ M!=`7F_:VQ-UC(YM$;$!K+I];^H MI<4/1`JL+V$5UY<\9G.PE=M$"K`O:A7I):$>:&Z(521L`^TJJYGT;7?_;A&3 M*-&2!)Y(U-K"_RY+*!VQ%'%-E+)P^2^0\I1[ MTG&52UHYW5-EL39%?VZSQZ(G*;DDDYP M*L95)6OE*Z>D3HSVHX!38^95H$]S]0V)+T5LO!+M_=-P-)(&- M7W2D+K! M@3O7QPN.5QS`Y2P>5A\V8!CA\VY)EN`:P*9<^64(CA\V_VJ= M)VP"-KDSP8_;8).QXBH"5P`V(YM=J^"Z>,/)TDL67!/8Q*R_=,'U,,[4Y*B$ M%296-X4C<^]\6%&?/>EY5XD+;MI_B^T.@!6-\J$Q%[4&(9>_!3-"/-\ M.B>LT=9"O9S=D?DR(=WKH48V)S:W";4@_ECVX_K)`7MT\&V0@9U-_MKKW)3. MOQ5!):W>DT*G([(JY_,7ZEZ'$2ZL8HI53'%Y`,*1P5P>8(E2#TN4HM6,>;=U M-SBQ_BC6'P59JA/KC^("S@,J@KJ_@\5%<<$&:;]F+P_JMM^+PEL6%&UG;'+?@YJ?Z(0@$WCGK&L20ZWM*H*,5VK/"EY[O5E">9,ERD9[3@=3B;(O:R5O\&"^6BY/E8IE4 MT8K5]G:=&F[Z0/+IS0U]^^GM%SH%!.@'-@>A47DG.GLQ;&91@Q:`L\4]_V+ODI*8>MH-?AL5=EJ\F[J1D\A M:AFI$IM5>SN>S;)E6JZ&Y+@H2"G8SU`*.T%K@-'%&DOBBH1"[F+DS;Y]%$M" MYR<8QDH,7!E"*`7P0HK5DPQ";8!!"@U=)T(H'3!(0;,%(X3B`B^BUL8T=)I[ M:=MI.'35"*$T@9FNRN4DA.H$6Z@!HRZ!&7#%@A1$,8+!6@"I03#(TL6+6A`U M"+;4`TC5@6U6F9LN-`2>@6E$N^$84)X28D4ES.HD9F9#'D<Y&I"J\*[#9C% M";,X&2X$;&=Q0O?D%^GWWI(\XXU"U':.)RUJR%F>I.#13B'8Z2XLPA)251XH MI;"=3`]I=%L9%+L>JTY*(9.T@;.]N=DSLBQ"J--YR:8#9O9R7NDA^L*&QV:WZ*8Y6[(+TB\N%[F M1<4H*JPF;6Q@/R>ER=!*Q-S%A9NNRI5+$><[]@,4D2]4(*0;,M7"?-D"(>?0 M-EKIEC`04@V9ZF6PKH&08FBP.O+%#H040X/5D:^`(&01,O;4&B6/2H=P4QI`PSX:#-`=J) M'V=,!N;(06/#N[&8/0>M!Y;UX-TS-_0T^KPZJYG_X3%:W">DFOM5^O3GF-R; M39-;=1&L^@B^K7OY"[K!`0N%PI0Z/?S^I-09JZDYG]10MSXPFPYFT]F;;#IC M]6XP%Q*82,?C1#IH2KA?BSET,(<.YM#!'#JXU/.%GZ#N&6'Z'%S:.3>=49X. M8N8V/2'.^3YJ!!C?K.`N;+P7PYAO1O.U\.>B9OJ'[S5.%G"%'C!S-TK%9OJP!V,#X_NEW$N6JM#@Z>?N8&8+7H0XIEW*$ M[]`(7R]0W!J^MT;X>A'2MO"Q($T]/K>AG$;TH3,?Y[M(VRG"K0M"&H=MX1_" MR->P+?RW,-(R;`F?F6XW#0/LV(ZQKGCPZBM&_:*YP?C`&.<%,@SX13O#TWR, M]47#@6`X>&3FAI0PS'?#X,ZS"S(GBWO6WQH!<# MPYZF`58BUH`P*T-O!:U`(!;&Y`M:N$>MSY06]0"2KBJ`0,.,5OG.W$OJR#< M(._GJP4R^/OY:H$,"G^V6KX'B^.B$&])8QPY6B(02\0+A>ZC^<8;8HXF.-8K M'!A]CC;E_EQAWP]#,3#=]B6@NA[[559&R04IEWEJ7.S]?92?T'$I11;X3ECT MO>HE6'43#+2TX+]YA_^SUV=YSC\U05W_V;,`]!%;F_-Y#74+!0/-,=!\;P+- M1^S@8"XG,*#1MG3B(A*RC4P1Y MR^1L8SRC%EH-SVE4:F!V1&TC#8^.!"'$?0D'N`0A\'T)![@F6ER]`QXKN`2A M]WT)![C>:''U@F6MX!*$_/UA`-<&G]?2SC`I?'WM80#7!I_7TLXP*7Q M][6$`UP:?U]+.,"E\?>UA`-<&G]?2]C')4H1U)=P@$OK[T,G_C[4^OO0B;\/ MM?X^=.+O0ZV_#YWX^U#K[T,G_C[4^OO0B;\/M?X^=.+O0ZV_#YWX^U#K[T,G M_GZB]?<3IRG@3';7A1N-SN_7;`.^GY[.:1ZWH?@[NY,0OX20EFT+ MY&$_\YHGR"<-\AZ;`4>^SDW8XSO@R-\TR'N,"!SY.G%BCS.!(W^W)B:O:+7> MKN70O2+5>D>70_>*3^M-7P[=*QZM]X4Y=*^(M-XZYM"]8M)Z=YE#]XI*ZPUH M#MTK+JWWJ#ETK\BTWL;FT+UBTWJGFW\F><6F]68XA^X5F];[Y1RZ5VQ:;ZES MZ)ZQ:2NK]L0S-@U;6>D]8]-PS:83S]@T7+/IQ#,V#==L.O&,3<,UFTX\8]-P MS::'GK%IN&;30\_8-%RSZ:%G;!JNV?30,S:=K-GTT#BVSFT.X1%?EL=,BEB, M`BT.3'C*.).18=$)-#5,"X/%)=!VX-@.)EYP0TU81.*!Y-&MS/2>7<_EAX[Q MU;V)C="G:B[`,@-B98D>?H\J2Z`)PIKL4#=)GI&6",M-8+D)7'A`]GHP%QY8 M@\+G&A1H8K@7C(4IL##%"V[#.T_WB(4I]K\P!?*6!TM#K%;A4[4*-"D\J]Q^ M_PA+6.SX[M^82UB@:_*`[;&NA?]U+=#0\,X%%KO`8A=;+Q>L%[M`C^7[TF#C M%=:#*:\#H!2V70W#`#GDFA@*^&C"0$UX5\9B#>TGALX(ZDK2$<[?290+\V[+ M15TB%67TE(LZ1"K,N2L7=83T,J9.L\GP9X2XV\01JP=W)A!28CY?D;?]$Q`O%0F!Y,E\EB)=#P4A?>:S%!*G8'UGNL_F.)0) ME[UXIQL#W]$,89DAWH!T'W(XJFAXM#^\=H(A\FA0>(:+T>EO/,[\?`W9!I.Z`_LCZ>%5W$M2]!-^:?OX:FK1BK\\@G7]? M@KJPM">S&NJN"4;"8R2\]Y'PHW=O,)<2&/+N8<@[VA+N[&)L.\:V M8VP[QK;C8L\_@H*Z;X1![+BXQN6CA:% M=Q>>Q_,8?PX1_Q[$GZ-K\H_LU^]*'C(KDK$=5B['"3F:O(\:[="U';[,C-\U MMGHLJZE\1>?">_K\/U0XQ?+N8MBT]JJ#[D?$S.A-#>]:880:VAL0:AOGA04, M14-#P\,CC#E#RX%A.;A!ZX:6QAM<%A=L;X=R;-?F3J,R6FWM&!9%KF_-"VWO MB-E>TY78^EB'P3?>Y4`+K/K>]]U(YQ^,H`XC]R7D#"T0Y%R'NCF"@6@8B.9_ M(!HZ/7^6'1B>YF-X&EH8[@%CT-JNM,"@->!:8-`:+@S'0EM0]Z,PE`T7@E`M M:I1GE!C@A@%NR/7`/1-,KL>P-W_#WM#.`,QHJ'<3&1C%^"E%KGU!W64+Y_",A!26(,A;5Z)7)N<"8 M)2D_E6 M<\ZL,0!ME/--WQ<85!K]HSGFAE/4CF M9%%Q`O6[K._U+P0K0Y6P=;0:?+96#-2%I+?$8/04HI:1*K%9M;?CV2Q;IN5J M2(Z+@I2"W6JEL!.T!AA=K+$DKD@H9.6+Y)ZPU7%ZNUHMR]>I;U]@%1I(_T-5(.+D.=;C-6]K68YI?QHLXB?+S M+!VJB:ZM#5U.,KKZ3>F$""LWP*>P2@6#)E:13X8CES>QBOQP.')Y$RM^T12O M4Y3'LS^7,?UZ^+A,Y\RFJ,L\>)ZF1<5 MHZBPFK2Q@?VOKW02[NI5%_.]S$OUQG\5IR<[,V7>SG/>$LDZP?HY3 M]J5_5NWD58F?2+V0.%XP6`8::)]@42\^"Z[R:%ZOA>C:):E*>WM`OPYS,ECG;NU?M M-@UJ;/U+X9Q\95/B?50=LWPHRGA!R4?WV2!MY?@;0J_&H,96OR?:X_M+1%&5 M>93E=&$5Y4\-1$+2LW26+%M7JP2?'<,?9=<+%"4=W_E5=D%N$C(K3Z@=$(4W M5K2PB?L\*T\RVF^R@L),^71)KK+NG)(K,N`15GDE6MPGVNL=73'["-\__4XB M^8>)4M@^V@%74Q0M7(VR=/M?*6P?+>O^=:B#R:4$+ M7YO@8U(.K#Q;GPYO8?&:UF[U&>0)%`W=:F'F(40M`.#6>@Y1"P"XM1Y%U,(] M;KVG$;6PCWO`AIVBA7W<)TE6T.68,>J^O)6;&O1[J22W3]*59D_`)BH3EE') MVL3:;&V?9.F,?K'EDF,1G;RM>`MEI(75M\TZ-'G3,CE;&$T\D4S.%D:]UQ%+ MV<+W*2O(YRPE3V)@K3];FWE9.F>GE$5\$Y/Y91F52\&VAES2%LYJ6#Y'^1^D M9%LG8H@](7NC6)ZE++IP?DKNZ>2B3WVBORCC?E_=17EYG,Y;J?VJX&$IB9FTL9QCU(3B-.*6$;N0QUC6<)I6^RG3_!,IU$IT)"WC/)[/ MXSKVNG;N9^F6$.TV745*[?^DJ3"AD'9UB52:3LXWQC)IR-3SBU`X* M4=M(PZ,CP?YC7\(!+L'^>5_"`:Z)%M?$"2[!OGU?P@&N-UI<;YS@$IP7]"4< MX'JGQ?7.":X?M+A^<(+K1RVN'YW@.M+B.K*/:_+ZM<;?UQ(.<&G\?2WA`)?& MW]<2#G!I_'TMX0"7QM_7$@YP:?Q]+>$`E\;?UQ(.<&G\?2WA`)?&W]<2#G!I M_'TM81^7Z'Y!7\(!+JV_#YWX^U#K[T,G_C[4^OO0B;\/M?X^=.+O0ZV_#YWX M^U#K[T,G_C[4^OO0B;\/M?X^=.+O0ZV_#YWX^XG6WT\L^7N^LVER7T,E:Q.K M_MZ&7-(FS@L2%5EZ2=A>,9G7B=UCEM:-97/)L\798D'F<522Y.E+3F:$[=9_ M(7F<"2XLO,0S[>I>'5)^S/(*XWE65@GMR/PL72?-5:EIU-R&1NPD\RIC.[\U MJ$\,;!^Y1,SFF'VU=(N\9ICM8/SE_CVCA3E?RTI`I(G3\KWKQ2V>BXH M!**>"ZHV[K$/Q6T'\Z?LJ_'D4,G:'%\A#O744#1QCGP@:NOW"]37KJ#*4-H;M7.A0W>M(R$.4EE<9'4N>'T:OA;RE M"SVF:5W>9'K#RS9?WF5?U87:U0U=:-%*B\'15!-%D!!D0%,G\VK8559I&Q?8 MFR_]^K-3?$^5?Z1M_6UKIU>GXS?@W;O:7>GBT.^RZ%M8V5E[H+QQ2\PNQRED M76%57953BSM"+/G&D4LZPBD+\%:(ND0J.@J1BSI$*CRLE(LZ0GH95WRQNKAI MA+C;Q!%RW<54;0L;N%O!GWZ/23*7NEYM`Z>H%4[8I(U+[))0$8VX M2\3F8)WAI-\,'_Y6YJ!%S6QH<'47Y^63U@8E8@X0*NQ-+FD?I\2V MA$+VT>F`6<9D8C-*X4VT+USCNJIL?;#8J!AN6(=77H/44GWN9V#/^T5*NS6Y M08(6E#!=X>Y=H`*%NU_A=`6[=[\*)NQ^W=-UQ6D?\%\*:J&N-.C=V`*E0;=8 MZ@IT[SH71-"B[KD,-F<9.*N%P3V&0N M*9;+P<-F\JTJY7+58)/Z%VD%78X?-H7W\/>/`PYAD;V'RMJ,3+ M%8#-T_K*O%P/V(1M5J67Z^(%7PMK]W(-8//V\-J]7"_8+&Y6QY?K`IO4S6KZ M+(6D-8+YGIXL0X0%Q'F*GA!_YT"PQP[ M;)X7%Q_FV&'SNK@P,;_ZZ06!=XH6<^Q><+-AX6*NDQ<\K:]@S-7QB9U%%8VY M'CX1M:C",=?#*[865#SF>OC$UJ(*R%P/GRA;L7_ZSB?Z[F=CX%K`)O)>$64> M"0&;PU6EE;D&L)E<5VR9:P&;NS7UMKD> ML'E^P7(&^"P6;5?H;P![@^-UB7,&^#^D&A=X[P! M[@]_UD70&^#^\&9=);T![@]QUF74&^#^,&==9[U)U.4/<]:%V!O@_C!G7:F] M`>X/<]:EW!O@_C!G7>N]`>X/<];%X!O@_C!G72V^`>X/<];EY!O@/C%GZ_96 M"#R35[\@?0/<)^8,6\P)/(]7OZ1]`]PGY@Q;S`D\>U<'>(LY@>?NZ@!O,2?P MI%T=X"WF!)ZJJP.\Q9S`8$W@RKDW@DQ9S`L^YQ8]9%-?W0N#9MK@* MTCM\(?`L6^^;BO>LUN$E80==9#ZLM&&C*FSV7:M:7?7@%1S/L[)*MDSF9^FZ M5D5+*]C4W*U-ORIZUZ"'S<_\G72UV#@K"X&GYI(IT5(`-F>+Z]AW9Q)L^FXN M2PAUZG4NI24L+V!2NNU<;`D_- MU<7/+AC);Q>%P)-S=;5IW=\\J9)"M=:&P+-T5:#/LU,R7\X8)+HX9`E0>,:4 MJ^B1M-\+;#KOOI=?63Z>FDL^LE16]&-QTW7!9O9>=7IV(R\A#U%:7F7TS?!\ M?2V%8/-[5Z%I2JHOD>G-\0WURE2ER[OL:]LKPR;ZKCZMU&-Y=Y1!X"B^1"H)R>,"S>`FTZ'RM`4_?)5"@DV$F!)Z]2Z9!Z\`->`XOB0;M M\WS@F;P$&ES&%3VN[O&O-0&>UTN@B3@8(02>Y$M0ZGZSA'RC!VS.ENHA(`O@ M2;UDJFQ&/H;`4WK)M&@I`)NS!0J(2MLWVL`F\*N[."^?Y-8-F[P[Z$4V#9N[ M-Q7H6C)LUM[$OH8-/&U7`UMEM>O$77]_U5'A$_UG_9>_'1P$I_&"I"SS?G!* M;J)E4A;!P4']9T&[#=WI9R-)JYS<]6\WM/_Z]>OW%'U:T-F)5-0:L)@/]^ESF9*WO*2FC.*&KC.A#4A7(*:Y:#SA+2Y+7.T11M)O6N&`D68V*4+/[1"MT$,KS/-Z*N=Y M=R9O;J)])A%32&!Y"KD7LK>!&(5FIY1T:'_:4>[O9W;`K\QO@N;GH?GIJ.03 MN8V2#RE5\4E">CT)2R17=RFEN,T_.R8XR2AR0MO$NK*G0[0G#^U)317-]=6J MW'K5M830I)(V*&W=IXS*^A*.*4PSLCR'<0\VKTJE,[;5[]G_74<%H;_YOU!+ M`P04````"`#P>#E"$`5WVHTE``"&-@(`%``<`'1F,2TR,#$S,#$P,U]L86(N M>&UL550)``,$Y@)1!.8"475X"P`!!"4.```$.0$``.U=;7/<-I+^?E7W'W#> M+]DJR1)G9"=*)=R2):NB.MOR2(;4D1Y;^_0'DS/`%KR0; M+\I>\L$:HH$&^WG0:#1!\*>_/:V6Z!%G>9PF/[\*7A^^0CB9I?,XN?OYU3K? MC_)9'+_Z6_B?__'3?^WO_^/=U0LTNSN8'!X&!__X^.%Z M=H]7T7Z7GQ0SJ+BO*.&M6?;K/EMH'IP4Z74(+^VM^*[=-+ M^\%D?QJ\?LKGKZHN:K3_:GLSI#26R#=NHY*G#?!N/S@^/CXH2U\1FR'T4Y8N M\15>(/KOKU<70AW'!U3B(,%W%+4/T2U>$F6TH1^+YP?\\ZL\7CTL\?;:?887 M_+:66=9JBMKFF-HF>$MM\Y>VAH.JETOZZP-IN*42/Q4XF>/Y5BEM5F*D4FM] MZ[39=-9J<$F13S/N391MY7CV^BY]/"#W,#D,)N3???KO_F&P@?8O6?8'H6_^ M@&?%.K^);FN3E/?P\RNF]&RK0ZD^&\W2=S;I-E/^(U&@980/?:DF:I&,5 M)_N_7K]"\5S4>%A?^/&GJGZKVR=9VY)1-MMVB/RIZ--&XF"6$@H_%/O+)KL6 M6;KB6&VC+!5:X\`LR%=Q_O4*%^LL.;G-BRR:%1V0>`)#H18K@T&;TWY(KQU4 M%YT@+K[G&G2YC8?B/L=Q!3SYHXL\N?3'V68*NR'-=N!J%PV%FZ<`!NA6R^'V M%Z(_76#,N]$:79$Q3>/Z&6=Q.G^?S,_(1"0`N",S%FFN2EC(VRIJ[*OKB!0@ M6N*2!EPKL'P0VMX4,=XG15P\7^&[F#J9I/@4K;IP\D6&TD*F$(857`UA_1O1 M"RZX(+OUF@HJ M:PVST*+&X3W#^2R+'VA>0(1R2V0TV!R%P)@W-32@;UQVR@".`3A$$!C=%!]N MLHAFMZZ?5[?IL@-@IVPH`[@J8*!O-QUN?J+JMPNPN?=:HRRTJ.DEP"E-3A)* M258`;9&Q"P">0MCXOZ6A#O^WEYT'_SP+L+&_R.JF"?%^L<"S(G[$$D9T9,92 M@JL2EA-M%34I=M>=LX)K!)860M,;3O!RV-`M')_>A<>_TW8CN>L,D:%`9AG80& M-*:Y=):NHKB[@.@6CF5*6PDL,39M-SR&2PJT[Y1%G+6H#L#%(J`83@^#PVF) M(+GPQ^DRRO.36?P1KVYQUK%_MW`H@GPE,`AVV@[+WXA<0%^J2TX&,_^.:R3- M6/:/21_;;KL,Y>L(&]?1IL!AX"*W1"/452)@B1W<:$4L!L<0$Q&,4$OX#I,"C&ZB M)^PDFE'=OXP9PR*TDQ][/;HVT>W]$[?*Q'P^-\<\J[W3X MYA7+>K,+CE6JA?H'?!S-$P8K(BH-3,->'Y+_I\9OC-UPOSQ8/ M14ZD"#99P&BASV.3/%H1/&<1<=^/\1R3*.&-M3G;]TO5 MJ,<.I_VPON8T%];?S%#Y&J9=,QD;CAHYYU\("I:S.+O4^_5]E.$JH\3)XPC% MQC^1Y"N&?C;9T1*6OU&5Y'.8Q5%8@??(4HR`$8;4ZKCA#5L\V&\(%`&YZF[K M30:XB7A$-]QP#A+C#G_X1!Q.,)D$1P'_\1-3/#AQ+U`$]`BJVWI87W'[%$IP MVXV\O3$3&WL6Q>H)3_9\#3'[(P#VK*K;KJ&G5:R:\.2%6'I4?"-W:!.Y0YN` MC;:)48^N_0M!$`=V@3.PZM5A.>OA!+&W1H M4[E#FX*-MJE1AS9E'-K4#X.'_U*&/AT&'=B1W:$=@H^W(J$,[8AS:D1\.[4@),KB)33NTHX9#F[P, MXX)[M"-+'NVHX=$F_KLT?4#L)M7KDV1^P>4[AQUT.>7C#_/IJ(+Q>&SSS:-\ MT)?-52=.3WCKO"-].(8V`OWE[3^K=\?XR+/%0X$7*8+!G6D]W%UQ"[KHMFO, M928V"_GG+%Y%V?,-?BK>D::_BK!GY4:30*0:F`V,FIH6>VA3B+[08E26NZ6( MR"@Y8*+I%@[>=\95`K3SK-UVN/GM=H+AWW!C(YK0L"9!_A1E641Y)O(2$KF1 MT(M5@[*`HV9'B%V9<^>@M`E#%#DBYG9LW*=+LMXYQS@_C7@'#8F$1NW>$"H% MW,/!Z@@;UQ$M0)N2BBYNMM])S='9X2&%P09%RE-N1:Y%(0M$&'X7C/"FHXJE MSY=2P@?>\*TBI(\8&S-![`.FOBVYV_@Z@:L1BPT.7Q6*@6)7D99P5X*V11ZX M')51&E&K!B!FWK1*DG6T/%\G_*?(FTQ39A M(FTY(B8YDY_A!'.*VU%T$;&%UXI+<70 M2PLUHRR[(FC@R\7[I]D]_:L,^!1,DU<9RS:=#L$R3JJQ9ETIAM(%V@INXWH_ MN*=C-Y9_NEB:Y.#[IXA^F$>:<^S*C&097R4HK3HJ=K/AYKH7"4F^&1B6B(UO M@1;OGG_'4:9#CHXD#$6XZDT0I:V(H83@6*"0;J);(@Y# M)DMI;[$VAE;>9<&5EA(1S$%.G,=P?K9**@GIJ(SDK&2*.(YJK_14>QYDKS0L M)/=7MG)8;=V_Q<7]%9[C5:EUO,M,5G_[ MB4BIBZ^-.36M.])W?E54!9IKM3IH9-Z5:V:Y^BEM,M7;*5G+H,+I61MTR^35 MG[8EM>`I:VTZ%RM5$'4/O7OV=*97&E*'I2XC@&8_>LS_LFKP%+4W]TNTJKRI M-_.^VG(ZI'0ZY^L^QI*(P[#0TD,ML39FU>/=,RZEI41L<_?$:].!TV6:Q\F= M'L=881B&B3IA@E^,+H9=&PG/N"6RD8A9,JS,G$.69L4B7<;IS3I+TD5;%UC6*M M3'G)!,&Q:]N@[RT;>QU[=:+VN[?T):^ MFVW+%5!=2C<@$AJ#LNGA+]!18>_/L)>;HLT)1\-=F3`1"8VAA^GDB$!'10]_ M\B!R4[3IX2#G0=4J,AU\D3'4,)O5X&JH:.%+`D-FA#8EK"TRGPO/VK0J3"4+/J=@:&.AKZ0R)0;OHORRU3-#^>5K&FH8\S#^ZD?'!F.NNV?I!9H9EB':<6AZ*8V76=4AN'7KZL M\W0M)>:9]75?YVC+D]N\R*)9T2&"4`KH6-*N6J!=>P(ES%&D/WIP!FG7!,+3 M1WG&-Q1?/<6K]>HZ6N*\.HWK8O60YGA^F7PFP-Y'.5;MI$#[31O[H)[T8`T8SW_*=/OR]SZ<3TPSJQXTY9IU5C)/%UNF/"2TKU M[G@]WQYRR7../$IOO63E!PF\**M?@W[(TAG&\WP/?;N/9_>8OMX3YVB9?L.9 M2_;K8,!PW1DK##D_A%![5[V:AL)&XYY52W'/$-(OK]K'M-K!I0N/VNQ#.6@UYY=Q'8R)+*0WGEYF7)W>)#1+K4[7UA0YMI9*#7Z54JP=ZHU*B*&P< MB[<2T/H\8G@:0SK$1N^%&, M"M4P0TVL)FQ^XLE;_ZPT4_,@1@V03--(3!P0JA@C1YL.CI&68FMK(7LRFU'Z M;]ATDN>XR/EK5+[DR.6G3#WHRI*K:+=HW)2*?40I[W)-*#,4L]Q3066'4"H: M`9+',&6X1/&"#!H4L/RDE9?EXDK`/%TUD(OB*>@^4=U#Y77W3U(%>1^%Q>U\ M[EVP)U+>[/3\HE<8=(;/B\ M(5<,O$5,H"RL2]`"NWFU1&6)YGQB"P7X+5E"/4T(ROTQW@5]8^&QG&)H/CTX M2>;7.'N,9SB8W`;2(:Y?;2C9^G8,U`5H*P^;DN73J;R21=\1Z?W@K\X<15_[ MU5J0?V)2%=8%B"\ M*7$2>,K-T`@[+0$`/>C%:C;6WY;)8@DW:X*1T%A_6J$8PI#D&3=PB[2(ENIA MRQNQ-[0JF1"2-?EGL2830[I;0;HHJ/1F!J9 MR;B*_F2#@IIN`\K4@M\DP==O44PW;F57.%[=KK.\7!<*_:A.A:%$TN\,Z+X` M#;4A?<;SK12B\?A!NHN;4-:LXH)G^E:K>><616AGK:6QA+`2H^]&7OTY8;,< M=GW"A3+R$L@,I9=4)6#\Q=>C-=N@:%$0EBW\]1E2(]9\LP$=M#,0*0E)@=9R MZZ7A`17&\1LW$\F)=/W_\+(=`#(/](3O/$LEP9[!FGKO6::(\QS6_;O/&I:1 M/):U^/YS,[-[F5W'JW@999_2I-=S'%5%B&R_7N?@L_T*O>UL/W%C&VGT'9%' M'B7\]>S'3_GKXVN$HZ?IZB%-R&P0Z"7\->2',E*[*S!$5*L+:Q'43DJ[()RV M>6J>]0++++TF/>DEEA]-+U57@.DE5%?3:^(3O53FX=!+!RRS])KVI)=8?C2] M5%T!II=074VOJ4_T4IF'0R\=L(S0ZV3VKW6,B&I@PMJ'']UT=W<&WA[[%Q3VJ7X?<0P'Z_<5AX6:O3;,+4_7P MG((RQN@&@[:B<%H.3Y=["+AW+N4$L+4MC,^IWOBZ:=$*;U M5<(P-!)U0NN!+<[Z#UY&85C][9XX(E.(*&0+$K-CG*.-'>WOGLO1O>?^Z0LL M9.XGZ#?J"?H-Z)3QQOB$\49GNGCCU73Q1FNZ``:BW[@>Y&QWBL(7:6_GPS,X M5`[/8/P&7:Y"4\.3:-!9;1WZQ)?:*C*^0"-A:7R6BL*7:7"G`_136C-6*S_) MKP!#&5EG3`QEKCYV8']*&\/:@Y2FS$PBJJE@LTPUC;0G3QR>9M;2H1REWJ1& MQ0;1H9-I<,PNW;CZ%#[`GT0J!'+>S#\:R5:>N"'>V4C"P5^`G$9Z,8U*_8TC)9H!5Y/0U_:AC31W6ND#; MPNI6H=Z;Q+\I&+UQ0QJ99IZXH?G/:`::HTWI7KS)C8I-I3WW&83-LL?P,'<- M@8]73D&1W^:)FV%7O[PW"+=H(MR?K*O8(+K4,@F.W15+E1%7YC'^5-A9=@OO M2)QR'V7%370KW-PKD!G*,:E*&%KQ583D&>`H"*N+J+J*-I<=+B4E5FB\"V#8[D9B M.KZ>#]**\)>(HSJ)"-DX[V M$>]NRV&+@1#OM>VF-^)3#N)3#Q#G[,^06=@&XD=RQ(_`$#\RBO@1!_$C#Q`_ M4B)^9!OQ[L-MMA@(<>"'UTSK+.)O/$"<\YQ39F$;B+^5(_X6#/&W1A%_RT'\ MK0>(OU4B_M8VXM_+$?\>#/'OC2+^/0?Q[SU`_'LEXM_;1OP'.>(_@"'^@U'$ M?^`@_H,'B/^@1/P'VX@?RQ$_!D/\V"CBQQS$CSU`_%B)^+%5Q,EMR')N53$$ MXDU%\(B7K7<0I]=<(]Z\:S[B70O;0%R6B4)9SJXJ!$#>8>M1!QNSDWHE"6B4)9SJXJ!$#>8>M1!QNSDWHE"6B4)9SJXJ!$#>8)T9S;A)-SFWB0#+'J(V.+-A^;MB$FS$0-D3$NQ M,;I46L+R'T^HT;IQ*2\8H]LB!??+$Q(Y0%KT_];$(%[47Y=P]8T"Y;U+J<%: MWBHWF.R06`Z:&]#Y(J$:EZ?!*F]>30X+^2.^9O:AKU@.F!S@CX&%:IP>Z*J\ M>R4[;#P79C5?Q^26=J?PJ%G2E0=D"[\KQEC341>6O^M#K3PA$=\H4C*)(;)% M*NG):$IQ0$J9/"=-IKVW66XQ5.BDMRZ23/<9%34E\N;G"VBI.(,P4.:F$H[T9T%X:,0SH0 MDDJHJH72#+7JH91>K6KNE6X0I0O4J.V"PR.L7!-[)"^,L/USFA6+=!FG-V2\ M4E5JAYHS2]B8_`O(NP]'7AS1. MBK,XGZ7KI,@[B,H$1WY;0J(X)HO@FB^9X?KY.YJ?I:A7G.9FP!0Y2467T M9W@T.@3*6;G&QJ=X*C%4R2$JB!J2[EVIENDX7^71A-,D#?,K_$#808;!N[2X M_QCE!0DCDSF),NW0/EIPZ MBFN.-J3I@K)>%O%6N(HOJ7@YM]>\ M]8JM`VS:>-@R#'6C\W]K(/T2D0X5691F\SB)LN==[S"FCX66:Q(P"Z*!`>V, MC0T&=QTV4NC?C3IN:/MH1&JC5O6ZB#:`MBUX$$<,-CX;58RBCN%%6EZ0T3B_ M2:_P8HEGQ2D)=[`HYR41'[\XDW<$>F$FT-9I5]!J\2'DI@ MO4[`L%6A*]R6H_JY9DO"(0'US%2S31\N8SN(/J0Y_I@F^)FS8:A1-F9_$*," M;CM0W72Y^P?1WZB\X)`%W'MN;_3A6M88QI_29$XW8.3Q(L;S:S)=K[N3H5AL M#/(RQ7`DX&JI^-`N0E698VK(C-)FB0H08X0IJ?DQRK[B@LYS'*XP$F-H(E`' MQY"N@HHH.I(.1*]SZF@)MQ%`MAQJ"SAV/EMVZ/D@;26/\.XUXKURT2L;P MJ=,\'&^V#5?\V/QRA7[G+MLH<^QH#DWFR_5-0!N%HS!EE`#"6K>]0;:\X'AT MLW?<@9AK66,H<[`=AR@\CAOTW,+&!\O\!FB<+=)L%97O/Y5_T?%_L5RN\W)- MFO\]RN+H-E[&Q?/EHGHOH;MF&-C&X`W48[H,M,%Z4!?"1C74J(<:%5&C)MT' ML:GKD)RCS-W8R3V6)*;I?YE@^D[I9?8!YQ*&=\0`2,Q5#,[3MI86%4E1^18P M?1>%EOI!-JY9N'P20F*:,B?S>4Q9'"VKA=A%,L=/8NH(Q`$H).T(.)7XVEJ4 MJD6VZ^I2R`]F2:W%99@2.>-,>XSBY<8[?KXG2W\)RUA1"(:).@#/+D93FUF- M8E26>T(JD8'XA)*!9)-,O^';Z[B@!,^DTYZL#C"]^%TRRK..2C'AB&!.!-%& MTC_J\8VGY*`84M-D_!SEQ5E:/F@E7C4FK>/S-0G^)!Y.4@6`BLH.@3-1K+%% M1"J&J-PFPUA)HDK4#R8J;<1GCX+LI.[Z-LJWVS<>4Z6N+\0QK-N_Y0 M+3Z4?[H=@>&>4EM()%`I4A-NNT>I%$.EG$/2Z1JL)EP?\(R2[0I'>9I<8ZH> MST^749Z?Q8L%IINESLG-7:Q6>!Z30;!\_ISA&?D[N2.C)4Z[S]\@&AQ+V/$W M`TOI$?VI2;^'JF;0MAU4-H1V+2%*0M1H"^T:0U5K'@R-\="P@P>&:H:'5YDZ M.D^SLGMDJ%^6'9Q?))^S-'\@/6=V/?2L.W[0].@B]/C04=T>"E4&DLS6FV%` M9X--+10GJ*[G!>E[F);'[YX$,$)EFLVZ2>EI*.+3;04R0ZDI50E#0;Z*L,P\ M%FEUU$U5LH?*,A<\DMJAYHO2^D9=7%<[Y\PXN>A8!R;K`*R_XFIJNBRD^?)*NV#&C6`=BWHNX2^,85BFA:X6%C3^II>2YK=Z.`3@4H!HH[8X9^''T<[K4V M(6_D?."=V%IBTLG1,\*X4MFG]`S/US.Z#_H\S>B9)]M#4FZB)^94';TJ0UG7 MIT,PO-/2&%8$^Y2BG5SYW)Q*[C4.Y"NE'3XM[V.^FHA](;7B_'ZE)YY568AS M>NQOM.1]PD.S$I03E'?*C",4Z.0XPU_+@_(VV:>-K+L/@?0RG=@KJB&U0L=R M9^$2/T9)<9.2$7&&%SC+E#.RN!H4)54=,T-*H58.+:M-II4P?2I+Q-%6W@=F MJBPHYJ8.NE;8>9G@)D059.I"O7]^FW[@)8NQ84-Q7=,D--D5(.,^D+ MDM76MW2!(BI=DK.4]V/CO8X9Q?S4`-@*/1N'HV\[4KKT[N<<>M2#HJBR:V9( M*E;+H6GS"/V:I96\#_Q4VE#,4"V$K7#T/$V+)"WHNI]NA>:_UK[=/SIL7[\= ME5`CPZ1!S`PJ(SWFC,>=GMW[!*(#(.J]U2_C%0.;'!`[!=/CPM:WG_G'6LD$ M`;_W;.30*XF>T.'Q5^K;EW[6V=;A6#S5HK.R%+*01#%TDI9<55C][0M;)&=K M:2-AA#.-XR"O\2-.SJ+GWV.\G/-]BU)Z*&\TNP'#')6RL'6P9RF"B`PJA?:V MY_`YG$8UK55SK`=N=EDFB3,L[]\8#Z%M.@G'O?QCL(1R$+ MS34#1^'(5P$P&V=4@I`H6\2>!9S M]VBK@+:'L3)A@<3DN.D`M_ ME$_&+C[BU2VSQZ)=-)0&/`4PN+=:#JN'IQ?H2W7!20#`N]<:2GA[]GO7\1%G MMZG.&Z<=%5O3^FU1\1N+(^P[[6/?>3I;K\C@W'[A4=/`TYV!7WMNX>G.PM/^ M[X1RO<_U(?EO>OSF^"W7`['%@[]:*E`$.FX8)>%-%B4YB>NS>!:ABZ3`6;6# M*5JBZU6T7-)5+?I[M%P[B4Y%1FE\E=08`/U\V'L14\H`<`QZ-WZ(QQ:/ M)L2`$*^'=WO+>#>W4YCHMCD@@YO8M'=KQ'`7DY=A7'#W-B@H&^#>&L'9Q>2% M^3=]=`SXMW*%?/,MO;Z/"**23!HC,RY%(5!I(E/15;5-6$Q0==EAXD)@A6X& MPZSMH<\<$RG9)3E)T<;T'N0[AT$`FZ_K-M[+6_9,C+*Z=N/AQ8'`]8>;N_A` M&B"_R2_RQVV48_+C_P!02P,$%`````@`\'@Y0AY979'M<@``^;`)`!0`'`!T M9C$M,C`Q,S`Q,#-?<')E+GAM;%54"0`#!.8"403F`E%U>`L``00E#@``!#D! M``#MO6MSY#B2+?A]S?8_Q-9^G>P4(_06 M9E$2__A#\+>='R8LGB>+*+[_\8=U]B',YE'TP__Z__[O_^OO_\^'#__GT]77 MR2*9KU)F??)I=I,F=9EJ23_;_M%/\W M66?\)R=?UO^.\FP].8MSWF<>WK/)__DEC!#C__GV]7K^P%;AAZ8#/HS)Y.]ILF17[&Y2 M_/?GJ[.-'\C3,,["%4NC>7BWCA?9W^;)ZF-A^?&T9E;\EQ/S.V8\_9-'J</&%M\K8XF09 M9MGQ"<=U]H;AO;WKMU%0W`J+]9)=/X0I>TB6"Y9^82P#.G_%8%_3R7:&=1S' MZW#YA5^\>&0IOVGB^\_/CRS.WFN(K^UP.\.MN_K\'!:0RPX?DPR\E]XPUE?U M]AX#/4^NV(*M'HMW`NZ@7]'S-F_LFR0/E]7K`[J]/H7I"7_T\C??UX/[V])@ M^;>>?W4U&-[1V6_M>-N?IU.6A]'2YA.QE4_2D.[>.-0HFR^3;)TRN??3,`\_ M+UD!#+KEWO@UWFKWF).2\R\"WTC3>9>1<&WMKQ.%,!@)CXJ/O_]WG0#9=CS(= M>I^WQ/8P($Z2MDK%UGK&GCJ]QYSA'4",O;9S-AUE7:?H%GM-YU5#?5TW8Z[K MO&F8K^]RM+6=-XWWE?V16-_9XL!?U?<(:SQG4^Q5GFZ/%-9YWO9TO[GK\=9Z MMO2A&M8AA?6>UPU\:UU36N=Y_[F*!8(15WK>:P8#]TADM0=C7H-!Q-L67MY] MMH-/P5L67%#G0'B/R?#E%X29D5WGQ%9_,.=+[WE_;&D=YOUG4>]*PM878'#F M5F^?591)4QF;_^T^>?J8IA4=JN[-X]'\(A_BE/^W&.KTPT[P81:4@U7W4:-] M3%E69"T5`_O*>]CHFSWG?#K9!FD+R.^2;A7EQ0_OE/^;?)B(-MU_\O:3Z@;[.;L+;U@OE,_/C#[VK']\7 M3>O(X]N,4S_/)4`J@P93U]/'Z2:^,)V+G^+_[+EY,]^OMOCXR">C.>\(=YP5\D.@(E&[I,2D!K2J=(E%8OM!..(PV7 M9_Q5^_R_V8M$J<:&'J4:H#6ENTB4'G.O+@K/?EF&]Q*5TC5Z%$H`:^KVL*D[ M9=D\C1Z[GVB9P0T3PD1NX*SYW$?BD\\?BU3_ZY?5;;*4B)2NT6-0`EA3=X#\ MK?E\=\?G$=$3`[XUD@T]*C5`:TJ/4+\U5^P^*A#&^3F?MRL_-;()/4+5.&L^ M9UOBTU(8*&Y,^2(]`F6$S4P2^?$^*38Y<3*`IWO3A!Z5:IPUH8<=/O_^4=;: M2`I\:[N&6I4>!)LJO>CB8]7'I.YD\D?3S9_WCT%G8$'\Z?HXRS9.AM28F^8UXWZ!C>RM[_`__JN[=>?2-K6Y9*K$G M7QR#+$M_%^3)<#<$*H=\Q]*4+;Y68]-"*O$\L?0VR5AIBWE7GR:K,)*%A'R1 MN!MDN%M>>H%?5RPM\<5S]HV%Q:*UXJ6@,R+V+M#!W/*ZRT`^E7>HWFP43L&; M0$VM=+.B3(R/[W*6WH3/++N(3XOI>72[+NC)CN/%=;ADF?*E;-V*)O76\+>\ M%O8Z3PSS@*/,2XQC+:%]9??ALI*GBI=T[RJQMW,/WY;?''9+%,JW\>:E,7C3 MN+9=CY!>MZ]9951.9Z\+Q34[VCO:4SZY_6XJN'=&-=!^_F MA6F>PC1/G:%Y*M%\1(KF&4SSS!F:9[U7,2F>=V&>=YWA>5?FF?PWKQV4O0X'OACWGG_C/_ZJZ+_6V]()&!L#B?;&M MT#"\3@#LJX!(']".G@,&@!=+DRAKO9O[&7Z)\H?.C@;(&T,:TG/'$/3"'R@/ M!["_Q-X;4#/JOH"PB]4AE%5[L3T%Y%UG1(]E'5*AQ5'F*9WU59!6P(X>LP!8 M,7]!N6&_A>FO+"_S8&UYMFM"CW([W()]E#A4"_@G5B8R:F?@S75ZO"I`BJDA MRBU\"X M9O,D7MC0J[(D3+`*KJ`81877DT'U\R]?I$>DC%!PMZT=`#;6415802[*U%5:03D)5;M5=$;T:-4A%9P>HKQ/Y:40-:MZ,WJ\ZK$V&6K!T&I8P-`!=A7++I@?L2]) MDL=)SC+#1TQE1X]=`*QX+:#H*_%2.JT#@L6*T+V18\"<+-4`9L$XBAX3<*[" M^)Y=W'U^GC\4_RJ#,`;6X29TF8=Q"_91!-OFTC(H*F0;LOS*0`6AF/*LQO#I MY9\LU$PM0$OJY$IP!<68'T`1#K$4GI8WQ#;W!#4^I.,.%O$N#']8K]0P"T)O:NTF.S!U'0A[/N7/=N M_$Y"AG1)A;Z!*#.3`J8^8D_XMMR`)RA#R5$K>C;>CCHCFD0"M^$NRE2L`&'\ M\NN,:'(*?.5W4>95!0C#MUUM0I-/[7=\%S4?\CA>R#E7ZO>G30-Z3-N@%KSC M5/YJ41A?N@9;>FP;``NB42:JPO/PW>S`K=N[3U'6+47OQIL4,J1+*G1[HBR] M"R#&60)D2)=?:+:`(@0$$,.,06]&EUO]S`%%+]A-%QR:(Y@F!GLX.3X2BB&S M`VT#^F0#+^(][/)H)2#C"]FF`7W>@1?T'LK\3`9D>%&;S>ESKGUQ[W6G'.B% M7HQ8HJY8#=&+0:[@15=G<',>I^KF_A<[1:KT[6J_6R_&:7Q0FK ME+R+)Y9>W-WQ9SN^O^0/N,SZP+9$/3%P%*A[Q8S8\H=>51S+-JYZHT*/NJFL MQM1!A0E:92_ M_/C#5-[#1K@@4CUVD;T\_'UIUY*VY^W&@+JWSH!,_Z:$6[CIAPJ[S?-VX,CS MUAUA?,6B^(EE.5L(R5'45=ZH]FMP^AM^CO8=\8:!H>XL;!/[^(`*$.T?Y`@P M9$G4&2!FU%I>&T@@9MW@$GF79F>+#'B/`G9$6040(Y2-@O7K M_G@^3]9Q7GOQ.,M8+I>C!BV)\@IB1MT>V$-B8M<=3I&W^FU"5,W-E!9$V51B MW?9./W]*F#\EK$N6/R7,GQ+VJG"L/R7,GQ+F3PDC1[T_)8P<\_Z4,']*F#\E MS)\2]H9I@C\E[+7ZRY\2MN6;UY\21H!F?TJ8/R7,GQ+V'9T2-EHZ-W1&T;#4 M[MEF:G?UPY/BER?-3T_$;_M$;[@HLB;5&[`C-L4#D&*F>_=+,^L2OD'+,<@U MWA/JTM/CI7W'X3TK%J:+^!80.M:9D>58#]DF&VY&_4/;7:LJ%@E9^A3-63"] M#4!'VCM1(/_KV[^[6\A9NWT(P8Z1T6#''48+K-O.Q?6Y M`CY7H$N6SQ7PN0(^5\#G"OA<`9\KX',%?*X`E;>SSQ7PN0(^5\#G"OA<`9\K M,`;-/E?`YPKX7`&?*_#7RA4X3]HC@UZ=-[`'Y@W\Q^0\F;2]^#0"VP!'US=6 M*07J!L2F@C:0QTLUZ.(9E'8`-QP_``7=3+!;2*4F=(%9I"FHS%WVQ7>#<3 M`1#Y#8Z.Y-!Q_S)Y-BN8J/%XJ7LY:ZE_V042`^23PZ3NIS")4S=([.3UH!P! M)G4O9UGU+[M`X@SY+"^I^UV8Q%TW2-R5C^7")5'."NM?=H'$O4[0>P02]V$2 M]]T@<5\^\0J7Q`.8Q`,W2#R03YC")?$0)O'0#1(/Y6.?<$D\@DD\1(KF()$=,7"NX<42W79!1);Q3)%5RR\>TBQ5)==(+%5+%-T MQ5(,"2;1!<52P10DHBL6WCVD6*K++I#8*I8INF+AW4.*I;KL`HE[G7RP$4B$ M%$MUV0426\4R0UTBQ M5)==(+%5++,1%$MO>U[_L@,D=G;X)#X9%6.]E*^C>,Z:.6,^GC M`>L7&.$3+WSBA4^\H/)V M]HD7/O'")U[XQ`N?>.$3+\:@V2=>^,0+GWCA$R^^U\0+L8IT%66_5@O/IRP/ MH^7/<4GPX'2+P\F'B?A-_L_B9S]6OSNI?GCR1_/3?YI.:?G>,BS\HKM?=/>+ M[G[1W2^Z^T5WO^CN%]W]HKM?=*?X=O:+[G[1W2^Z^T5WO^CN%]W]HKM?=/>+ M[G[1_3M>='\W&MM%=.94!L>F""B+FSC@Y,%$"O&'/^2?^^[]J^50;C\&M M_B;8I%>-6+5%#C](%&7S95+H;AGN:9B'GY>L6!+-@$A1]6R>A/'B3!4T.BJ" M1DT?ZK!1T=/D#]&7,70T*;N<'$].)KS7R9D/)?E0D@\E^5`2'3?X4)(/)?E0 MD@\E^5"2(\S[4)(/)?E0D@\E;4,E^E"2#R7Y4)(/)?E0D@\E^5"2#R7Y4!(J MAS^QW_^;>C9Z8FL/^97H4]C&BEI5KNK],HU68 MONB"F8`=84[[8%&KQC4XKMD\B1K^#Q[)1D:$P=]O^#FR-\,;QB3N!ISU8K9@ MJ_*NY#/<`D3[!WG5$[*DYP<0KJ`81#-V2,6CI`K_]9>,92HSS6QB']^4^R&+U&OA8ZB'>VU@T6]O38MP#=).*CDCX=2+K>GC#I M>M""=!3UVN"9#21=;T^8=#UH03J*GK6CVB&"M5`MOLZ[,^I?Y^/Y;^N((_NR MCA?%9XE/2(S.LVQ#SY66P(7S4/2VD6TWJ'WM`[)'_0'A]\DO853$JM(K%JUN MUVE6JC&MOVP:T/.?#6H;?PX*Z!Y5_HS9?9C7MN_NSW.6&Q\YC0T]KVF`VCB* M_,J`^8XLSO^^N+MAZ2J*0\4:Y:M^@9Z37S4,X6:4>.]EDN9WR3)*;O@0$@Y+ MG0&O-Z-'NAZK8!9%K/=@Z-+B(4,'V.TGQN^AZ/(>D"O^*)FHK6P<8+4"*@A% MT=SUY^A+DN1QDK/,L(U#94>/6`"L(!=%6XMOO*\*(5:9!AH-++2D"S3 M2K2"7Y2(=`_(MR@N\CC.RMS-\O!#5JV8'*\*?";6C_%X_GI[#<;_4YRZ,5UQM@I$?;A)X3['`WY0=1BHSJPQ<&)PQJ M2<\7@^`+EV#*W6SC;ODIY/#X(#B2*`[3EP8K8_%9/%^N.X<-R$&>X;]#SUUO M&(QP'JJ.HKD\&#$(X"5-U?WX.5X]+N)B-;$.6;!FH(!139M<8 M/KW\DX6:"`EH29U<":Z@&%*@);4>9;@ M"HHQ!7"-I,"Q$X#<"A/JI`J<%GD*^]AEB;?AI9G92S-'O#2S\M(!=E'C;7AI MS^RE/4>\M-=Z`E/V=B`$.T8V@QTWV"QP"C8Q=:CXLB?M#OFA$QE#4^KLF_`+ MKV!J504T^\D.T,HE7Z@G00('3)0.R&=2&X8)3YI4YLYY MTG(R1;XHEF&8\,1*9>Z<)SL3KA'4M@S',/E2F;O&>'=2-H+XMLUG!,RI,PYD M-QX@%;_JPCE9)ED4W]OQW3>FSG8?<7/:%4K!'`XO9_`JC_U MA_`K8`.>H`Q%DQ8]&Q]]G1%-(J%''NT(*N,L2V=$DU-@1G6($A4M0!CF46H3 MFGSJYTQH!\U]Y1K[6Q*S%P6-G6LT^>L`%,3AE`,NWB])O"CVL&;17<06UYR1 MM9SC2:<:JV`613(5,$J/?@O37UE>)`PI2.U9T.2S![,YF!;O)LW/XN+D M^\4I>^3O&OZK+_P/>92O%?-.JQ8TJ3;"%M2CJ*GRW:Z,IFQ`=1?]T4!BEI<&6'ML&P()H%%'4P7(6E_\JZ#E;+M=9N2R3 M_2-,H_`V6D;YR\5=-29YJOK*WR#MF"$#$0Y#T5T=C!=QF:%SD7YE&>`3R8PT M[1)6P2Q.W9X6QO%B$55!Z6H&?A8OV+.>88TY::8UF`7C./5\.G">PFA9/UJ7 M#US[`&SW36DSW<"-!U`T70?4 M99CEITFYWXD_PE-V!^;GO.!6'#.FR"AU(OH,J,^NGI=Z56IXA^#4)%_++V6Q.EVP]YH9R%(5Y',?K M<%GA52^W*2WH$:N$V7")(B(W(.C6X71&Q!GMK\L%.RA"KXOBC']-2\^>]@LR M`G:TJ97`-NRBB+TND("K'8#4ZC)M+BN,#84HZDWJ7]Y[T+],GL*@I3#`J6&S MV?\4IG#J`(73#H4HTDKJ7]XWT;],GL)9AT(4>23UOPM3N.L`A;L="E$4DM2_ MO.>C?YD\A7L="E$TD-3_/DSAO@,4[G/Z1.JLOD*>RHDRFZ.BD.780I)*].*HP-A2.HDUZYC?YEZA1VRFD$ MTQ'420"KD\`!=1)TU,EL!'42P.HD<$"=!!UU,AM!G02P.@D<4"=!1YW,1E`G M`:Q.`@?42=!1)[,1U$D`JY/``742=-3);`1U$L#J)'!`G00==3(;09T$L#H) M'%`G04>=S$90)P&L3@('U$G042>S$=1)`*N3P`%U$G34R6P$=3*%UC-Z)*K+4L3[*)H&H'CBH59 M$E^S(LN<+4Z689:=1G=WK!C=%SZ>L]6*+:(P9\N7RY3-6;&OXI*E42+7#-G& M#])UUUM&U3@6=1-/-:;L2Y*6:,^3_*+$NSB++],D>^0#Z173&=B6LKNL!M!X M!D7`%3MV;Y(BB[N"5Y==WO"`QH8>TQJ@#:.H^X%D,(KT?]B4'K\PWH9F%,VG MPV))L4OT=JA%T8(_1?]V+Q+(D![)$%I!\!ZJ&%4B`MXB M@#T]NBU`-ZRCZE0EH"&,.\=VAVD4X6A7N,VA:FVF$FW!'HKLDV$4._M-E0LL MV]#G7`.\\0"*3)1!=2HY\<^'>Z&?NRBA>4-\3,'4D]6OS`.)%Q>]:>,$%/4IHRJ+NBS94QCG-PF_+4[K`]L,;M`WH^\(/?;&%=B5"TM<%S$K MEX@[0@N]\0-V/<,2%G])+L.XHJO&53ZWJ<$3 M0#OZO@#`"V_L8Y<]K)[6`86$M0WH\P]5,]O'KG98(FKB[56P45UE5X2T7A>D MQ>F2OO/?9]S-[3.*7C=FH=@T<,AUJN=V%$%OR$XQF],G79^MLH^3N/O$I^_W MS*(8(6!(CV8(;4,P3EJO`HFV0B%LZP;-BGJ%^SC9OWTPJBB-WLP)?J4(S3Y. M5G`?1WGN=F_;F-[."7(%V(9=G(1A#9#>1A2]G3OL=K:F[./L=%0#Z>\:U=LY MPVYW'^D!SB;(/I#KJ)SMU[55S2S+]DZP+8-N6,?9-]D'!%;H-9H[P;FF7N\! MBBCL'(=XS9X8Q_#RSX@M%^K9LM&:'N%&R`W?*%I0"T;9IX!#KBFGT`8HB MU"%2'8ICL'6';NE8G`,4::@#8TFR2_QVJ$71@@H<-^'SY]_6T5.XY".SY%G5 MQ@G25<`;#Z!(QIN'*,U?X*^DQH8>PQJ@#:,H,E$"H?L.ZLW(\ZKZYJ%HQ$T< MJB^=TH(ZH=)7[1!%$6Y"`&FDSV"'/!1AU_1N_%J!EH1IA;Y,A]M2<@L6523S M?\@L\S_]ZW.<1_G+%;N/"J1QKGB-JDWH$:O&V=;IQ0C;-1L_%6L/\D5Z#,H( MVRIB+7=__]B%^Y4WK?XL_W5C%.PY9_&B34#KC:-P6,;]E4;S\&X=+[*_S9/5 MQW(PI\E\O>*_W$*_7J]68?KR6$ M]SDI.YV4O4[.?L"Z[\I0JO;&JZ^^_VM%T-E)=1!_.GZ.Y(1)M3G\:_L[)[X*"T-E.L#,KZ>1_^%=U[WYCJ]M>PMKFI3&(LO1U0=PFV)JE MZLW,`5<9FU^K<6D!E6B>6'J;9$P.5[[[_7R:K,)(%F_R1>).D.&^X69]2U[+ M-Q9FZY0I7@B2;TU_-H3.+E9.E##/.`H\Q+CVUJ1-WWSOK+[ M<%F)*L5+NG>5V-NYAV_+;PX[8:U\&V]>&H,WC6M;%2V];E\3J5!.9*\+P34[ MVCO:5SZY_DAKJ@ZIW[SMF)1OT_YEJB[H(ZU=\)HP M)'RWJE^O_HCK:DZHGZWZE=8:R>H#(B]7E40MSSY-#_Q#\F2]UAL<"_Q MZ;:^&&SI+;(;`+=)JV@%FK^LX\7%(RNV*L;W;34!@/0![>@Y8`!XX0R4T'L- MXO-SN'IA7V,S;GGJ`Q> MIE&11*)[\@$[PISVP:)F6C4XKMD\B1*X/'G;'.$6!'EE&HJM$8RT/J'14Z(WJTZI"V);HPWJ?R4HB:5;T9/5[U M6-MM`!A"*TGSNV09)3<<9_+$4DW18ZT9/6;U6,6R`$Z1)!F&5L,"A@ZPJUAV MP?R(&8M^`7;TV`7`-HE[B.1FHE!IL2)T;^08,"=+-8!9,(ZBQP2;T&4>QBW81Q%LFTO+H*B0;BZHT- MK9(E=7(EN()BS`^@"(=8BCG`G#K9@+2;HD@[E>_52@2TI,ZS!%=0C*+T]#&^ MH3>XH2EU)YCP"Z^@J$0]-/N'`&CEDB\T#\<(.1BVR@5'IL]B((^G'7GNG?C=Q(RI$LJ\`V< MHMZ-EX.^J,:!()W88H4[$"A/'+KS.BR2GTE4>9 M5Q4@#-]VM0E-/K7?\5W4?,CC>&%WHJ9-`WI,VZ`6O&-7+QAR@I$;[UX#8$$T MRD2U.?8:O)L=N'5[]RG*NJ7HW7B30H9T285N3Y2E=P'$.$N`#.GR"\P6=E&$ M@`!BF#'HS>ARJY\YC')2Z'=_`/?N**=^^O,-=T4O__S>ZEX. MR4O6[/_76A$K`J#%.6(E`&VI=\!N#%H-=X(JZUM1\1UIJ^)SM%JO3M:K];+\ MEI=%WJI4O8LGEEX4!],6!]#RI[UWZ,FPMD0],7`4J'O(C-CR_A'FEFU<]4:^ M<7XYSHE7%:8.DK/58Y*QQ45\N4[G#V'&,LMG9>AOT/;2T-&L,XXL>:PF"T49 MGRA)H_SEQQ^F\MXVPA5^ZK&+K.;A[TN[EK0];S<&U#UW!F3Z-R7(T>HH67#X5]6DWJJ8:G/Z&GZ-]1[QA8*@[#MN$ M/SZ@`D3[!SDR#%D2=0:(&;7&UP82B%DWN$3>O=G9.@/>HX`=458!Q,AESQH< M>DY=8!%Y`V']NC^>SY-UG-=>/,XRELME?4%+HKR"F%&W#?:0F-AUAU/D+8"; M$%5S,Z4%43:56+>]`]"?L^3/6?+G+/ESEMX0H/7G+/ESEOPY2^2H]^ MG[/DSUGRYRSY,$WPYRR]5GGYHQB?G0 M@C)H*L:@]8:%/5DG6&!'S9%M\$P'&'TH64;LAZUQ(^`NGUJFZ MEDX]JIP:L_LPKVW?W:WG+#<^?AH;LL[3X+7QUVM6%[;[$/J43)^2Z5,R?4JF M3\GT*9D^)7-3>_F43#Q/^)1,GY+I4S)]2J9/R?0IF3XETZ=D^I1,GY)).R5S M\RRL,C6RK!GV^GS,W$]CS3L5(Q-\$44'8"D&5AX@*W`NMWD7NI&-K,[*F9 M0YZ:.90@J8"_9_;&GD/>V$/.;>Q#"':,C`8[[C!:8-UVQJ*/J/J(JH^H^HBJ MCZCZB*J/J&YP[2.JB)[P$54?4?4151]1]1%5'U'U$54?4?4151]1=2FB>IZT M1?RW$5W=`Z.K_S$Y3R9MAS[8^JHEXJ[/K`*OZ@;$/JDVD,<+R';Q#`K.P@W' M7\*';B;8+=H`+M(1(#I<%K%L>Z,9Z_8$FU&.]/A+I(Y$^$NEV)!*%7!^)M(A$ MCAL3_BM&(K&RR7PDTDWW\D MLTE<481()^+Z69 M"BEFX&\#@"X&JS.B3^E8^V&[(,ZX,B\]>QKF$+.2'7ER);RHL;HNCN#H2(X, M]2^39[."B1IND[J7@_S]RRZ0&&P_8C:$Q"E,XM0-$CL;VG$VA&QV+R<[]"^[ M0&(G?P%]7L2[WX5)W'6#Q%WD8RJD[N6DC_YE%TCLY'&\)C?YK23NPR3NNT'B M/O*1#U+W!S")!VZ0>"`?YH!+XB%,XJ$;)![*AR?@DG@$DWCD!HE'\HD&B"3R M(4&*I;I,GL0*IB`17;'P[B'%4EUV@<16L4S1%0OO'E(LU6472&P5RQ1=L11# M@DET0;%4,`6)Z(J%=P\IENJR"R2VBF6*KEAX]Y!BJ2Z[0&*K6*;HBH5W#RF6 MZK(+)+:*98JN6'CWD&*I+KM`8JM8INB*A7\+P'@2P#X$@"^!,`;I@F^!,`K;UA?`F#TF]>7`/`E`+ZC$@`<37BOJP3P MQEKD!U(M@*HO=4T`7XG<4GMT'5:1IZD.`%H2^X*"6%$K!?2!U`^JB5OYZX-( MK,4]H2&Y!HU:/J"/0EDP'+!SB^-1:H/KQ&CN%O>:DB7^&&T? M5_5Q51]7]7%5'U?U<54?5_5QU7'>SCZNZN.J/J[JXZH^KNKCJD14LT]7#R82)^GO^SZ.%CU<6DZF/R1]/+GX-J MK']O`52_J.87U?RBFE]4\XMJ?E&-Q-*.7U3SBVI^4_&.R7WVV7W[>E@/SRNU]^MUQ^W]KZD%]^ M]\OO?OF=U/([^07-[W_Y_36%Z_^BR^]'U.]6O_R^30Y_8N$BBN^U%#;7*2^R M-R!1"SYS=Z8FH.^Y?I4=C'B%JTH>G^,HU68?JB"P`!=H0Y[8/==ED& M.W*OV3R)%S;TJBP)$ZR"*RA&>8U^?GYD<:9Y_N6+](B4$0KN4,Y*JCL_#],T M+)RINSD!.[*,JL`*M,"DD2 M-C?":0UP^`O2KB59I]O!%^Y$T:\&9/I7(]S".1=4L&V>LEU'GK+N".,K%L5/ M+,O9XC1ZBA8L7A2Q^HT(LL'?;_@YLC?#&\8D[@:3.($M99@R_'@^3]9Q7COP.,M8+FN]8L%NO-Z)&JQRJ8Q8EN]F#HEHQ! M2Q?X[2\;SU!BG-_".+POMXT5J]?`QTIG1H]-\E#U^DU]$J6H;I>1(/\K&I(6TOF]`+7Z)HS)-D M]9C$?$Q!.;T0[VRM&RSLZ;%O`5J0CJ(]&SS3@:3K[0F3K@V4#2 M]?:$2=>#;E+T46:Y5E0[1+`6JL77>9?\1I7C^6_KB"/[LHX7Q6>)3TB,SK-L M0\^5EL"%\U#TMI%M-ZA][0,RH_Z`\/ODES`J8E7I%8M6M^LT*]68UE\V#>CY MSP:UC3\'!72/*G_&[#[,:]MW]^6`!C^)BE^@Y^17#4.X&27>>YFD^5VRC)(;/H2$PU)GP.O-Z)&NQRJ8 M11'K/1BZM'C(T`%V^XGQNRBZO`?DJG\VK,;&`5:ONH>_[J)H[OIS]"5)\CC) M66;8QJ&RHT795M9>(8,"=+-8!9,(X26!9PKHK\BXN[3B:& MD76X"5WF8=R"?4QM_"EEX:^/213G1>7((L-`HY&5AF295J(5_*)$I'M`OD5Q MD<=Q5N9NE@="L6K%Y'A5X#.Q;FSN@"^,8Q`>0@EHU_#$PWB3AHMJ^>HD6:VB M+"L2:=5>,30AZPD#;L$^YG[>[(K5+'U*\H=O899SX56N("YZ>49V3W)TG<L[P(0-PD M5^QNR>;Y"7_-,MUT%S"GZPH]9L$XJIP^3_*3A`-8UI@*HD[7[":1GW2-"P:T MI^N3`8,03L)4W9^?P]7C$BYF(]N0)5L&*@C%E-DUAD\O_V2A)D("6E(G5X(K M*,;5R242VR)"@#EULH&20ON8VGC#]^JM(J`E=9XEN()B3`%<(REP[`0@M\*$ M.JD"IT6>PC[YP^H40YN9O31SQ$LS.R^1KVFL&-J>V4M[CGAIK_4$INSM0`AV MC&P&.VZP6>!LZD2/,'E)VAWR0R-\>XD9P0Q:YL?")A39QS(%CQ`*B;5A7.R3+(HOK?CNV], MG>T^8L$U3C%H#B]G]R_J9=W>57IL]B`*^E#TI.C=J'<@0[JD`EKF$$5A"B!- MAOA)$L_YD%+5MAF3,5V>=8@%URBZL8"J/T6'\"M@`YZ@#$7C%3T;'WV=$4TB MH4<>1<45((RS+)T134Z!&=4ABDXK0!CF46H3FGQJYTR':(>.?4TR]BV)V8N" MQLXUFOQU``KB<,KK%N^7)%X4>T*SZ"YBBVO.R%I.EM&;T:13C54PBR*9"ABE M1[^%Z:\L+Q)P%*3V+&CRV8,IJ$111)5'\[.X.'E[<^;N&_^H+_T,>Y6M5 MN6V;%C2I-L(6U*.HJ?+=KHQ.;%RA2:4<93A"$4AES[IRG/)%HL3UBVX>H0D> M!6-4>6K90=$VG\*TV,.:'\>+2Y;>)>DJY-JT/`%6K1)M&M!CU@:UX!U%_W10 M&*6EP98>VP;`@F@44=3!PC%,E M1PWE%W9['>7%?9""KP^HC3.\R\"%`U`470?399CEITFY>X@_T=X[*`I1=&^0169 M]=-2[_$L3^3[FH0+^=UL-J=+MAYS0SF*OCR.XW6XK/"J%]N4%O2(5<)LN$21 MD!L0=*MP.B/BC"I.4-]!D7E=%&?\:UIZ]K1?WA"PHTVM!+9A%T7J=8$$?!(( MD%I=ILUEA;&A$$6[2?W+F?S]R^0I##H4XE2$V>Q_"E,X=8#":8="%&DE]2_O M;NA?)D]ANWLA"%#DD=3_+DSAK@,4[G8H1%%(4O_RCH_^9?(4[G4H1-%`4O_[ M,(7[#E"XWZ$07=/P_@]@"@\/^0.JDNDZ>P MHTZFZ.J$]P^ID^HR>0H[ZF2*KDYX_Y`ZJ2Z3I["C3J;HZH3W#ZF3ZC)Y"COJ M9(JN3HHC#&$*R:N3"F-#X0CJI%=LHW^9.H6=8AK!=`1U$L#J)'!`G00==3(= M09T$L#H)'%`G04>=3$=0)P&L3@('U$G042>S$=1)`*N3P`%U$G34R6P$=1+` MZB1P0)T$'74R&T&=!+`Z"1Q0)T%'G+DV689:?1W1TK M1O>%C^=LM6*+*,S9\N4R97-6[*NX9&F4R!5#MO&#=-WUEE$)Q^ZB;N*IQI1] M2=(2[7F27Y1X%V?Q99IDCWP@O5(Z`]M2=I?5`!K/H`BX8K_N35)D<5?PZA,A M-CR@L:''M`9HPRCJ?B`9C"+]'S:EQR^,MZ$91?/IL%A2[!*]'6I1M.!/T?T# MR_+_6G,L+%V^Z-\,H"4]@D&X#<@]%.-J5;7.H5INI0%NPAR+[9!C%SGY3Y0++-O0YUP!O/(`B$V50G3I. M_/&+[WO'U-LTH,^]"G5#/(IP+/L^3T[98CTOZ/F2I,5!W^)D\)OPN7?TN5T3 M>N3;X6[HQRY96-X0/W,@]63U"^-`PN55?]IBVXB>"VR1-T[`+D-8HBJ+NBS9 M4QCG-PF_+4[KLV0-;M`WH^\(/?;&%=AU"TM<%S$KEX@[0@N]\0.*5)5A\9?D,HPKNFI]C5#DM$3;R]"C:J:^R*D-;K@K0X7=)W_ON,6]P^^Z/H=6,6 MBDT#AURG>&[W1Q'TANP4LSE]TO79*OLXB;M/?/I^SRR*$0*&]&B&T#8$XZ3U M*I!H*Q3"MF[0K*A7N(^3_=L'HXK2Z,V*T.SC9`7W<8B3Y4W<"CLGR!5@ M&W9Q$H8U0'H;4?1V[K#;V9JRC[/340VDOVM4;^<,N]U]I/LXFR#[0*ZCV(HC1_ M@;^2&AMZ#&N`-HRBR$0)A.X[J#B$3=QJ+YT2@OJA,I?-11%N`D! MI)$^@QWR4(1=T[OQ:P5:$J85^C(=;DO)+5A4DY2]7[#XJ MD,:YXC6J-J%'K!IG>[P=1MBNV?BI6'N0+])C4$;8GGW1.`J'9=Q?:30/[];Q(OO;/%E]+`=SFLS7*_[++?3K]6H5 MIB\_QR6Q;''3:7P:/44+WM<7WBJK=U&?-07)^`U2=+S#_S<+)A\FXK?Y/XN? M_UC]_J3N8/)'T\6?W*+;S43T,ZD[FI0]37A76'=8&335WF+UU?=_@0@*.TD- MXD_'SY&<>FNT'N.AT'!:/!%&O,WK!>=U+3H_359A)(L(^>(87%K>#EUN!=PW M4)G?!05;LYU@9U9RQ?_PK^K9O_D]N7[@<+-O;'7;2_?3V!!G3H.Z)K!:&^/( MJPS8K]5(MM6-*FWAE][ M`B>K10=JF`<<95YB?%LKEZ8)QU=V'RXK9:5X2?>N$GL[]_!M^6C-B#[<>Z!N^2FHEP5T>3*?![JY:1/0NC\N4VKVE<.@AK:DZ MI'[SMF-2ODW[EZFZH(^T=@%*>$>__E<3J3(@]MRK(&YY5F2^%1^2)>^QV'Y= MXM-MS##8TEL"-@!NMQ^AE0_^LHX7%X^LV$@7W[=[W0'2![2CYX`!X-M@$8(S M:A"?G\/5XY+]$N4/5VS!5F7\'_3&D(;TW#$$O5CS07DX-H&=)Z_R!M2,NB\@ M[,(3J.6C0-YU1O18UB$5D^I1RHK8;GPDS2P`5I"+3ZE^DQV,>(FJG2='^91D6N M@^[!!^P(<]H'JTIE>7]RK]D\B118TW_54___)%>D3*"-N3 M\O"X,Q;A`>S(,@J5W$&9N4H+*.IT?YT1/5IU2-NZL1CO4WDE1,VJWHP>KWJL M[69.#)V5I/E=LHR2&XXS>6*IIB*OUHP>LWJL(OB+DY0CP]!*6,#0`7;[[UF< M0R+KY\98D0JPH\7L_L7]32Q=Y4>FSV(@CZ<=>>Z=^-W$C*D2RKP M#9RAS$P*F/J`/>';<@.>H`PE1:WHV7@[ZHQH$@G=AF@)W,8OO\Z()J?05QYE M7E6`,'S;U28T^=1_QU'3(8_CA=UQCS8-Z#%M@[K9AX2<,CGD>!TWWKT&P()H ME(EJ#<[<.OV[E.4=4O1N_$FA0SID@K=GBA+[P*(<98`&=+E%Y@M[*(( M`0'$,&/0F]'E5CMSV!WE[,3O_G3HW5&.0O2'[^V.NO%Z_L`6ZR63-Q7KZS6J2S5.)Q\FXK>*?[8_-RE^;_*'J3CCV?3/[ZTN MXY`D9,U>?ZT5L0W_6IPC[OK7%AT'[,:@U7`GJ%*\^[7'D78E/D>K]>IDO5HO MR^]V66BL2LN[>&+I17%":G$2*G_$>Z=O#&M+U!$#1X&Z7\R(+>^?I6W9QE5O MY!L':>,]YN#*C[ZPS(]&]*N(6; M?JBPVSQONXX\;]T1QE+%B_[H_G\V0=Y[47C[.,Y7)I6="2**\@9M0M@CTD)G;=X11YN]\F M1-7<3&E!E$TEUFWO]O/'`/EC@/PQ0+28\\<`D7E!^&.`7LNI/P;(P<-H_#%` M8S'OCP'RQP#Y8X#\,4!OF";X8X!>JR3\,4!CW[Q_K6.`1DO8A`XA&9J\.=M, MWJQ^>E+\]J3Y\8GX=9_*::Q]JDGF!.R(O;`!I)@)G?T*K+J43M!R#'*-]X2Z MPNQHB9UQ>,^*!:QB!1L(#NG,R%*LAVR3[[)#_6/;%9Z%XF?I4S1GP?0V`!UI MWXRL8^V'8.-H\I*@.]R+]#I:1GOZW.NQHQZAT."9#>1>;T^?>SUVW*,6 MK!AWCV2IV7>2+J<8VI[94WL.>6H/.=.M#R'8,3(: M[+C#:(%UV_EK/AKHHX$^&DB+.1\-)/."\-%`'PWTT4`?#?310(IO9Q\-]-%` M'PWTT4`?#?310"(N<"D:>)ZT9;+?$!G<`R.#_S$Y3R9M/SY0.&`-L^L@JZ"A MN@&Q%[L-Y/&"B5T\@P*+<,/QUYBAFPEVBS;XB+D=3H'+(A"I,G?9%6(,&]_U M<1T`QQ=5YLX[8#9F^+V'!@X;JLR==\">')(?U0.&,*/*W'4/=$.1V,$Q'XKT MH?#2, M3D#!1\-\F.8U89I]"F&:JKSY35'-ZHKEZS2&"Z9_"M/BA.16OG>",_O*PNGE M3T_JWYZ8@S"3_Q9]_,]?*APC1EWVIHG`:&R(O3\T*#'C+-6]5]UT)Z'JV&&E MQ1A$@GXO9ZXJI)A1D0T`N@"5SH@^I?U8$TJHHXOAC.N6TK&G80X1*]F1YU;" MBQG(Z,((CH[D9?/^9?)D5C!18Q%2]W+\LW_9!1*#[8<3AI`XA4FZ/X1)/'2#Q$.YMCDNB4\VST?$J18JLOD2:Q@;KNH^!`2(<5277:!Q%:Q3-$5"^\>4BS591=( M;!7+%%VQ%$."271!L50P!8GHBH5W#RF6ZK(+)+:*98JN6'CWD&*I+KM`8JM8 MINB*A7/>08JDNNT!BJUBFZ(J%=P\IENJR"R2VBF6* MKEAX]Y!BJ2Z[0&*K6*8C*);>UH3^90=([.PVF(V@6`)8L01N*):@52RS$11+ M`"N6P`W%$K2*93:"8@E@Q1*XH5B"5K',1E`L`:Q8`C<42]`JEMD(BB6`%4O@ MAF()6L4R&T&Q!+!B"=Q0+$&K6&8C*)8`5BR!&XHE:!7+;`3%$L"*)7!#L02M M8IF-H%@"6+$$;BB6H%4LLQ$4RQ16+%,W%,NT52R[_N!6OS_:[X_V^Z/]_FB_ M/]KOC_;[H_W^Z''>SGY_M-\?[?='^_W1[\BJWQ^-LS^:/RKAO6Z;].NJV!Y( M&Z6K+M0;IGT-6W!JUO5.19EFZS1H2>P%`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`FY`HNZPO+C]-_=N],34'/8OTZ.PCQ'U MI-RF^\LT6H7IBRX\`=@1YK0/%O4$W0;'-9LG\<*&7I4E88)5<%'/U_W\_,CB M3//\RQ?I$2DC1#U6M^[\/$S3L'"F[N8$[,@RJ@*+>MQN.4-[2):\RR^,92>A MJMZ"SH@>K3JDJ*?ORB"2Y7H5GX;^%SM%JO3M:K];)\ MDIPC:F#Y&Q5EMB[B"_7Z?PAS%AF^80,_0VR#AHZD'7&027E1R-<%FM$ M49)&^0MWH7Q:,>'EHWKLIS7`X2](NY9DG6X''_7<9`,R_:L1;N&<"RK8-D_9 MS)&GK#O"^(I%\1/+E7R& M6X!H_R"O>D*6]/P`PD4]<'H#"40J>1J1#YG^_,SG+/$],]V9@!T]0@&PJ(=/ M=W#HZ21.(/)1T_6K_7@^3]9Q7COP.,M8+H?804MZE()P40^B[B$Q$>L$G<@' M46\N6ZDF7DH+>D0J8:(>1WWQR(JUZOB^7KO6+!;KS>B1JL>*>D9U'X9NR1BT M=('?_K(QS@G6W\(XO"^W-Q6KU\#'2F=&CUP]5@M]71]Y35A?=R5AD8G-TJ=H MSH+I;0!ZT+X9/8_:8[?Q\)Y+'KY(KZ-5M`S3\R0>Y&-30]I>-J%'/1;\)%D] M)C$?4U!.+\0[6^L&"WMZ[%N`1CU&O,$S'4BZWIXPZ7K0J,>.-WAF`TG7VQ,F M70\:]9AR.ZH=(E@+U>+K7!]J3OCK?#S_;1UQ9%_6\:+X+/$)B=%YEFWHN=(2 MN'`>BMXVLNT&M:]]0,CO[.;WR2]A5,2JTBL6K6[7:5:J,:V_;!K0\Y\-:N$S M%"E_SG+CHZ&QH<>N!J@@%"7N:?9P<332Q=T-2U=1'"K6_%[U"_2<\:IA"%>A MQ$\ODS2_2Y91?V M@%SUCY;3V#C`ZE7W[+A=%`U;?S:^)$D>)SG+#-LB5';TB`7`"G)1M*KX)HL\ MMBI[R<0Q8$Z6:@!SL\\4D_&K(I_AXJZ3V6!D'6Y"EWD8MV`?4VM^2EGXZV,2 MQ7E1,;"(V<I]*0+--*M()?E`AO#\BW*"[R(L[*7,CR=!16K4`_%X_DI+/L-@Q'.0Y735WRFQ^^=Q4URQ>Z6;)Z?\-PK#$51)VNV4TB/^D:%PQH3]_LE"380$M*1.K@174(RKDTLDMD5Y`'/J9`,E>O8Q MM?&&[]5;+T!+ZCQ+<`7%F`*X1E+@V`E`;H4)=5(%3HN$F_U]Z@DWBJ'-S%Z: M.>*EF9V7#ASTTI[92WN.>&FO]02F[.U`"':,;`8[;K!9X!1L8NI0\65/VAWG M0R(%9L'X"'*U M!P>>W*C,G6-\UC(^AGJ5X<`3%96YFSG8?L>`:I[@RAY>S^Q?ULF[O M*CTV>Q`%?2AZ4O1NU#N0(5U2(2V#HC`%D"9#_"2)YWQ(J6K;C,F8+L\ZQ,T) M2UAGT^A/I2'\"MB`)RA#T7A%S\9'7V=$DTC@D3]$47$%".,L2V=$DU-@1G6( MHM,*$(9YE-J$)I_:.=,A3F%;#N%KDK%O2%#1VKM'DKP-0$(=V^MEY$B^* M/:%9=!>QQ35G9"TGR^C-:-*IQBJ819%,!8S2H]_"]%>6%PDX"E)[%C3Y[,$4 M5*(=Y&=Q<<3RXI0]\G<-_]47_H<\RM>J\M4V+6A2;80MJ$=14^6[71F= MV+A"DTHYRG"((I#*GG7E+>6+1(GK%[$\0A,\"L:H\M2R@Z)M/H5IL8/ZZWR#MF"$#$0Y#T5T=C!=QF?%RD7YE M&>`3R8PT[1)6P2Q.'9P6QO%B$549<]4,_"Q>L&<]PQISTDQK,`O&<>KC=.`\ MA=&R?K0N'[CV`=CNF])FNH]7L(Q3)4<-Y1=V>QWEQ7V0@J\/J(TSO,O`A0-0 M%%T'TV68Y:=)N7N(/W`1_W7V9'YN@.3\]Y) MV3LH`E%T;YR'0X9T685.R]Y!U9CUPU)O\2P/N/N:A`OYU6PVITNV'G-#.8J\ M/([C=;BL\*K7VI06](A5PFRX1%&0&Q!TBW`Z(^*,*@XDWT%1>5T49_QC6GKV MM%_=$+"C3:T$MF$71>EU@01\%@*06EVFS66%L:$01;I)_/^0.JDNDZ>PHTZFZ.J$]P^ID^HR M>0H[ZF2*KDYX_Y`ZJ2Z3I["C3J;HZH3W#ZF3ZC)Y"COJ9#J".NG5VNA?IDYA MIY9&,!U!G02P.@D<4"=!1YU,1U`G`:Q.`@?42=!1)],1U$D`JY/``742=-3) M=`1U$L#J)'!`G00==3(;09T$L#H)'%`G04>=S$90)P&L3@('U$G042>S$=1) M`*N3P`%U$G34R6P$=1+`ZB1P0)T$'74R&T&=!+`Z"1Q0)T%'G,Y6ZW8(@ISMGRY3-F<%?LJ+ED:)7+! MD&W\(%UWO654C6-1-_%48\J^)&F)]CS)+TJ\B[/X,DVR1SZ07B6=@6TIN\MJ M`,(SNR@"KMBN>Y,46=P5O/I`B`T/:&SH,:T!VC"*NA](!J-(_X=-Z?$+XVUH M1M%\.BR6%+M$;X=:%"WX4W3_P++\O]8<"TN7+_HW`VA)CV`0;L,QBEAL=H4J M(0'O"J@!/<9M4#?$HTA,&-$@TMTCO$,VBAC]FOQN]R*!#.F1#*%M"$85HTI$ MP%L$L*='MP7HAG54G:H$-(1QY]CN,(TB'.VJMCE4JLU4GRW80Y%],HQB9[^I MA;HA'D4XEGV?)Z=LL9X7 M]'Q)TN*<;W$P^$WXW#OYW*X)/?+M<#?T8UK+ZA7$@X?*J/VVQ M;43/!;;(&R=@5R$L495%79;L*8SSFX3?%J?U4;(&-^B;T7>$'GOC"NRRA26N MBYB5R\,7=\=W?.+%D5T_)+_+LTKK5O0=H87>^`&[F&$)B[\DEV%TSJ@BK"V`7W^H6IF>]C%#DM$3;R]"C:J2^R*D-;K M@K0X7=)W_ON,N[E]1M'KQBP4FP8.N4[QW.Z/(N@-V2EF<_JDZ[-5]G$2=Y_X M]/V>610C!`SIT0RA;0C&2>M5(-%6*(1MW:!94:]P'R?[MP]&%:71FSG!KQ2A MVS-64?9Z>C&DA_UZC> MSAEVN_M(]W$V0?:!7$?E;+^NK6IF6;9W@FT9=,,ZSK[)/B"P0J_1W`G.-?5Z M]U%$8>HC1_@;^2&AMZ#&N`-HRBR$0)A.X[J#B M$3=QJ+YT2@OJA,I?-11%N`D!I)$^@QWR4(1=T[OQ:P5:$J85_#)M2\DM6%21 MS/\AL\S_]*_/<1[E+U?L/BJ0QKGB-:HVH4>L&F=S?#=&U*[9]ZE8>I`OTB-0 M1MB>;-=R]_>/7;A?>=/JS_)?-T;!GG,6+]K\L]XX"G]EW%UI-`_OUO$B^]L\ M67TL!W.:S-/55>3NJ_)'TUO?W*+;H^3C2XG M99\3WNFD['52=COA_6+=>64L57OKU5??_[TB^.SD.H@_'3]'L6]&DWAI^[0F<)1YB?%M M+;^9)AQ?V7VXK`27XB7=NTKL[=S#M^4WAYWH5KZ--R^-P9O&M:W"EEZWKUF6 M5$[,K@LQ-CO:.]I7/KG]RV.PHW)=04T?W<:\E?*TJWE.RFEC.8E43;RT9L0> M;CU0S*]2V[?R,>]?'I=%M>O+&[N'M*;Q-4OH:D'&GYQ@.@UVU<]]_S)5JOI( M:ZH.J;\#].N"M1-4!L2>>Q7$+<^*S$_\0[+D/1:[LDM\NOT:!EMZ2\,&P.WF M&+2JPE_6\>+BD17[Z^+[=@L\0/J`=O0<,`"\<`9*F*X&\?DY7#TNV2]1_G#% M%FQ5I@6`WAC2D)X[AJ`7:SXH#\`*U2"[(N\Z('LLZ MI&)2/4JA"]O]D*29!<`*:S9-X84.ORI(PP2JX[?G*>--?]?,O7Z1'I(RP/?T-CSMC;1[`CBRC4"4> MO/7@=@%%O0M`9T2/5AW2MNPIQOM47@E1LZHWH\>K'FN[YQ!#9R5I?I6*HIU*LUH\>L'JL(_N(DY<@PM!(6,'2`W?Y[%N?@P_JY,1:J`NSHL0N` M%:\%%'TE7DJBN&:Q('1OY!@P)TLU@+E)X<-D_*JHK7QQ]_EY7E99+F,P!M;A M)G29AW$+]E$$V^;*,B@J9!NR_,I`!:&8\JS&\.FEJ-1B0ZMD29U<":Z@&/,# M**(AEF(.,*=.-B#MIBC23N5[M1(!+:GS+,$5%*,H/7V(;^@-;FA*W0DF_,(K M*"I1#\W^(0!:N>0+S<,Q0@J&K?(!S*D3#^B@&>:LO(9CJ,UK,J;.MK8N[PQE M#G[-X>7L_D4]3>Q=I<=F#Z*@#V?=N>[=^)V$#.F2"GP#9R@SDP*F/F!/^+;< M@"51YE4%",.W76U"DT_] M=QPU'?(X7MB=`FG3@![3-JB;?4C(*9-#3MUQX]UK`"R(1IFH-DS`[=N M[SY%6;<4O1MO4LB0+JG0[8FR]"Z`&&<)D"%=?H'9`NY!](89@]Z,+K?:F0/. MJ?-_N4.C<J3;."=U_Y2/5-H[F1B_I>#U_8(OUDLF; MBJWJ.*I+.$XG'R;B9XM_MK\\*7YZ\L>@HHUGTS^_MWJ-0Y*3-34`M%;$"@%H M<8Y8#4!;HQRP&X-6PYV@2OWNERI'VJWX'*W6JY/U:KTLO^=E`;(J7>_BB:47 MQ8&JQ<&I_'GO'=8QK"U11PPH^,B.VO'_TMF4;5[V1;YR[C7.`386I@^1L M]9AD;'$17Z[3^4.8L'OQ/M6M+VKMT8 M4/?6&9#IWX9P"S?]L/DFW'7DF>J.(KYB4?S$LIPM3J.G:,&E4%$#=:,RI\&Q M;_@YVEY_P\!0=P^VR7M\0`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`NMWD4VG&-K,[*F9 M0YZ:?2?I<(JA[9D]M>>0I_:0,]GZ$((=(Z/!CCN,%EBWG9_FHX0^2NBCA+28 M\U%",B\('R7T44(?)?110A\EI/AV]E%"'R7T44(?)?110A\E]%'"P5'"\Z0M MC[V=B.$>&#'\C\EY,FF[]`'$UZYM=AUG%4Q4-R#VPK>!/%Z0L8MG4,`1;CC^ MVC-T,\%NH124[.*R"%"JS%UVA1@#ZG%L!CAPX%%E[KP'9LA'L1G@P`%%E;GS M'A@WZ"C#,00@5>:N>\`'*7V0T@/MBN7K-+8^)N!3F!9'A+>K M59W0Y+[RN("RETG=S61@"'+RWZ+#__E+!2/%J,O>-/%'C0VQU[<&)6:4L;H1 MJSN0WUP%'[**4%F,023H]U(XJ)!BQ@0W`.C"LSHC^I3V(ZTX@;XNB#.N&TO/ MGH8YQ*QD1YY<"2]J&*^+(S@ZDH-&_X/81(/W2#Q M0>`23>.0&B4B*A0\)4BS59?(D5C`%B>B*A7/>08JDNNT!BJUBFZ(JE&!),H@N*I8(I2$17++Q[2+%4EUT@L54L4W3% MPKN'%$MUV0426\4R15TBQ5)==(/&PD\,U`HF08JDNNT!BJUAF(RB6WL:<_F4'2.SLM9F-H%@"6+$$ M;BB6H%4LLQ$42P`KEL`-Q1*TBF4V@F()8,42N*%8@E:QS$90+`&L6`(W%$O0 M*I;9"(HE@!5+X(9B"5K%,AM!L02P8@G<4"Q!JUAF(RB6`%8L@1N*)6@5RVP$ MQ1+`BB5P0[$$K6+9'4&Q!+!B"=Q0+$&K6'9'4"Q36+%,W5`LTU:Q[&Y+L?CJ M`+XZ@*\.0(LY7QV`S`O"5P?PU0%\=0!?'$=6 M?74`7QW@.ZH.P-&$][HB`6^N8'X@E0FH>E.7"_#UR^UGQEVO5?QI"@>`EL3> M[R!6U"("?2#UTVKB5OZP(Q)K<4]H2*Y!HU86Z*-0EAD'[-SB>)2*XCH5N@]7#R M82(ZX/\L^OA8=3*I>IG\T?3SY]#*[-];;-6OM_GU-K_>1HLYO]Y&Y@7AU]O\ M>IM?;_/K;7Z]C>+;V:^W^?4VO][FU]O\>IM?;W-IO>W=[M9V/4V3`Z\R(/;< MJR!B9KS+:Y(EP!OVG'_BO_^KED^U\1CQKFX>JFXZ'#RA^ARX')QV;=?-/:+QG[1 MV"\:^T5COVCL%XW]HK%?-/:+QG[1V"\:^T5COV@\_K3++QK[16._:.P7C?VB M\98X_(F%BRB^UU+87*>\--R`1*T><7'[;^[=Z(FI.>Q?ID=A'R-J98BF^\LT M6H7IBRYL`=@1YK0/%K7P0X/CFLV3>&%#K\J2,,$JN-LN\`!2_/GYD<69YOF7 M+](C4D8HN$/Y!-6=GX=I&A;.U-V<@!U91E5@!;DH1S&5\[Z'9,F[_,)8=A*J MZNSHC.C1JD,J.$4YF4D&D2S7J_@\7,D!3,"./K,=L()[9!9<7%W=" M"K;-4S9SY"GKCC"^8E'\Q+*<+4ZCIVC!XD411-X(;1K\_8:?(WLSO&%,XFY` M$>E7;,%6Y5W)9[@%B/8/\JHG9$G/#R!<03'.1I;XE!T^N=G/F>) M[YGIS@3LZ!$*@!7DH@CV#@X]G<0);"G#E.''\WFRCO/:@<=9QG(YQ`Y:TJ,4 MA"LHQA34+1(3L4[0V4E+PE^+4TV\E!;TB%3"%%3B1#$?6;%6'=_7:]>:Q6*] M&3U2]5@%LSC1S1X,W9(Q:.D"O_UEXQE*C/-;&(?WY5ZG8O4:^%CIS.B1J\=J MH:]GN]3U=5<2%IG8+'V*YBR8W@:@!^V;T?.H/78;#^^YY.&+]#I:1DHZK7!,QM(NMZ>,.EZT()T%#UK1[5#!&NA6GR==W>H?YV/Y[^M M(X[LRSI>%)\E/B$Q.L^R#3U76@(7SD/1VT:VW:#VM0\(^9W=_#[Y)8R*6%5Z MQ:+5[3K-2C6F]9=-`WK^LT$M?(8BY<]9;GPT-#;TV-4`%82BQ#W-'BZ.Q+NX MNV'I*JIJP@R^LQ6_0,\9KQJ&ESBC7F]$C78]5 M,(LB?GLP=&GFD*$#[/83S7=1=&X/R%7_2%&-C0.L7G7/#-U%T;#U9^-+DN1Q MDK/,L"U"94>/6`"L(!=%JXIOLLACJ[*73!P#YF2I!C`W^TPQ&;\J\ADN[CJ9 M#4;6X29TF8=Q"_8QM>:GE(6_/B91G!?E`XN(O49S*@W),JU$*_A%B?#V@'R+ MXB(OXJS,A2Q/#&+5"L3QJL!G8MW8W`%?&,<@/(2B*FMXXF&\2<-%M1QTDJQ6 M4985B:EJKQB:D/6$`;=@'W-_;';%:I8^)?G#MS#+N?`J5^06O;P=NR9DV3?@ M%NQC[K#-^'^78:5K+^[.DSAE\W5:;)G0YJ`-:DG7%U;PA4M0Y.A&;.&<_5X\ MGI_"@)3]G8@ M!#M&-H,=-]@L<`HV,76H^+(G[8[SH1,90U/J[)OP-]6PQ_6*_60':.62+]23 MH(,1U&@7E<6$2&7N$O$"LV!\!+G:@P-/;E3FSC$^:QD?0[W*<.")BLK<.<;; M"R!0^0BC-UX9PLDRR*[^WX M[AM39[N/6'"-4UR9P\O9_8MZ6;=WE1Z;/8B"/A0]*7HWZAW(D"ZID)9!49@" M2),A?I+$P\B1?%GM`LNHO8XIHSLI:39?1F-.E48Q7,HDBF M`D;IT6]A^BO+BP071_"PNCEA>G+)'_J[AO_K"_Y!' M^5I5OMJF!4VJC;`%]2AJJGRW*Z,3&U=H4BE'&0Y1!%+9LZZ\I7R1*''](I9' M:()'P1A5GEIV4+3-IS`M]K#FQ_&B<_1\>:*J6B7:-*#'K`UJP3N*_NF@,$I+ M@RT]M@V`!=$HHJB#Y2PN_U70<[9P=%((KNC?-PR)`NJ]!IV3NH&K-^6.HM MGN4!=U^3<"&_FLWF=,G68VXH1Y&7QW&\#I<57O5:F]*"'K%*F`V7*`IR`X)N M$4YG1)Q1Q8'D.R@JKXOBC'],2\^>]JL;`G:TJ97`-NRB*+TND(#/0@!2J\NT MN:PP-A2B2#>I?SF1OW^9/(5!AT*<@C";_4]A"J<.4#CM4(BBK*3^Y<-'_S)Y"O/\',(4'#E!XT*$07CJA/\?4B?59?(4=M3)%%V=\!XA=5)=)D]A1YU,T=4) M[Q]2)]5E\A1VU,D479WP_B%U4ETF3V%'G4S1U0GO'U(GU67R%';4R11=G?#^ M(752729/84>=3$=0)[U:&_W+U"GLU-((IB.HDP!6)X$#ZB3HJ)/I".HD@-5) MX(`Z"3KJ9#J".@E@=1(XH$Z"CCJ9CJ!.`EB=!`ZHDZ"C3F8CJ),`5B>!`^HD MZ*B3V0CJ)(#52>"`.@DZZF0V@CH)8'42.*!.@HXZF8V@3@)8G00.J).@HTYF M(ZB3`%8G@0/J).BHD]D(ZF0*JY.I`^IDVE$G,Q1U(G)UC>5G($-ZM$)H&X)1 MM(M`8JA%HS>C2ZZV)DTP0]$T`L<5"[,DOF9%ECE;G"S#+#N-[NY8,;HO?#QG MJQ5;1&'.EB^7*9NS8E_%)4NC1"X8LHT?I.NNMXRJ<2SJ)IYJ3-F7)"W1GB?Y M18EW<19?IDGVR`?2JZ0SL"UE=UD-0'AF%T7`%=MU;Y(BB[N"5Q\(L>$!C0T] MIC5`&T91]P/)8!3I_[`I/7YAO`W-*)I/A\628I?H[5"+H@5_BNX?6);_UYIC M8>GR1?]F`"WI$0S";3A&$8O-KE`E).!=`36@Q[@-ZH9X%(D)(QI$NGN$=\A& M$:-?D]_M7B20(3V2(;0-P:AB5(D(>(L`]O3HM@#=L(ZJ4Y6`AC#N'-L=IE&$ MHUW5-H=*M9GJLP5[*+)/AE'L[#=5+K!L0Y]S#?#&`R@R40;5*>/$'[_XOG=* MO4T#^MRK4#?$HPC'LN_SY)0MUO."GB])6ISS+0X&OPF?>R>?VS6A1[X=[H9^ M[(J%Y0WQ,P=23U:_,`XD7%[UIRVVC>BYP!9YXP3L*H0EJK*HRY(]A7%^D_#; MXK0^2M;@!GTS^H[08V]<@5VVL,1U$;-R>?CB[OB.3[PXLNN'Y'=Y5FG=BKXC MM-`;/V`7,RQA\9?D,HPKNFI MV_U1!+TA.\5L3I]T?;;*/D[B[A.?OM\SBV*$@"$]FB&T#<$X:;T*)-H*A;"M M&S0KZA7NXV3_]L&HHC1Z,R?XE2(T^SA9P7TU5,V>&,?P\L^(+1?JV;+1FA[A M1LB"[P,4+:B%HYL\VS1PB'7%-/H`11'J$*E.Q#'8ND/WYIDXP0&*--2!L239 M)7X[U*)H006.F_#Y\V_KZ"E<\I%9\JQJXP3I*N"-!U`DX\U#E.8O\%=28T./ M80W0AE$4F2B!T'T']6;D>55]\U`TXB8.U9=.:4&=4/FKAJ((-R&`--)GL$,> MBK!K>C=^K4!+PK2"7Z9M*;D%BRJ2^3]DEOF?_O4YSJ/\Y8K=1P72.%>\1M4F M](A5XVR.[\:(VC7[/A5+#_)%>@3*"-N3[5KN_OZQ"_D&F?-Y\STVOS[Q^*';L.,\?_G_P=02P,$%``` M``@`\'@Y0O9[W$KW!@``/V```!``'`!T9C$M,C`Q,S`Q,#,N>'-D550)``,$ MY@)1!.8"475X"P`!!"4.```$.0$``.V<6V_;-A3'WP?L.W!^KB^RTVP)XA9M M+H.!)"V<="LP#`4CT0E7BM)(*A<$_>XC*8AMDO]SJ/,S19V< M\NC]HT_`/6(=B'D4G`24(D+0$YA<@,\LX=\"`1DMTA<0A_Q$+IHW+D3(CSL]Q\>'GJ" M0/.OQ$D>(:1UP%R MMI0O"3Z,>@&[E0H#I__UXOQ*NY!T/!0SIY#U>-0CP?3[)B/.P<%!7[>F7==Z M/MXPDCHTZJOF&\C17%FVXIS^F,IK2MUY?RIC$OF;!WB"]<53B/JR4U?V4I/J MR"@`<`0I#004$@G]7GT2AIC.@N2M_$!Y=IBZ-T4SH*=UJ`3''8[]D"@G]&=W M#,W&'7DIN^F%^A8RU),>ICT$%D0.^\P0E['3AL&Y;.!O`"3S7BP@*&?NJKD? M+DB#-AGF?PQM$2DZ9J+'-SE;I7,OY`?7BRW2RQ3JH M73M)[@[I;[FXGU(YY:>)7#^8K_GL`.S)P&_3<^Y5ZM=+M-\-]#_0!:G"XDNI M!F(YL*!WU%\56=6/./(^T7?Z]>IJDHQ.NN2-7/DR;C]P&>;-XY)/TPC5'+@I MYM^G2$2,7D6^#]G3%ZIQ0][UPN`3?(\]1+TS.4IZ=TP@YQ^.Y46?+`>WLIH) M`,=9!D`9[,<606(2/,^-_I`]%@V#U#)(3`-M&WP`QYJ@B04F$QBU5?(B@J[N M($-W`?$0.T.(Y\0U1J/$.",$0QG75%>]?)$&2AL\&\+^P\;9&.@,L`O-BTL#1S`[D.!"3Q!BUOS?\(V;&\BXM-]X^B$D8P]C?>/K09D-@Q M;AS_2LW];5$PHW`O;\JW6>$LMFQ4U#+"\>L*'+&YS9#8-:.QI]$3)"`FVSP^ M9CV!%E`P0O%;]E-G;*;(0Z?E()L#S%T2\(BAU3B>0`%/XVQ_WDU@/3-1IZ*1 MDP/%R=SB9E*47?"<6K8IBM?*:>D_2E$]04BN?$C(,0S_@"1"^HJ7RFP9-4T$ M#:OEMY;L`^T`D!X`[4)"DB6H4I(K.\1;Y[MR)(Q\%$U]Y1)AMR2UY<&VQ:*Z MG!&1:MDQ"TP+J;)M::FH942E2@+-@M)R-JT<-)5TC0#5F&.S/#6:<,N.DD@F942-E:Y.A):3&>K64B%(C MC014K5F3T;9;D:;*UE9#7UK%B$&]I6L6BJ:JUU:)*"=AQ*'."C8+0QM%;/E@ ME)$S0M)@(9MEIOY:MLFPAFJV!1$C'W74LTV&-GW67DG;VGZCJIJ1D<;*VNP* MTEAE6_8C:B$-(QNU5K?9I]+F"]SF8-2E9D2DN<(VBTMK%6VE,EYF41,\>RW4 MM%F(&BIJ*Y`4RQ4Q0E)K89O=E+13VU8R;U:-E`;KVRPW+92XE4FM52.FL3(W MRTO+E6Y5LV_5.&JKVLUBU6C!6[D$W59Z1H1J+WJSB;M7JGNKF,.KMA*U4_MF MUZ$VRM]*I?FJX=-<"9Q]%&^W"JYT)K"&O$Y;=7#_9Z*.^HN';3V;H/[OH>P.IUUV!TX4B#3AXUCU(ONR^`2UADK;#P9(G\7 M-FT^W'6K$"R.O(P'JA@4]2!U[&[^.^H70Z\*ZU'2]B>K(93E_%?\MX>_!VU>WUEGH>VQ<5":[ MO:3L9RXI^SMZJ5,4UA;#]98=]7SMFJ^W[)CG&N3KAT#_>8MOYGRM^57G<-2/ M]Q'RY7]02P$"'@,4````"`#P>#E")$#F0_$J``#FC0$`$``8```````!```` MI($`````=&8Q+3(P,3,P,3`S+GAM;%54!0`#!.8"475X"P`!!"4.```$.0$` M`%!+`0(>`Q0````(`/!X.4)LP'&[?0(``#@+```4`!@```````$```"D@3LK M``!T9C$M,C`Q,S`Q,#-?8V%L+GAM;%54!0`#!.8"475X"P`!!"4.```$.0$` M`%!+`0(>`Q0````(`/!X.4*=4ENQM8D``-!1#@`4`!@```````$```"D@08N M``!T9C$M,C`Q,S`Q,#-?9&5F+GAM;%54!0`#!.8"475X"P`!!"4.```$.0$` M`%!+`0(>`Q0````(`/!X.4(0!7?:C24``(8V`@`4`!@```````$```"D@0FX M``!T9C$M,C`Q,S`Q,#-?;&%B+GAM;%54!0`#!.8"475X"P`!!"4.```$.0$` M`%!+`0(>`Q0````(`/!X.4(>65V1[7(``/FP"0`4`!@```````$```"D@>3= M``!T9C$M,C`Q,S`Q,#-?<')E+GAM;%54!0`#!.8"475X"P`!!"4.```$.0$` M`%!+`0(>`Q0````(`/!X.4+V>]Q*]P8``#]@```0`!@```````$```"D@1]1 M`0!T9C$M,C`Q,S`Q,#,N>'-D550%``,$Y@)1=7@+``$$)0X```0Y`0``4$L% 3!@`````&``8`%`(``&!8`0`````` ` end XML 15 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TRANSAMERICA FUNDS
Prospectus Date rr_ProspectusDate Jan. 04, 2013
Class I2 | Transamerica International Small Cap Value
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TRANSAMERICA INTERNATIONAL SMALL CAP VALUE
Objective [Heading] rr_ObjectiveHeading Investment Objective:
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock Seeks maximum long-term total return.
Expense [Heading] rr_ExpenseHeading Fees and Expenses:
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the fund.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover:
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the fund’s performance.
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Other expenses are based on estimates for the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all shares at the end of those periods (unless otherwise indicated). The Example also assumes that your investment has a 5% return each year and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies:
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The fund’s sub-adviser, Thompson, Siegel & Walmsley, LLC (the “sub-adviser”), invests under normal circumstances, at least 80% of the fund’s net assets (plus the amount of borrowings, if any, for investment purposes) in small-capitalization companies. The fund considers small-cap companies to be those with market capitalizations between $200 million and $5 billion at the time of investment. The fund primarily invests in equity securities of small-cap companies located outside the United States. The sub-adviser will seek stocks that it believes are undervalued. The fund expects capital growth to be the predominant component of its total return.

Generally, the fund will invest primarily in common stocks of companies listed on foreign securities exchanges, but it may also invest in depositary receipts including American Depositary Receipts (“ADRs”), Global Depositary Receipts (“GDRs”) and European Depositary Receipts (“EDRs”). Although the fund will emphasize small cap companies, it may also invest in companies of varying sizes as measured by assets, sales or market capitalization. The fund will invest primarily in securities of companies domiciled in developed markets, but may invest up to 25% of its assets in securities of companies in emerging markets. It is expected that investments will generally be diversified throughout the world and within markets in an effort to moderate specific country and currency risks.

The sub-adviser employs a relative value process utilizing a combination of quantitative and qualitative methods based on a four-factor valuation screen designed to outperform the Morgan Stanley Capital International (“MSCI”) EAFE Small Cap Index. The sub-adviser’s analysts also perform rigorous fundamental analysis. A portfolio composed of 80-100 securities is selected as a result of this process.

The sub-adviser employs a consistent sell discipline, regularly reviewing the investment thesis and valuation for each stock and selling those where the catalyst is no longer valid or where another stock presents a significantly better combination of risk and reward. The sub-adviser trims and reviews for elimination any stock that suffers a significant negative earnings revision and eliminates any stock whose market capitalization reaches twice the maximum market cap of the MSCI EAFE Small Cap Index.

Under adverse or unstable market, economic or political conditions, the fund may take temporary defensive positions in cash and short-term debt securities without limit. During periods of defensive investing, it will be more difficult for the fund to achieve its objective.
Risk [Heading] rr_RiskHeading Principal Risks:
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Risk is inherent in all investing. Many factors affect the fund's performance. There is no assurance the fund will meet its investment objective. The value of your investment in the fund, as well as the amount of return you receive on your investment, may fluctuate significantly. You may lose part or all of your investment in the fund or your investment may not perform as well as other similar investments. The following is a summary description of principal risks (in alphabetical order) of investing in the fund. You may lose money if you invest in this fund.
  • Cash Management and Defensive Investing – Money market instruments or short-term debt securities held by the fund for cash management or defensive investing purposes can fluctuate in value. Like other fixed income securities, they are subject to risk, including market, interest rate and credit risk. If the fund holds cash uninvested, the fund will be subject to the credit risk of the depository institution holding the cash, it will not earn income on the cash and the fund’s yield will go down. To the extent that the fund’s assets are used for cash management or defensive investing purposes, it will be more difficult for the fund to achieve its objective.
  • Currency – The value of the fund’s securities denominated in foreign currencies fluctuates as the rates of exchange between those currencies and the U.S. dollar change. Currency exchange rates can be volatile and are affected by, among other factors, the general economics of a country, the actions of the U.S. and foreign governments or central banks, the imposition of currency controls, and speculation.
  • Depositary Receipts – Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries may adversely impact the value of depositary receipts because such restrictions may limit the ability to convert equity shares into depositary receipts and vice versa. Such restrictions may cause equity shares of the underlying issuer to trade at a discount or premium to the market price of the depositary receipts.
  • Emerging Markets – Investments in the securities of issuers located in or principally doing business in emerging markets are subject to foreign securities risks. These risks are greater for investments in emerging markets. Emerging market countries tend to have economic, political and legal systems that are less fully developed and are less stable than those of more advanced countries. Low trading volumes may result in a lack of liquidity and in extreme price volatility.
  • Equity Securities – Equity securities represent an ownership interest in an issuer, rank junior in a company’s capital structure and consequently may entail greater risk of loss than debt securities. Equity securities include common and preferred stocks. Stock markets are volatile. The price of equity securities fluctuates based on changes in a company’s financial condition and overall market and economic conditions. If the market prices of the equity securities owned by the fund fall, the value of your investment in the fund will decline.
  • Expenses – Your actual costs of investing in the fund may be higher than the expenses shown in this prospectus for a variety of reasons. For example, expense ratios may be higher than those shown if overall net assets decrease. Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile.
  • Focused Investing – To the extent the fund invests in one or more countries, regions, sectors or industries, or in a limited number of issuers, the fund will be more susceptible to negative events affecting those countries, regions, sectors, industries or issuers. Local events, such as political upheaval, financial troubles, or natural disasters may disrupt a country’s or region’s securities markets. Geographic risk is especially high in emerging markets.
  • Foreign Securities – Investing in foreign securities is generally riskier than investing in U.S. securities. Foreign securities are subject to a number of additional risks, including nationalization or expropriation of assets, imposition of currency controls or restrictions, confiscatory taxation, political or financial instability and other adverse economic or political developments. Lack of information and less market regulation and accounting standards also may affect the value of these securities.
  • Liquidity - Some securities held by the fund may be difficult to sell, or illiquid, particularly during times of market turmoil. Illiquid securities may also be difficult to value. If the fund is forced to sell an illiquid asset to meet redemption requests or other cash needs, the fund may be forced to sell at a loss.
  • Manager – The sub-adviser to the fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the sub-adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.
  • Market – The market prices of the fund's securities may go down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic or political conditions, inflation, changes in interest rates or currency rates, lack of liquidity in the markets or adverse investor sentiment. Adverse market conditions may be prolonged and may not have the same impact on all types of securities. Market prices of securities also may go down due to events or conditions that affect particular sectors, industries or issuers. When market prices fall, the value of your investment will go down. The fund may experience a substantial or complete loss on any individual security. The financial crisis that began in 2008 has caused a significant decline in the value and liquidity of many securities. In response to the financial crisis, the U.S. and other governments and the Federal Reserve and certain foreign central banks have taken steps to support financial markets. The withdrawal of this support could negatively affect the value and liquidity of certain securities. In addition, legislation recently enacted in the U.S. is changing many aspects of financial regulation. The impact of the legislation on the markets, and the practical implications for market participants, may not be fully known for some time.
  • New Fund – The fund is newly-formed. Investors in the fund bear the risk that the fund may not be successful in implementing its investment strategy, and may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders.
  • Portfolio Selection – The value of your investment may decrease if the sub-adviser’s judgment about the quality, relative yield, value or market trends affecting a particular security or issuer, industry, sector, region or market segment, or about the economy or interest rates is incorrect.
  • Small Capitalization Companies – The fund will be exposed to additional risks as a result of its investments in the securities of small capitalization companies. Small capitalization companies may be more at risk than larger capitalization companies because, among other things, they may have limited product lines, operating history, market or financial resources, or because they may depend on limited management groups. The prices of securities of small capitalization companies generally are more volatile than those of larger capitalization companies and are more likely to be adversely affected than larger capitalization companies by changes in earnings results and investor expectations or poor economic or market conditions. Securities of small capitalization companies may underperform larger capitalization companies, may be harder to sell at times and at prices the portfolio managers believe appropriate and may offer greater potential for losses.
  • Value Investing – The prices of securities the sub-adviser believes are undervalued may not appreciate as anticipated or may go down. Value stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors “growth” stocks.
Risk Lose Money [Text] rr_RiskLoseMoney You may lose money if you invest in this fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance:
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock No performance is shown for the fund. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors.
Class I2 | Transamerica International Small Cap Value | I2
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 0.93%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.28% [1]
Total annual fund operating expenses rr_ExpensesOverAssets 1.21%
1 year rr_ExpenseExampleYear01 123
3 years rr_ExpenseExampleYear03 384
[1] Other expenses are based on estimates for the current fiscal year.

XML 16 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
XML 17 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TRANSAMERICA FUNDS
Prospectus Date rr_ProspectusDate Jan. 04, 2013
Class A C and I | Transamerica Dividend Focused
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TRANSAMERICA DIVIDEND FOCUSED
Objective [Heading] rr_ObjectiveHeading Investment Objective:
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock Seeks total return gained from the combination of dividend yield, growth of dividends and capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses:
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Transamerica Funds. More information about these and other discounts is available from your financial professional and in the “Waivers and/or Reductions of Charges” section on page 23 of the fund’s prospectus and in the fund’s statement of additional information (SAI) under the heading “Purchase of Shares.”
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination January 4, 2014
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover:
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the fund’s performance.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Transamerica Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Other expenses are based on estimates for the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all shares at the end of those periods (unless otherwise indicated). The Example also assumes that your investment has a 5% return each year and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption If the shares are redeemed at the end of each period:
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption If the shares are not redeemed:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies:
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The fund’s sub-adviser, Barrow, Hanley, Mewhinney & Strauss, LLC (the “sub-adviser”), deploys an active strategy that seeks large and middle capitalization U.S.-listed stocks, including American Depositary Receipts (“ADRs”), which make up a portfolio that generally exhibits the following value characteristics: price/earnings and price/book ratios at or below the market (S&P 500® Index) and dividend yields at or above the market. In addition, the sub-adviser considers stocks for the fund that not only currently pay a dividend, but also have a consecutive 25-year history of paying cash dividends. The sub-adviser also seeks stocks that have long established histories of dividend increases in an effort to ensure that the growth of the dividend stream of the fund’s holdings will be greater than that of the market as a whole.

The sub-adviser utilizes a conservative orientation based on the belief that above-average returns can be achieved while taking below-average risks. The sub-adviser’s investment approach is based on an underlying philosophy that securities markets are inefficient and that these inefficiencies can be favorably exploited through adherence to a value-oriented investment process dedicated to individual stock selection on a bottom-up basis. Accordingly, the sub-adviser constructs a portfolio of individual stocks, selected on a bottom-up basis, using fundamental analysis. The sub-adviser seeks to identify companies that are undervalued and temporarily out-of-favor for reasons it can identify and understand. The sub-adviser does not attempt to time the market or rotate in and out of broad market sectors, as it believes that it is difficult, if not impossible, to add incremental value on a consistent basis by market timing.

The fund’s portfolio will generally consist of 35 to 45 stocks with position sizes of 1% to 5% (8% maximum position weighting). Annual portfolio turnover is anticipated to be less than 25%. If a stock held in the fund omits its dividend, the fund is not required to immediately sell the stock, but the fund will not purchase any stock that does not have a 25-year record of paying cash dividends.

The sub-adviser employs a fully invested strategy. Therefore, under normal market conditions, cash and cash equivalents are generally less than 5% of the fund’s assets.

Under adverse or unstable market, economic or political conditions, the fund may take temporary defensive positions in cash and short-term debt securities without limit. During periods of defensive investing, it will be more difficult for the fund to achieve its objective.
Risk [Heading] rr_RiskHeading Principal Risks:
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Risk is inherent in all investing. Many factors affect the fund's performance. There is no assurance the fund will meet its investment objective. The value of your investment in the fund, as well as the amount of return you receive on your investment, may fluctuate significantly. You may lose part or all of your investment in the fund or your investment may not perform as well as other similar investments. The following is a summary description of principal risks (in alphabetical order) of investing in the fund. You may lose money if you invest in this fund.
  • Cash Management and Defensive Investing – Money market instruments or short-term debt securities held by the fund for cash management or defensive investing purposes can fluctuate in value. Like other fixed income securities, they are subject to risk, including market, interest rate and credit risk. If the fund holds cash uninvested, the fund will be subject to the credit risk of the depository institution holding the cash, it will not earn income on the cash and the fund’s yield will go down. To the extent that the fund’s assets are used for cash management or defensive investing purposes, it will be more difficult for the fund to achieve its objective.
  • Depositary Receipts – Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries may adversely impact the value of depositary receipts because such restrictions may limit the ability to convert equity shares into depositary receipts and vice versa. Such restrictions may cause equity shares of the underlying issuer to trade at a discount or premium to the market price of the depositary receipts.
  • Equity Securities – Equity securities represent an ownership interest in an issuer, rank junior in a company’s capital structure and consequently may entail greater risk of loss than debt securities. Equity securities include common and preferred stocks. Stock markets are volatile. The price of equity securities fluctuates based on changes in a company’s financial condition and overall market and economic conditions. If the market prices of the equity securities owned by the fund fall, the value of your investment in the fund will decline.
  • Expenses – Your actual costs of investing in the fund may be higher than the expenses shown in this prospectus for a variety of reasons. For example, expense ratios may be higher than those shown if overall net assets decrease. Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile.
  • Focused Investing – To the extent the fund invests in one or more countries, regions, sectors or industries, or in a limited number of issuers, the fund will be more susceptible to negative events affecting those countries, regions, sectors, industries or issuers. Local events, such as political upheaval, financial troubles, or natural disasters may disrupt a country’s or region’s securities markets. Geographic risk is especially high in emerging markets.
  • Foreign Securities – Investing in foreign securities is generally riskier than investing in U.S. securities. Foreign securities are subject to a number of additional risks, including nationalization or expropriation of assets, imposition of currency controls or restrictions, confiscatory taxation, political or financial instability and other adverse economic or political developments. Lack of information and less market regulation and accounting standards also may affect the value of these securities.
  • Liquidity - Some securities held by the fund may be difficult to sell, or illiquid, particularly during times of market turmoil. Illiquid securities may also be difficult to value. If the fund is forced to sell an illiquid asset to meet redemption requests or other cash needs, the fund may be forced to sell at a loss.
  • Manager – The sub-adviser to the fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the sub-adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.
  • Market – The market prices of the fund's securities may go down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic or political conditions, inflation, changes in interest rates or currency rates, lack of liquidity in the markets or adverse investor sentiment. Adverse market conditions may be prolonged and may not have the same impact on all types of securities. Market prices of securities also may go down due to events or conditions that affect particular sectors, industries or issuers. When market prices fall, the value of your investment will go down. The fund may experience a substantial or complete loss on any individual security. The financial crisis that began in 2008 has caused a significant decline in the value and liquidity of many securities. In response to the financial crisis, the U.S. and other governments and the Federal Reserve and certain foreign central banks have taken steps to support financial markets. The withdrawal of this support could negatively affect the value and liquidity of certain securities. In addition, legislation recently enacted in the U.S. is changing many aspects of financial regulation. The impact of the legislation on the markets, and the practical implications for market participants, may not be fully known for some time.
  • Medium Capitalization Companies – The fund will be exposed to additional risks as a result of its investments in the securities of medium capitalization companies. Investing in medium capitalization companies involves greater risk than is customarily associated with more established companies. The prices of securities of medium capitalization companies generally are more volatile and are more likely to be adversely affected by changes in earnings results and investor expectations or poor economic or market conditions. Securities of medium capitalization companies may underperform larger capitalization companies, may be harder to sell at times and at prices the portfolio managers believe appropriate and may offer greater potential for losses.
  • New Fund – The fund is newly-formed. Investors in the fund bear the risk that the fund may not be successful in implementing its investment strategy, and may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders.
  • Portfolio Selection – The value of your investment may decrease if the sub-adviser’s judgment about the quality, relative yield, value or market trends affecting a particular security or issuer, industry, sector, region or market segment, or about the economy or interest rates is incorrect.
  • Valuation - The sales price the fund could receive for any particular portfolio investment may differ from the fund's valuation of the investment, particularly for securities that trade in thin or volatile markets or that are valued using a fair value methodology.
  • Value Investing – The prices of securities the sub-adviser believes are undervalued may not appreciate as anticipated or may go down. Value stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors “growth” stocks.
Risk Lose Money [Text] rr_RiskLoseMoney You may lose money if you invest in this fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance:
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock No performance is shown for the fund. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors.
Class A C and I | Transamerica Dividend Focused | A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.50%
Maximum deferred sales charge (load) (as a percentage of purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 0.75%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.30%
Other expenses rr_OtherExpensesOverAssets 0.20% [1]
Total annual fund operating expenses rr_ExpensesOverAssets 1.25%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.05% [2]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.20%
1 year rr_ExpenseExampleYear01 666
3 years rr_ExpenseExampleYear03 920
1 year rr_ExpenseExampleNoRedemptionYear01 666
3 years rr_ExpenseExampleNoRedemptionYear03 920
Class A C and I | Transamerica Dividend Focused | C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 1.00%
Management fees rr_ManagementFeesOverAssets 0.75%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.19% [1]
Total annual fund operating expenses rr_ExpensesOverAssets 1.94%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.04% [2]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.90%
1 year rr_ExpenseExampleYear01 293
3 years rr_ExpenseExampleYear03 605
1 year rr_ExpenseExampleNoRedemptionYear01 193
3 years rr_ExpenseExampleNoRedemptionYear03 605
Class A C and I | Transamerica Dividend Focused | I
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 0.75%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.19% [1]
Total annual fund operating expenses rr_ExpensesOverAssets 0.94%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.04% [2]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.90%
1 year rr_ExpenseExampleYear01 92
3 years rr_ExpenseExampleYear03 296
1 year rr_ExpenseExampleNoRedemptionYear01 92
3 years rr_ExpenseExampleNoRedemptionYear03 296
[1] Other expenses are based on estimates for the current fiscal year.
[2] Contractual arrangements have been made with the fund's investment adviser, Transamerica Asset Management, Inc. ("TAM"), through January 4, 2014, to waive fees and/or reimburse fund expenses to the extent that the fund's total operating expenses exceed 0.90%, excluding, as applicable, 12b-1 fees, acquired fund fees and expenses, interest, taxes, brokerage commissions, dividend and interest expenses on securities sold short, extraordinary expenses and other expenses not incurred in the ordinary course of the fund's business. TAM is entitled to reimbursement by the fund of fees waived or expenses reduced during any of the previous 36 months if on any day or month the estimated annualized fund operating expenses are less than the cap.
XML 18 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TRANSAMERICA FUNDS
Prospectus Date rr_ProspectusDate Jan. 04, 2013
Class I2 | Transamerica Dividend Focused
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TRANSAMERICA DIVIDEND FOCUSED
Objective [Heading] rr_ObjectiveHeading Investment Objective:
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock Seeks total return gained from the combination of dividend yield, growth of dividends and capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses:
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the fund.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover:
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the fund’s performance.
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Other expenses are based on estimates for the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all shares at the end of those periods (unless otherwise indicated). The Example also assumes that your investment has a 5% return each year and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies:
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The fund’s sub-adviser, Barrow, Hanley, Mewhinney & Strauss, LLC (the “sub-adviser”), deploys an active strategy that seeks large and middle capitalization U.S.-listed stocks, including American Depositary Receipts (“ADRs”), which make up a portfolio that generally exhibits the following value characteristics: price/earnings and price/book ratios at or below the market (S&P 500® Index) and dividend yields at or above the market. In addition, the sub-adviser considers stocks for the fund that not only currently pay a dividend, but also have a consecutive 25-year history of paying cash dividends. The sub-adviser also seeks stocks that have long established histories of dividend increases in an effort to ensure that the growth of the dividend stream of the fund’s holdings will be greater than that of the market as a whole.

The sub-adviser utilizes a conservative orientation based on the belief that above-average returns can be achieved while taking below-average risks. The sub-adviser’s investment approach is based on an underlying philosophy that securities markets are inefficient and that these inefficiencies can be favorably exploited through adherence to a value-oriented investment process dedicated to individual stock selection on a bottom-up basis. Accordingly, the sub-adviser constructs a portfolio of individual stocks, selected on a bottom-up basis, using fundamental analysis. The sub-adviser seeks to identify companies that are undervalued and temporarily out-of-favor for reasons it can identify and understand. The sub-adviser does not attempt to time the market or rotate in and out of broad market sectors, as it believes that it is difficult, if not impossible, to add incremental value on a consistent basis by market timing.

The fund’s portfolio will generally consist of 35 to 45 stocks with position sizes of 1% to 5% (8% maximum position weighting). Annual portfolio turnover is anticipated to be less than 25%. If a stock held in the fund omits its dividend, the fund is not required to immediately sell the stock, but the fund will not purchase any stock that does not have a 25-year record of paying cash dividends.

The sub-adviser employs a fully invested strategy. Therefore, under normal market conditions, cash and cash equivalents are generally less than 5% of the fund’s assets.

Under adverse or unstable market, economic or political conditions, the fund may take temporary defensive positions in cash and short-term debt securities without limit. During periods of defensive investing, it will be more difficult for the fund to achieve its objective.
Risk [Heading] rr_RiskHeading Principal Risks:
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Risk is inherent in all investing. Many factors affect the fund's performance. There is no assurance the fund will meet its investment objective. The value of your investment in the fund, as well as the amount of return you receive on your investment, may fluctuate significantly. You may lose part or all of your investment in the fund or your investment may not perform as well as other similar investments. The following is a summary description of principal risks (in alphabetical order) of investing in the fund. You may lose money if you invest in this fund.
  • Cash Management and Defensive Investing – Money market instruments or short-term debt securities held by the fund for cash management or defensive investing purposes can fluctuate in value. Like other fixed income securities, they are subject to risk, including market, interest rate and credit risk. If the fund holds cash uninvested, the fund will be subject to the credit risk of the depository institution holding the cash, it will not earn income on the cash and the fund’s yield will go down. To the extent that the fund’s assets are used for cash management or defensive investing purposes, it will be more difficult for the fund to achieve its objective.
  • Depositary Receipts – Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries may adversely impact the value of depositary receipts because such restrictions may limit the ability to convert equity shares into depositary receipts and vice versa. Such restrictions may cause equity shares of the underlying issuer to trade at a discount or premium to the market price of the depositary receipts.
  • Equity Securities – Equity securities represent an ownership interest in an issuer, rank junior in a company’s capital structure and consequently may entail greater risk of loss than debt securities. Equity securities include common and preferred stocks. Stock markets are volatile. The price of equity securities fluctuates based on changes in a company’s financial condition and overall market and economic conditions. If the market prices of the equity securities owned by the fund fall, the value of your investment in the fund will decline.
  • Expenses – Your actual costs of investing in the fund may be higher than the expenses shown in this prospectus for a variety of reasons. For example, expense ratios may be higher than those shown if overall net assets decrease. Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile.
  • Focused Investing – To the extent the fund invests in one or more countries, regions, sectors or industries, or in a limited number of issuers, the fund will be more susceptible to negative events affecting those countries, regions, sectors, industries or issuers. Local events, such as political upheaval, financial troubles, or natural disasters may disrupt a country’s or region’s securities markets. Geographic risk is especially high in emerging markets.
  • Foreign Securities – Investing in foreign securities is generally riskier than investing in U.S. securities. Foreign securities are subject to a number of additional risks, including nationalization or expropriation of assets, imposition of currency controls or restrictions, confiscatory taxation, political or financial instability and other adverse economic or political developments. Lack of information and less market regulation and accounting standards also may affect the value of these securities.
  • Liquidity - Some securities held by the fund may be difficult to sell, or illiquid, particularly during times of market turmoil. Illiquid securities may also be difficult to value. If the fund is forced to sell an illiquid asset to meet redemption requests or other cash needs, the fund may be forced to sell at a loss.
  • Manager – The sub-adviser to the fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the sub-adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.
  • Market – The market prices of the fund's securities may go down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic or political conditions, inflation, changes in interest rates or currency rates, lack of liquidity in the markets or adverse investor sentiment. Adverse market conditions may be prolonged and may not have the same impact on all types of securities. Market prices of securities also may go down due to events or conditions that affect particular sectors, industries or issuers. When market prices fall, the value of your investment will go down. The fund may experience a substantial or complete loss on any individual security. The financial crisis that began in 2008 has caused a significant decline in the value and liquidity of many securities. In response to the financial crisis, the U.S. and other governments and the Federal Reserve and certain foreign central banks have taken steps to support financial markets. The withdrawal of this support could negatively affect the value and liquidity of certain securities. In addition, legislation recently enacted in the U.S. is changing many aspects of financial regulation. The impact of the legislation on the markets, and the practical implications for market participants, may not be fully known for some time.
  • Medium Capitalization Companies – The fund will be exposed to additional risks as a result of its investments in the securities of medium capitalization companies. Investing in medium capitalization companies involves greater risk than is customarily associated with more established companies. The prices of securities of medium capitalization companies generally are more volatile and are more likely to be adversely affected by changes in earnings results and investor expectations or poor economic or market conditions. Securities of medium capitalization companies may underperform larger capitalization companies, may be harder to sell at times and at prices the portfolio managers believe appropriate and may offer greater potential for losses.
  • New Fund – The fund is newly-formed. Investors in the fund bear the risk that the fund may not be successful in implementing its investment strategy, and may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders.
  • Portfolio Selection – The value of your investment may decrease if the sub-adviser’s judgment about the quality, relative yield, value or market trends affecting a particular security or issuer, industry, sector, region or market segment, or about the economy or interest rates is incorrect.
  • Valuation - The sales price the fund could receive for any particular portfolio investment may differ from the fund's valuation of the investment, particularly for securities that trade in thin or volatile markets or that are valued using a fair value methodology.
  • Value Investing – The prices of securities the sub-adviser believes are undervalued may not appreciate as anticipated or may go down. Value stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors “growth” stocks.
Risk Lose Money [Text] rr_RiskLoseMoney You may lose money if you invest in this fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance:
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock No performance is shown for the fund. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors.
Class I2 | Transamerica Dividend Focused | I2
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 0.75%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.06% [1]
Total annual fund operating expenses rr_ExpensesOverAssets 0.81%
1 year rr_ExpenseExampleYear01 83
3 years rr_ExpenseExampleYear03 259
[1] Other expenses are based on estimates for the current fiscal year.
XML 19 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Document and Entity Information
12 Months Ended
Jan. 04, 2013
Risk/Return:  
Document Type 485BPOS
Document Period End Date Jan. 03, 2013
Registrant Name TRANSAMERICA FUNDS
Central Index Key 0000787623
Amendment Flag false
Document Creation Date Jan. 03, 2013
Document Effective Date Jan. 04, 2013
Prospectus Date Jan. 04, 2013
XML 20 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6
Class I2 | Transamerica International Small Cap Value
TRANSAMERICA INTERNATIONAL SMALL CAP VALUE
Investment Objective:
Seeks maximum long-term total return.
Fees and Expenses:
This table describes the fees and expenses that you may pay if you buy and hold shares of the fund.
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees
Class I2
Transamerica International Small Cap Value
I2
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) none
Maximum deferred sales charge (load) (as a percentage of purchase price or redemption proceeds, whichever is lower) none
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses
Class I2
Transamerica International Small Cap Value
I2
Management fees 0.93%
Distribution and service (12b-1) fees none
Other expenses [1] 0.28%
Total annual fund operating expenses 1.21%
[1] Other expenses are based on estimates for the current fiscal year.
Example:
This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all shares at the end of those periods (unless otherwise indicated). The Example also assumes that your investment has a 5% return each year and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example (USD $)
1 year
3 years
Class I2 Transamerica International Small Cap Value I2
123 384
Portfolio Turnover:
The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the fund’s performance.
Principal Investment Strategies:
The fund’s sub-adviser, Thompson, Siegel & Walmsley, LLC (the “sub-adviser”), invests under normal circumstances, at least 80% of the fund’s net assets (plus the amount of borrowings, if any, for investment purposes) in small-capitalization companies. The fund considers small-cap companies to be those with market capitalizations between $200 million and $5 billion at the time of investment. The fund primarily invests in equity securities of small-cap companies located outside the United States. The sub-adviser will seek stocks that it believes are undervalued. The fund expects capital growth to be the predominant component of its total return.

Generally, the fund will invest primarily in common stocks of companies listed on foreign securities exchanges, but it may also invest in depositary receipts including American Depositary Receipts (“ADRs”), Global Depositary Receipts (“GDRs”) and European Depositary Receipts (“EDRs”). Although the fund will emphasize small cap companies, it may also invest in companies of varying sizes as measured by assets, sales or market capitalization. The fund will invest primarily in securities of companies domiciled in developed markets, but may invest up to 25% of its assets in securities of companies in emerging markets. It is expected that investments will generally be diversified throughout the world and within markets in an effort to moderate specific country and currency risks.

The sub-adviser employs a relative value process utilizing a combination of quantitative and qualitative methods based on a four-factor valuation screen designed to outperform the Morgan Stanley Capital International (“MSCI”) EAFE Small Cap Index. The sub-adviser’s analysts also perform rigorous fundamental analysis. A portfolio composed of 80-100 securities is selected as a result of this process.

The sub-adviser employs a consistent sell discipline, regularly reviewing the investment thesis and valuation for each stock and selling those where the catalyst is no longer valid or where another stock presents a significantly better combination of risk and reward. The sub-adviser trims and reviews for elimination any stock that suffers a significant negative earnings revision and eliminates any stock whose market capitalization reaches twice the maximum market cap of the MSCI EAFE Small Cap Index.

Under adverse or unstable market, economic or political conditions, the fund may take temporary defensive positions in cash and short-term debt securities without limit. During periods of defensive investing, it will be more difficult for the fund to achieve its objective.
Principal Risks:
Risk is inherent in all investing. Many factors affect the fund's performance. There is no assurance the fund will meet its investment objective. The value of your investment in the fund, as well as the amount of return you receive on your investment, may fluctuate significantly. You may lose part or all of your investment in the fund or your investment may not perform as well as other similar investments. The following is a summary description of principal risks (in alphabetical order) of investing in the fund. You may lose money if you invest in this fund.
  • Cash Management and Defensive Investing – Money market instruments or short-term debt securities held by the fund for cash management or defensive investing purposes can fluctuate in value. Like other fixed income securities, they are subject to risk, including market, interest rate and credit risk. If the fund holds cash uninvested, the fund will be subject to the credit risk of the depository institution holding the cash, it will not earn income on the cash and the fund’s yield will go down. To the extent that the fund’s assets are used for cash management or defensive investing purposes, it will be more difficult for the fund to achieve its objective.
  • Currency – The value of the fund’s securities denominated in foreign currencies fluctuates as the rates of exchange between those currencies and the U.S. dollar change. Currency exchange rates can be volatile and are affected by, among other factors, the general economics of a country, the actions of the U.S. and foreign governments or central banks, the imposition of currency controls, and speculation.
  • Depositary Receipts – Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries may adversely impact the value of depositary receipts because such restrictions may limit the ability to convert equity shares into depositary receipts and vice versa. Such restrictions may cause equity shares of the underlying issuer to trade at a discount or premium to the market price of the depositary receipts.
  • Emerging Markets – Investments in the securities of issuers located in or principally doing business in emerging markets are subject to foreign securities risks. These risks are greater for investments in emerging markets. Emerging market countries tend to have economic, political and legal systems that are less fully developed and are less stable than those of more advanced countries. Low trading volumes may result in a lack of liquidity and in extreme price volatility.
  • Equity Securities – Equity securities represent an ownership interest in an issuer, rank junior in a company’s capital structure and consequently may entail greater risk of loss than debt securities. Equity securities include common and preferred stocks. Stock markets are volatile. The price of equity securities fluctuates based on changes in a company’s financial condition and overall market and economic conditions. If the market prices of the equity securities owned by the fund fall, the value of your investment in the fund will decline.
  • Expenses – Your actual costs of investing in the fund may be higher than the expenses shown in this prospectus for a variety of reasons. For example, expense ratios may be higher than those shown if overall net assets decrease. Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile.
  • Focused Investing – To the extent the fund invests in one or more countries, regions, sectors or industries, or in a limited number of issuers, the fund will be more susceptible to negative events affecting those countries, regions, sectors, industries or issuers. Local events, such as political upheaval, financial troubles, or natural disasters may disrupt a country’s or region’s securities markets. Geographic risk is especially high in emerging markets.
  • Foreign Securities – Investing in foreign securities is generally riskier than investing in U.S. securities. Foreign securities are subject to a number of additional risks, including nationalization or expropriation of assets, imposition of currency controls or restrictions, confiscatory taxation, political or financial instability and other adverse economic or political developments. Lack of information and less market regulation and accounting standards also may affect the value of these securities.
  • Liquidity - Some securities held by the fund may be difficult to sell, or illiquid, particularly during times of market turmoil. Illiquid securities may also be difficult to value. If the fund is forced to sell an illiquid asset to meet redemption requests or other cash needs, the fund may be forced to sell at a loss.
  • Manager – The sub-adviser to the fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the sub-adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.
  • Market – The market prices of the fund's securities may go down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic or political conditions, inflation, changes in interest rates or currency rates, lack of liquidity in the markets or adverse investor sentiment. Adverse market conditions may be prolonged and may not have the same impact on all types of securities. Market prices of securities also may go down due to events or conditions that affect particular sectors, industries or issuers. When market prices fall, the value of your investment will go down. The fund may experience a substantial or complete loss on any individual security. The financial crisis that began in 2008 has caused a significant decline in the value and liquidity of many securities. In response to the financial crisis, the U.S. and other governments and the Federal Reserve and certain foreign central banks have taken steps to support financial markets. The withdrawal of this support could negatively affect the value and liquidity of certain securities. In addition, legislation recently enacted in the U.S. is changing many aspects of financial regulation. The impact of the legislation on the markets, and the practical implications for market participants, may not be fully known for some time.
  • New Fund – The fund is newly-formed. Investors in the fund bear the risk that the fund may not be successful in implementing its investment strategy, and may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders.
  • Portfolio Selection – The value of your investment may decrease if the sub-adviser’s judgment about the quality, relative yield, value or market trends affecting a particular security or issuer, industry, sector, region or market segment, or about the economy or interest rates is incorrect.
  • Small Capitalization Companies – The fund will be exposed to additional risks as a result of its investments in the securities of small capitalization companies. Small capitalization companies may be more at risk than larger capitalization companies because, among other things, they may have limited product lines, operating history, market or financial resources, or because they may depend on limited management groups. The prices of securities of small capitalization companies generally are more volatile than those of larger capitalization companies and are more likely to be adversely affected than larger capitalization companies by changes in earnings results and investor expectations or poor economic or market conditions. Securities of small capitalization companies may underperform larger capitalization companies, may be harder to sell at times and at prices the portfolio managers believe appropriate and may offer greater potential for losses.
  • Value Investing – The prices of securities the sub-adviser believes are undervalued may not appreciate as anticipated or may go down. Value stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors “growth” stocks.
Performance:
No performance is shown for the fund. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors.
XML 21 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TRANSAMERICA FUNDS
Prospectus Date rr_ProspectusDate Jan. 04, 2013
Class I | Transamerica International Small Cap Value
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading TRANSAMERICA INTERNATIONAL SMALL CAP VALUE
Objective [Heading] rr_ObjectiveHeading Investment Objective:
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock Seeks maximum long-term total return.
Expense [Heading] rr_ExpenseHeading Fees and Expenses:
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the fund.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination January 4, 2014
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover:
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the fund’s performance.
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Other expenses are based on estimates for the current fiscal year.
Expense Example [Heading] rr_ExpenseExampleHeading Example:
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all shares at the end of those periods (unless otherwise indicated). The Example also assumes that your investment has a 5% return each year and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies:
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The fund’s sub-adviser, Thompson, Siegel & Walmsley, LLC (the “sub-adviser”), invests under normal circumstances, at least 80% of the fund’s net assets (plus the amount of borrowings, if any, for investment purposes) in small-capitalization companies. The fund considers small-cap companies to be those with market capitalizations between $200 million and $5 billion at the time of investment. The fund primarily invests in equity securities of small-cap companies located outside the United States. The sub-adviser will seek stocks that it believes are undervalued. The fund expects capital growth to be the predominant component of its total return.

Generally, the fund will invest primarily in common stocks of companies listed on foreign securities exchanges, but it may also invest in depositary receipts including American Depositary Receipts (“ADRs”), Global Depositary Receipts (“GDRs”) and European Depositary Receipts (“EDRs”). Although the fund will emphasize small cap companies, it may also invest in companies of varying sizes as measured by assets, sales or market capitalization. The fund will invest primarily in securities of companies domiciled in developed markets, but may invest up to 25% of its assets in securities of companies in emerging markets. It is expected that investments will generally be diversified throughout the world and within markets in an effort to moderate specific country and currency risks.

The sub-adviser employs a relative value process utilizing a combination of quantitative and qualitative methods based on a four-factor valuation screen designed to outperform the Morgan Stanley Capital International (“MSCI”) EAFE Small Cap Index. The sub-adviser’s analysts also perform rigorous fundamental analysis. A portfolio composed of 80-100 securities is selected as a result of this process.

The sub-adviser employs a consistent sell discipline, regularly reviewing the investment thesis and valuation for each stock and selling those where the catalyst is no longer valid or where another stock presents a significantly better combination of risk and reward. The sub-adviser trims and reviews for elimination any stock that suffers a significant negative earnings revision and eliminates any stock whose market capitalization reaches twice the maximum market cap of the MSCI EAFE Small Cap Index.

Under adverse or unstable market, economic or political conditions, the fund may take temporary defensive positions in cash and short-term debt securities without limit. During periods of defensive investing, it will be more difficult for the fund to achieve its objective.
Risk [Heading] rr_RiskHeading Principal Risks:
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock Risk is inherent in all investing. Many factors affect the fund's performance. There is no assurance the fund will meet its investment objective. The value of your investment in the fund, as well as the amount of return you receive on your investment, may fluctuate significantly. You may lose part or all of your investment in the fund or your investment may not perform as well as other similar investments. The following is a summary description of principal risks (in alphabetical order) of investing in the fund. You may lose money if you invest in this fund.
  • Cash Management and Defensive Investing – Money market instruments or short-term debt securities held by the fund for cash management or defensive investing purposes can fluctuate in value. Like other fixed income securities, they are subject to risk, including market, interest rate and credit risk. If the fund holds cash uninvested, the fund will be subject to the credit risk of the depository institution holding the cash, it will not earn income on the cash and the fund’s yield will go down. To the extent that the fund’s assets are used for cash management or defensive investing purposes, it will be more difficult for the fund to achieve its objective.
  • Currency – The value of the fund’s securities denominated in foreign currencies fluctuates as the rates of exchange between those currencies and the U.S. dollar change. Currency exchange rates can be volatile and are affected by, among other factors, the general economics of a country, the actions of the U.S. and foreign governments or central banks, the imposition of currency controls, and speculation.
  • Depositary Receipts – Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries may adversely impact the value of depositary receipts because such restrictions may limit the ability to convert equity shares into depositary receipts and vice versa. Such restrictions may cause equity shares of the underlying issuer to trade at a discount or premium to the market price of the depositary receipts.
  • Emerging Markets – Investments in the securities of issuers located in or principally doing business in emerging markets are subject to foreign securities risks. These risks are greater for investments in emerging markets. Emerging market countries tend to have economic, political and legal systems that are less fully developed and are less stable than those of more advanced countries. Low trading volumes may result in a lack of liquidity and in extreme price volatility.
  • Equity Securities – Equity securities represent an ownership interest in an issuer, rank junior in a company’s capital structure and consequently may entail greater risk of loss than debt securities. Equity securities include common and preferred stocks. Stock markets are volatile. The price of equity securities fluctuates based on changes in a company’s financial condition and overall market and economic conditions. If the market prices of the equity securities owned by the fund fall, the value of your investment in the fund will decline.
  • Expenses – Your actual costs of investing in the fund may be higher than the expenses shown in this prospectus for a variety of reasons. For example, expense ratios may be higher than those shown if overall net assets decrease. Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile.
  • Focused Investing – To the extent the fund invests in one or more countries, regions, sectors or industries, or in a limited number of issuers, the fund will be more susceptible to negative events affecting those countries, regions, sectors, industries or issuers. Local events, such as political upheaval, financial troubles, or natural disasters may disrupt a country’s or region’s securities markets. Geographic risk is especially high in emerging markets.
  • Foreign Securities – Investing in foreign securities is generally riskier than investing in U.S. securities. Foreign securities are subject to a number of additional risks, including nationalization or expropriation of assets, imposition of currency controls or restrictions, confiscatory taxation, political or financial instability and other adverse economic or political developments. Lack of information and less market regulation and accounting standards also may affect the value of these securities.
  • Liquidity - Some securities held by the fund may be difficult to sell, or illiquid, particularly during times of market turmoil. Illiquid securities may also be difficult to value. If the fund is forced to sell an illiquid asset to meet redemption requests or other cash needs, the fund may be forced to sell at a loss.
  • Manager – The sub-adviser to the fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the sub-adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.
  • Market – The market prices of the fund's securities may go down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic or political conditions, inflation, changes in interest rates or currency rates, lack of liquidity in the markets or adverse investor sentiment. Adverse market conditions may be prolonged and may not have the same impact on all types of securities. Market prices of securities also may go down due to events or conditions that affect particular sectors, industries or issuers. When market prices fall, the value of your investment will go down. The fund may experience a substantial or complete loss on any individual security. The financial crisis that began in 2008 has caused a significant decline in the value and liquidity of many securities. In response to the financial crisis, the U.S. and other governments and the Federal Reserve and certain foreign central banks have taken steps to support financial markets. The withdrawal of this support could negatively affect the value and liquidity of certain securities. In addition, legislation recently enacted in the U.S. is changing many aspects of financial regulation. The impact of the legislation on the markets, and the practical implications for market participants, may not be fully known for some time.
  • New Fund – The fund is newly-formed. Investors in the fund bear the risk that the fund may not be successful in implementing its investment strategy, and may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders.
  • Portfolio Selection – The value of your investment may decrease if the sub-adviser’s judgment about the quality, relative yield, value or market trends affecting a particular security or issuer, industry, sector, region or market segment, or about the economy or interest rates is incorrect.
  • Small Capitalization Companies – The fund will be exposed to additional risks as a result of its investments in the securities of small capitalization companies. Small capitalization companies may be more at risk than larger capitalization companies because, among other things, they may have limited product lines, operating history, market or financial resources, or because they may depend on limited management groups. The prices of securities of small capitalization companies generally are more volatile than those of larger capitalization companies and are more likely to be adversely affected than larger capitalization companies by changes in earnings results and investor expectations or poor economic or market conditions. Securities of small capitalization companies may underperform larger capitalization companies, may be harder to sell at times and at prices the portfolio managers believe appropriate and may offer greater potential for losses.
  • Value Investing – The prices of securities the sub-adviser believes are undervalued may not appreciate as anticipated or may go down. Value stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors “growth” stocks.
Risk Lose Money [Text] rr_RiskLoseMoney You may lose money if you invest in this fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance:
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock No performance is shown for the fund. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors.
Class I | Transamerica International Small Cap Value | I
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 0.93%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.39% [1]
Total annual fund operating expenses rr_ExpensesOverAssets 1.32%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.10% [2]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.22%
1 year rr_ExpenseExampleYear01 124
3 years rr_ExpenseExampleYear03 408
[1] Other expenses are based on estimates for the current fiscal year.
[2] Contractual arrangements have been made with the fund's investment adviser, Transamerica Asset Management, Inc. ("TAM"), through January 4, 2014, to waive fees and/or reimburse fund expenses to the extent that the fund's total operating expenses exceed 1.22%, excluding, as applicable, 12b-1 fees, acquired fund fees and expenses, interest, taxes, brokerage commissions, dividend and interest expenses on securities sold short, extraordinary expenses and other expenses not incurred in the ordinary course of the fund's business. TAM is entitled to reimbursement by the fund of fees waived or expenses reduced during any of the previous 36 months if on any day or month the estimated annualized fund operating expenses are less than the cap.
XML 22 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName TRANSAMERICA FUNDS
Prospectus Date rr_ProspectusDate Jan. 04, 2013
Document Creation Date dei_DocumentCreationDate Jan. 03, 2013
XML 23 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
Class I2 | Transamerica Dividend Focused
TRANSAMERICA DIVIDEND FOCUSED
Investment Objective:
Seeks total return gained from the combination of dividend yield, growth of dividends and capital appreciation.
Fees and Expenses:
This table describes the fees and expenses that you may pay if you buy and hold shares of the fund.
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees
Class I2
Transamerica Dividend Focused
I2
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) none
Maximum deferred sales charge (load) (as a percentage of purchase price or redemption proceeds, whichever is lower) none
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses
Class I2
Transamerica Dividend Focused
I2
Management fees 0.75%
Distribution and service (12b-1) fees none
Other expenses [1] 0.06%
Total annual fund operating expenses 0.81%
[1] Other expenses are based on estimates for the current fiscal year.
Example:
This Example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all shares at the end of those periods (unless otherwise indicated). The Example also assumes that your investment has a 5% return each year and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example (USD $)
1 year
3 years
Class I2 Transamerica Dividend Focused I2
83 259
Portfolio Turnover:
The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the fund’s performance.
Principal Investment Strategies:
The fund’s sub-adviser, Barrow, Hanley, Mewhinney & Strauss, LLC (the “sub-adviser”), deploys an active strategy that seeks large and middle capitalization U.S.-listed stocks, including American Depositary Receipts (“ADRs”), which make up a portfolio that generally exhibits the following value characteristics: price/earnings and price/book ratios at or below the market (S&P 500® Index) and dividend yields at or above the market. In addition, the sub-adviser considers stocks for the fund that not only currently pay a dividend, but also have a consecutive 25-year history of paying cash dividends. The sub-adviser also seeks stocks that have long established histories of dividend increases in an effort to ensure that the growth of the dividend stream of the fund’s holdings will be greater than that of the market as a whole.

The sub-adviser utilizes a conservative orientation based on the belief that above-average returns can be achieved while taking below-average risks. The sub-adviser’s investment approach is based on an underlying philosophy that securities markets are inefficient and that these inefficiencies can be favorably exploited through adherence to a value-oriented investment process dedicated to individual stock selection on a bottom-up basis. Accordingly, the sub-adviser constructs a portfolio of individual stocks, selected on a bottom-up basis, using fundamental analysis. The sub-adviser seeks to identify companies that are undervalued and temporarily out-of-favor for reasons it can identify and understand. The sub-adviser does not attempt to time the market or rotate in and out of broad market sectors, as it believes that it is difficult, if not impossible, to add incremental value on a consistent basis by market timing.

The fund’s portfolio will generally consist of 35 to 45 stocks with position sizes of 1% to 5% (8% maximum position weighting). Annual portfolio turnover is anticipated to be less than 25%. If a stock held in the fund omits its dividend, the fund is not required to immediately sell the stock, but the fund will not purchase any stock that does not have a 25-year record of paying cash dividends.

The sub-adviser employs a fully invested strategy. Therefore, under normal market conditions, cash and cash equivalents are generally less than 5% of the fund’s assets.

Under adverse or unstable market, economic or political conditions, the fund may take temporary defensive positions in cash and short-term debt securities without limit. During periods of defensive investing, it will be more difficult for the fund to achieve its objective.
Principal Risks:
Risk is inherent in all investing. Many factors affect the fund's performance. There is no assurance the fund will meet its investment objective. The value of your investment in the fund, as well as the amount of return you receive on your investment, may fluctuate significantly. You may lose part or all of your investment in the fund or your investment may not perform as well as other similar investments. The following is a summary description of principal risks (in alphabetical order) of investing in the fund. You may lose money if you invest in this fund.
  • Cash Management and Defensive Investing – Money market instruments or short-term debt securities held by the fund for cash management or defensive investing purposes can fluctuate in value. Like other fixed income securities, they are subject to risk, including market, interest rate and credit risk. If the fund holds cash uninvested, the fund will be subject to the credit risk of the depository institution holding the cash, it will not earn income on the cash and the fund’s yield will go down. To the extent that the fund’s assets are used for cash management or defensive investing purposes, it will be more difficult for the fund to achieve its objective.
  • Depositary Receipts – Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries may adversely impact the value of depositary receipts because such restrictions may limit the ability to convert equity shares into depositary receipts and vice versa. Such restrictions may cause equity shares of the underlying issuer to trade at a discount or premium to the market price of the depositary receipts.
  • Equity Securities – Equity securities represent an ownership interest in an issuer, rank junior in a company’s capital structure and consequently may entail greater risk of loss than debt securities. Equity securities include common and preferred stocks. Stock markets are volatile. The price of equity securities fluctuates based on changes in a company’s financial condition and overall market and economic conditions. If the market prices of the equity securities owned by the fund fall, the value of your investment in the fund will decline.
  • Expenses – Your actual costs of investing in the fund may be higher than the expenses shown in this prospectus for a variety of reasons. For example, expense ratios may be higher than those shown if overall net assets decrease. Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile.
  • Focused Investing – To the extent the fund invests in one or more countries, regions, sectors or industries, or in a limited number of issuers, the fund will be more susceptible to negative events affecting those countries, regions, sectors, industries or issuers. Local events, such as political upheaval, financial troubles, or natural disasters may disrupt a country’s or region’s securities markets. Geographic risk is especially high in emerging markets.
  • Foreign Securities – Investing in foreign securities is generally riskier than investing in U.S. securities. Foreign securities are subject to a number of additional risks, including nationalization or expropriation of assets, imposition of currency controls or restrictions, confiscatory taxation, political or financial instability and other adverse economic or political developments. Lack of information and less market regulation and accounting standards also may affect the value of these securities.
  • Liquidity - Some securities held by the fund may be difficult to sell, or illiquid, particularly during times of market turmoil. Illiquid securities may also be difficult to value. If the fund is forced to sell an illiquid asset to meet redemption requests or other cash needs, the fund may be forced to sell at a loss.
  • Manager – The sub-adviser to the fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the sub-adviser in this process may not produce the desired results. This could cause the fund to lose value or its results to lag relevant benchmarks or other funds with similar objectives.
  • Market – The market prices of the fund's securities may go down, sometimes rapidly or unpredictably, due to general market conditions, such as real or perceived adverse economic or political conditions, inflation, changes in interest rates or currency rates, lack of liquidity in the markets or adverse investor sentiment. Adverse market conditions may be prolonged and may not have the same impact on all types of securities. Market prices of securities also may go down due to events or conditions that affect particular sectors, industries or issuers. When market prices fall, the value of your investment will go down. The fund may experience a substantial or complete loss on any individual security. The financial crisis that began in 2008 has caused a significant decline in the value and liquidity of many securities. In response to the financial crisis, the U.S. and other governments and the Federal Reserve and certain foreign central banks have taken steps to support financial markets. The withdrawal of this support could negatively affect the value and liquidity of certain securities. In addition, legislation recently enacted in the U.S. is changing many aspects of financial regulation. The impact of the legislation on the markets, and the practical implications for market participants, may not be fully known for some time.
  • Medium Capitalization Companies – The fund will be exposed to additional risks as a result of its investments in the securities of medium capitalization companies. Investing in medium capitalization companies involves greater risk than is customarily associated with more established companies. The prices of securities of medium capitalization companies generally are more volatile and are more likely to be adversely affected by changes in earnings results and investor expectations or poor economic or market conditions. Securities of medium capitalization companies may underperform larger capitalization companies, may be harder to sell at times and at prices the portfolio managers believe appropriate and may offer greater potential for losses.
  • New Fund – The fund is newly-formed. Investors in the fund bear the risk that the fund may not be successful in implementing its investment strategy, and may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders.
  • Portfolio Selection – The value of your investment may decrease if the sub-adviser’s judgment about the quality, relative yield, value or market trends affecting a particular security or issuer, industry, sector, region or market segment, or about the economy or interest rates is incorrect.
  • Valuation - The sales price the fund could receive for any particular portfolio investment may differ from the fund's valuation of the investment, particularly for securities that trade in thin or volatile markets or that are valued using a fair value methodology.
  • Value Investing – The prices of securities the sub-adviser believes are undervalued may not appreciate as anticipated or may go down. Value stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors “growth” stocks.
Performance:
No performance is shown for the fund. Performance information will appear in a future version of this prospectus once the fund has a full calendar year of performance information to report to investors.
XML 24 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 11 49 1 true 11 0 false 2 false false R1.htm 000000 - Document - Document and Entity Information Sheet http://www.transamericafunds.com/role/DocumentDocumentandEntityInformation Document and Entity Information false true R2.htm 000011 - Document - Risk/Return Summary {Unlabeled} - Transamerica Dividend Focused Class A C and I Sheet http://www.transamericafunds.com/role/DocumentRiskReturnSummaryUnlabeledTransamericaDividendFocusedClassACandI Risk/Return Summary - Transamerica Dividend Focused Class A C and I false false R7.htm 000019 - Disclosure - Risk/Return Detail Data {Elements} - Transamerica Dividend Focused Class A C and I Sheet http://www.transamericafunds.com/role/DisclosureRiskReturnDetailDataElementsTransamericaDividendFocusedClassACandI Risk/Return Detail Data - Transamerica Dividend Focused Class A C and I false true R8.htm 000021 - Document - Risk/Return Summary {Unlabeled} - Transamerica International Small Cap Value Class I Sheet http://www.transamericafunds.com/role/DocumentRiskReturnSummaryUnlabeledTransamericaInternationalSmallCapValueClassI Risk/Return Summary - Transamerica International Small Cap Value Class I false false R12.htm 000029 - Disclosure - Risk/Return Detail Data {Elements} - Transamerica International Small Cap Value Class I Sheet http://www.transamericafunds.com/role/DisclosureRiskReturnDetailDataElementsTransamericaInternationalSmallCapValueClassI Risk/Return Detail Data - Transamerica International Small Cap Value Class I false true R13.htm 000031 - Document - Risk/Return Summary {Unlabeled} - Transamerica Dividend Focused Class I2 Sheet http://www.transamericafunds.com/role/DocumentRiskReturnSummaryUnlabeledTransamericaDividendFocusedClassI2 Risk/Return Summary - Transamerica Dividend Focused Class I2 false false R17.htm 000039 - Disclosure - Risk/Return Detail Data {Elements} - Transamerica Dividend Focused Class I2 Sheet http://www.transamericafunds.com/role/DisclosureRiskReturnDetailDataElementsTransamericaDividendFocusedClassI2 Risk/Return Detail Data - Transamerica Dividend Focused Class I2 false true R18.htm 000041 - Document - Risk/Return Summary {Unlabeled} - Transamerica International Small Cap Value Class I2 Sheet http://www.transamericafunds.com/role/DocumentRiskReturnSummaryUnlabeledTransamericaInternationalSmallCapValueClassI2 Risk/Return Summary - Transamerica International Small Cap Value Class I2 false false R22.htm 000049 - Disclosure - Risk/Return Detail Data {Elements} - Transamerica International Small Cap Value Class I2 Sheet http://www.transamericafunds.com/role/DisclosureRiskReturnDetailDataElementsTransamericaInternationalSmallCapValueClassI2 Risk/Return Detail Data - Transamerica International Small Cap Value Class I2 false false R23.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data true false All Reports Book All Reports tf1-20130103.xml tf1-20130103.xsd tf1-20130103_cal.xml tf1-20130103_def.xml tf1-20130103_lab.xml tf1-20130103_pre.xml true true