TRANSAMERICA IDEX MUTUAL FUNDS

               TA IDEX Multi-Manager Alternative Strategies Fund

   Supplement dated April 26, 2007 to the Prospectus dated December 27, 2006



The following supplements, amends and replaces the information on page 21 of the
Prospectus under the section "Underwriting Agreement":


Effective May 1, 2007, Transamerica Capital, Inc. ("TCI"), located at 4600 South
Syracuse Street, Suite 1100, Denver, CO 80237, will replace AFSG Securities
Corporation ("AFSG") as the principal underwriter and distributor of the shares
of the fund.  TCI is an affiliate of Transamerica Fund Advisors, Inc.,
Transamerica Investment Management, LLC and AFSG.

All references therein to AFSG are hereby revised to be TCI.



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Investors Should Retain This Supplement for Future Use