EX-99.D.25.II 3 d428697dex99d25ii.htm EXHIBIT (D)(25)(II) EXHIBIT (d)(25)(ii)

Exhibit (d)(25)(ii)

TRANSAMERICA FUNDS

AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN

TRANSAMERICA ASSET MANAGEMENT, INC. AND

AEGON USA INVESTMENT MANAGEMENT, LLC

THIS AMENDMENT is made as of October 31, 2012, to the Sub-Advisory Agreement dated as of March 22, 2011 (the “Agreement”) between Transamerica Asset Management, Inc. and AEGON USA Investment Management, LLC.

In consideration of the mutual covenants contained herein, the parties agree as follows:

 

  1. Schedule A. Schedule A to the Agreement is hereby deleted entirely and replaced as follows:

 

 

FUNDS

 

   

 

SUB-ADVISER COMPENSATION*

 

Transamerica Flexible Income

   

0.175% of the first $250 million;

0.125% over $250 million up to $350 million;

0.0875% over $350 million, less 50% of any amount reimbursed pursuant to the Fund’s expense limitation

   

Transamerica Money Market

    0.15% of average daily net assets

Transamerica Short-Term Bond

   

0.25% of the first $250 million;

0.20% over $250 million up to $500 million;

0.175% over $500 million up to $1 billion; and

0.15% over $1 billion

Transamerica Tactical Allocation

   

0.10% of the first $250 million;

0.09% over $250 million up to $500 million;

0.08% over $500 million up to $1.5 billion;

0.07% over $1.5 billion up to $2.5 billion; and

0.06% over $2.5 billion**

Transamerica Tactical Income

   

0.07% of the first $250 million;

0.06% over $250 million up to $500 million;

0.05% over $500 million up to $1.5 billion;

0.04% over $1.5 billion up to $2.5 billion; and

0.03% over $2.5 billion

Transamerica Tactical Rotation

   

0.10% of the first $250 million;

0.09% over $250 million up to $500 million;

0.08% over $500 million up to $1.5 billion;

0.07% over $1.5 billion up to $2.5 billion; and

0.06% over $2.5 billion**

 

* As a percentage of average daily net assets on an annual basis.
** The average daily net assets for the purpose of calculating sub-advisory fees will be determined on a combined basis with Transamerica Tactical Allocation and Transamerica Tactical Rotation.

In all other respects, the Agreement dated as of March 22, 2011 is confirmed and remains in full force and effect.

The parties hereto have caused this amendment to be executed as of October 31, 2012.

 

 

TRANSAMERICA ASSET MANAGEMENT, INC.

  
  By:   /s/ Christopher A. Staples  
  Name:   Christopher A. Staples  
  Title:   Senior Vice President  
 

AEGON USA INVESTMENT MANAGEMENT, LLC

  
  By:   /s/ Stephanie M. Phelps  
  Name:   Stephanie M. Phelps  
  Title:   Senior Vice President, Chief Financial Officer