Transamerica Asset Management, Inc. announced several enhancements to its fund offerings, including the addition of new retail mutual funds. On March 1, the company will introduce retail classes of Transamerica International Bond.
Initially opened as an institutional share class in December 2005, Transamerica International Bond seeks to obtain high total return by investing in high-quality, non-dollar denominated government and corporate debt securities of foreign issuers. With historically strong Lipper rankings and rated above average by Morningstar for overall returns, Transamerica International Bond is a natural fit into the Transamerica retail line-up. Transamerica International Bond is sub-advised by JP Morgan Investment Management, Inc. and will be available in Class A (TABAX), Class C (TABCX) and Class I (TABIX) shares.