Current quarter returns subject to performance examination. Performance represents the dollar weighted results of all accounts with
substantially similar investment objectives, policies, strategies and risks present for the entire quarter managed by Transamerica
Investment Management, LLC.
Non-performance material such as, but not limited to, portfolio level fundamentals are deemed supplemental and complements
the performance disclosure below which is an integral part of this presentation.
SMALL/MID VALUE (COMMISSION) COMPOSITE
contains fully discretionary small/mid value equity commission accounts. For comparison purposes, the composite is measured against the Russell 2500 Value Index. The minimum account size for this composite is $100 thousand.
Transamerica Investment Management, LLC has prepared and presented this report in compliance with the Global Investment Performance Standards (GIPS®).
Transamerica Investment Management, LLC is an SEC-registered investment adviser, which commenced operations as of January 1, 2000. Transamerica Investment Management, LLC is controlled by Transamerica Investment Services, Inc., which became part of the AEGON Group of companies in July 1999.
Results are based on fully discretionary accounts under management, including those accounts no longer with the firm. Prior to January 1, 2005, composite policy required the temporary removal of any portfolio incurring a client initiated significant cash inflow or outflow of at least 25% of portfolio assets. The temporary removal of such an account started at the beginning of the month in which the significant cash flow occurred and the account re-entered the composite the first full month after the cash flow. Prior to January 1, 2003, an external cash flow of at least 10% of the portfolio assets would trigger a removal. Additional information regarding the treatment of significant cash flows is available upon request. The U.S. Dollar is the currency used to express performance. Returns are presented gross and net of management fees and include the reinvestment of all income. Net of fee performance was calculated using the highest management fee of 1.00% applied monthly. The annual composite dispersion measure presented is an asset-weighted standard deviation calculated for the accounts in the composite the entire year. Additional information regarding policies for calculating and reporting returns is available upon request. Past performance is not indicative of future results and individual account performance may vary.
The Small/Mid Value (Commission) Composite was
created September 2001. Performance presented prior to September 2001 occurred
while the portfolio manager was affiliated with a prior firm and the portfolio
manager was the only individual responsible for selecting the securities to buy
and sell. Transamerica Investment Management, LLC has been verified firmwide for
the periods January 1, 2000 through December 31, 2007 by Ashland Partners &
Company LLP. In addition, a performance examination was conducted on the
Small/Mid Value (Commission) Composite beginning January 1, 2000. A copy of the
verification report is available upon request.
The investment advisory fees for Institutional accounts in the Small/Mid Value Composite (Commission) are as follows:
| First $25 million |
1.00% |
| Next $25million |
0.90% |
| Next $50 million |
0.85% |
| Remaining assets |
0.80% |
| *Fees may be negotiated, depending on various factors, which may include
the services required by the client and the size of the account. |
The investment advisory fees for Non-Institutional accounts in the Small/Mid Value Composite (Commission) are as follows:
| First $500 thousand |
0.65% |
| Next $500 thousand |
0.60% |
| Next $1 million |
0.55% |
| Remaining assets |
0.50% |
| *Fees may be negotiated, depending on various factors, which may include
the services required by the client and the size of the account. |