TRANSAMERICA FUNDS
Supplement to the Currently Effective Prospectus, Summary Prospectus and Statement of Additional Information
Transamerica Stock Index
* * *
Effective June 30, 2025, the following will replace the corresponding information in the Prospectus and Summary Prospectus for Transamerica Stock Index relating to BlackRock Fund Advisors under the section entitled “Management”:
| Management: Investment Manager: Transamerica Asset Management, Inc. Investment Adviser of S&P 500 Index Master Portfolio: BlackRock Fund Advisors Portfolio Managers of S&P 500 Index Master Portfolio: | ||||
| Jennifer Hsui, CFA |
Portfolio Manager |
since May 2016 | ||
| Peter Sietsema, CFA |
Portfolio Manager |
since May 2025 | ||
| Matt Waldron, CFA |
Portfolio Manager |
since May 2025 | ||
| Steven White |
Portfolio Manager |
since May 2025 | ||
Effective June 30, 2025, the following will replace the corresponding information in the Prospectus for Transamerica Stock Index under the section entitled “Shareholder Information – Portfolio Managers for the Underlying Portfolio”:
| Name | Adviser | Positions Over Past Five Years | ||
| Jennifer Hsui, CFA | BlackRock Fund Advisors | Portfolio Manager of the Underlying Portfolio since 2016; Managing Director of BlackRock, Inc. since 2011 | ||
| Peter Sietsema, CFA | BlackRock Fund Advisors | Portfolio Manager of the Underlying Portfolio since 2025; Director of BlackRock, Inc. since 2013 | ||
| Matt Waldron, CFA | BlackRock Fund Advisors | Portfolio Manager of the Underlying Portfolio since 2025; Managing Director of BlackRock, Inc. since 2024; Director of BlackRock, Inc. from 2010 to 2024 | ||
| Steven White | BlackRock Fund Advisors | Portfolio Manager of the Underlying Portfolio since 2025; Director of BlackRock, Inc. since 2020 |
* * *
Effective June 30, 2025, the following will replace the corresponding information in the Statement of Additional Information under the section in “Appendix C – Portfolio Managers – BlackRock Fund Advisors (“BlackRock”)”:
| Registered Investment Companies |
Other Pooled Investment Vehicles |
Other Accounts | ||||||||||
| Portfolio Manager | Number | Assets Managed |
Number | Assets Managed |
Number | Assets Managed | ||||||
| Jennifer Hsui, CFA |
354 | $2.56 trillion | 0 | $0 | 0 | $0 | ||||||
| Peter Sietsema, CFA |
70 | $162.3 billion | 3 | $62.57 million | 2 | $4.02 billion | ||||||
| Matt Waldron, CFA |
0 | $0 | 0 | $0 | 0 | $0 | ||||||
| Steven White |
0 | $0 | 0 | $0 | 0 | $0 | ||||||
|
Fee Based Accounts (The
number of accounts and the total assets in the accounts managed by each portfolio manager with respect to which the | ||||||||||||
| Jennifer Hsui, CFA |
0 | $0 | 0 | $0 | 0 | $0 | ||||||
| Peter Sietsema, CFA |
0 | $0 | 0 | $0 | 0 | $0 | ||||||
| Matt Waldron, CFA |
0 | $0 | 0 | $0 | 0 | $0 | ||||||
| Steven White |
0 | $0 | 0 | $0 | 0 | $0 | ||||||
***
Investors Should Retain this Supplement for Future Reference
May 27, 2025