Important changes to your Transamerica Segregated Fund Contract
We regularly review the investment offerings in our segregated funds. As a result of our most recent review, we have made changes to the GROWSafe and GROWSafe2 segregated funds that will result in a streamlined and more focused investment offering. These changes will occur on May 10th, 2013 and are as follows:
- Fund name change for the Canadian Short-Term Bond Fund; the new name will be Transamerica Canadian Short Term Bond GIF-GS/GS2 .
- The termination of funds and the automatic reallocation of assets to new funds. The new funds are a class of certain segregated funds currently available in our Transamerica Guaranteed Investment Funds (TGIF).
How will you be informed?
You will have received a letter from Transamerica, in March, advising you of changes to the investment offerings within your segregated fund contracts. You also received details of the changes that impacted your contract and information about your options and key dates.
Below are samples of the communications:
New Fund Facts
We encourage you to read the Fund Facts for each of the new funds. Fund Facts for the new funds available now. They include important information, such as the name of the portfolio manager, fee information, the risk level of each fund and other important considerations.
View the
new fund lineup (IP1478) of Transamerica Life Canada’s segregated funds and the investment objectives of the funds.
We encourage you to discuss these changes with your advisor to help you achieve your long-term financial goals.