Transamerica IDEX Mutual Funds Introduces Short-Term Bond Fund

Business Wire, Nov 1, 2007

DENVER -- Transamerica IDEX Mutual Funds today announced the offering of TA IDEX Transamerica Short-Term Bond in class A and C shares. The fund can add support to a portfolio's core with steady income and minimal volatility due to its low interest rate exposure.

"TA IDEX Transamerica Short-Term Bond represents an exciting addition to our well-established fund family," said Mike Petko, Executive Vice President, National Sales Manager for Mutual Funds at Transamerica Capital, Inc., the fund's distributor. "We look forward to offering another attractive, long-term solution to help investors support their portfolio during times of stock or bond market volatility."

Short-term bonds are commonly used to help diversify portfolios by adding a steady source of interest income and returns with minimal volatility, and are considered a necessary portion of core bond holdings. TA IDEX Transamerica Short-Term Bond represents a new solution for a portfolio's short-term bond allocation.

Transamerica Investment Management, LLC (TIM), serves as the fund's sub-adviser, investing in a diversified selection of 75-125 short-duration, high-quality obligations. The portfolio is lead-managed with two co-managers, who are supported by more than 10 credit analysts and 20 investment professionals at TIM. The team's investment approach and expertise focus on companies with sustainable business models, organic growth, and a prudent debt/capital structure.

Financial professionals interested in the fund should contact their Transamerica IDEX wholesaling team or call the sales desk at 1-800-851-7555. Investors should contact their financial professionals to learn more.

About Transamerica IDEX Mutual Funds

Transamerica IDEX Mutual Funds has provided multi-manager fund solutions to financial professionals and their clients since 1985. The fund company uses outside firms, as well as affiliated firms, as sub-advisers in the management of its funds. Transamerica IDEX has more than $11 billion in assets under management and is headquartered in St. Petersburg, Florida.

About Transamerica Capital, Inc.

Transamerica Capital, Inc., an AEGON company, is a wholesaling broker/dealer for variable annuities, fixed annuities, life insurance and mutual funds. The company partners with financial professionals at wirehouse, regional, independent and bank firms to provide solutions for clients' financial needs. Transamerica Capital, Inc. is headquartered in Denver.

About Transamerica Investment Management, LLC

Transamerica Investment Management, LLC (TIM), an AEGON company, is a leading asset management firm serving both retail and institutional clients. Its predecessor firm, Transamerica Investment Services, Inc., started in 1967 and TIM was formed in 1999. TIM's investment strategies include growth and value equity, fixed income, balanced and convertible securities. As of 6/30/07, TIM managed $23.2 billion in equity and fixed-income assets in mutual funds, funds of funds, retirement plans, separately managed accounts, institutional accounts, pension funds and variable insurance accounts.

About AEGON

AEGON is one of the world's leading life insurance and pension groups, and a strong provider of investment products. AEGON empowers local business units to identify and provide products and services that meet the evolving needs of customers, using distribution channels best suited to local markets. AEGON takes pride in balancing a local approach with the power of an expanding global operation.

With headquarters in The Hague, the Netherlands, AEGON companies employ approximately 30,000 people worldwide. AEGON's businesses serve millions of customers in over 20 markets throughout the Americas, Europe and Asia, with major operations in the United States, the Netherlands and the United Kingdom.

The TA IDEX Transamerica Short-Term Bond fund is subject to several risks, including:

* Credit risk, which is the risk that the issuer of the bonds within the fund won't meet their payments.

* Inflation risk, which is the risk that inflation could outpace the fund's interest income.

* Interest rate risk, which is the risk that fluctuations in interest rates will affect the price of the fund's bonds.

* Mortgage-backed securities risk, which is the risk that these securities are subject to prepayment risk and may be sensitive to changes in prevailing interest rates. When interest rates rise, the value of fixed-income securities generally declines.

* Foreign securities risk, which is the risk that foreign securities may entail greater volatility due to foreign economic and political developments and currency fluctuations.

Mutual funds are subject to market risk, including loss of principal. Investors should carefully consider the investment objectives, risks, charges, and expenses associated with TA IDEX Transamerica Short-Term Bond before investing. The Prospectus contains this and additional important information about the fund. Contact your financial professional or visit www.TransamericaIDEX.com for a prospectus, and read it carefully before investing. Transamerica IDEX Mutual Funds are distributed by Transamerica Capital, Inc.