TRANSAMERICA FUNDS

Supplement to the Currently Effective Prospectuses,
Summary Prospectuses and
Statement of Additional Information
Transamerica Multi-Cap Growth

The Board of Trustees has approved a reorganization pursuant
to which the assets of Transamerica Multi-Cap Growth (the
"Target Fund"), a series of Transamerica Funds, would be
acquired, and its liabilities would be assumed, by
Transamerica US Growth (the "Acquiring Fund"), a series of
Transamerica Funds, in exchange for shares of the Acquiring
Fund. The Target Fund would then be liquidated, and shares
of the Acquiring Fund would be distributed to the Target Fund
shareholders. Under the reorganization, Target Fund
shareholders would receive shares of the Acquiring Fund with
the same aggregate net asset value as their shares of the Target
Fund. It is anticipated that no gain or loss for Federal income
tax purposes would be recognized by Target Fund
shareholders as a result of the reorganization.
The reorganization does not require shareholder approval, but
is subject to the satisfaction of certain closing conditions. An
information statement describing the reorganization will be
mailed to Target Fund shareholders in advance of the closing
of the reorganization. If the closing conditions are satisfied,
the reorganization is expected to occur on or about August 2,
2019. Effective on or about July 24, 2019, Transamerica
Multi-Cap Growth will be closed to new investments.
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Investors Should Retain this Supplement for Future
Reference

May 15, 2019


Information Classification: Limited Access

Information Classification: Limited Access