Transamerica Funds

01/28/2026 | Press release | Distributed by Public on 01/28/2026 14:56

Summary Prospectus by Investment Company (Form 497K)

TRANSAMERICA FUNDS

Supplement to the Currently Effective Prospectuses, Summary Prospectuses

and Statements of Additional Information

Transamerica Capital Growth

Transamerica International Focus

Transamerica Large Growth

* * *

Transamerica Capital Growth

Effective immediately, the following replaces the corresponding information in the Prospectuses and Summary Prospectuses for Transamerica Capital Growth under the section entitled "Management":

Management:

Investment Manager: Transamerica Asset Management, Inc.

Sub-Adviser: Morgan Stanley Investment Management Inc.

Portfolio Managers:

Dennis P. Lynch

Lead Portfolio Manager since April 2011

Sam G. Chainani, CFA

Portfolio Manager

since April 2011

Jason C. Yeung, CFA

Portfolio Manager

since April 2011

Armistead B. Nash

Portfolio Manager

since April 2011

Alexander T. Norton

Portfolio Manager

since April 2011

Effective immediately, the following replaces the corresponding information in the Prospectuses for Transamerica Capital Growth under the section entitled "Shareholder Information - Portfolio Manager(s)":

Name Sub-Adviser Positions Over Past Five Years
Dennis P. Lynch Morgan Stanley Investment Management Inc.   Lead Portfolio Manager of the fund since 2011; associated with Morgan Stanley Investment Management Inc. in an investment management capacity since 1998; Managing Director; Head of Counterpoint Global
Sam G. Chainani, CFA Morgan Stanley Investment Management Inc. Portfolio Manager of the fund since 2011; associated with Morgan Stanley Investment Management Inc. in an investment management capacity since 1996; Managing Director; Investor on Counterpoint Global
Jason C. Yeung, CFA Morgan Stanley Investment Management Inc. Portfolio Manager of the fund since 2011; associated with Morgan Stanley Investment Management Inc. in an investment management capacity since 2002; Managing Director; Investor on Counterpoint Global
Armistead B. Nash Morgan Stanley Investment Management Inc. Portfolio Manager of the fund since 2011; associated with Morgan Stanley Investment Management Inc. in an investment management capacity since 2002; Managing Director; Investor on Counterpoint Global
Alexander T. Norton Morgan Stanley Investment Management Inc. Portfolio Manager of the fund since 2011; associated with Morgan Stanley Investment Management Inc. in an investment management capacity since 2000; Executive Director; Investor on Counterpoint Global

* * *

Transamerica International Focus

Effective January 31, 2026, the following will replace the corresponding information in the Prospectus and Summary Prospectus for Transamerica International Focus under the section entitled "Management":

Management:

Investment Manager: Transamerica Asset Management, Inc.

Sub-Adviser: Sands Capital Management, LLC

Portfolio Managers:

Danielle J. Menichella, CFA

Portfolio Manager since October 2024

Michael F. Raab, CFA

Portfolio Manager since October 2024

Effective January 31, 2026, the following will replace the corresponding information in the Prospectus for Transamerica International Focus under the section entitled "Shareholder Information - Portfolio Manager(s)":

Name Sub-Adviser Positions Over Past Five Years
Danielle J. Menichella, CFA Sands Capital Management, LLC Portfolio Manager of the fund since 2024; Senior Research Analyst and Portfolio Manager on the Global Leaders, Global Shariah and International Growth strategies; Joined Sands Capital Management, LLC in 2013
Michael F. Raab, CFA Sands Capital Management, LLC Portfolio Manager of the fund since 2024; Executive Managing Director, Director of Research, Senior Research Analyst and Portfolio Manager on the Global Leaders strategy; Joined Sands Capital Management, LLC in 2007

* * *

Transamerica Large Growth

Effective immediately, the following replaces the corresponding information in the Prospectuses and Summary Prospectuses for Transamerica Large Growth under the section entitled "Management":

Management:

Investment Manager: Transamerica Asset Management, Inc.

Sub-Adviser: Morgan Stanley Investment Management Inc.

Portfolio Managers:

Dennis P. Lynch

Lead Portfolio Manager since October 2019

Sam G. Chainani, CFA

Portfolio Manager

since October 2019

Jason C. Yeung, CFA

Portfolio Manager

since October 2019

Armistead B. Nash

Portfolio Manager

since October 2019

Alexander T. Norton

Portfolio Manager

since October 2019

Effective immediately, the following replaces the corresponding information in the Prospectuses for Transamerica Large Growth under the section entitled "Shareholder Information - Portfolio Manager(s)":

Name Sub-Adviser Positions Over Past Five Years
Dennis P. Lynch Morgan Stanley Investment Management Inc. Lead Portfolio Manager of the fund since 2019; associated with Morgan Stanley Investment Management Inc. in an investment management capacity since 1998; Managing Director; Head of Counterpoint Global
Sam G. Chainani, CFA Morgan Stanley Investment Management Inc. Portfolio Manager of the fund since 2019; associated with Morgan Stanley Investment Management Inc. in an investment management capacity since 1996; Managing Director; Investor on Counterpoint Global
Jason C. Yeung, CFA Morgan Stanley Investment Management Inc. Portfolio Manager of the fund since 2019; associated with Morgan Stanley Investment Management Inc. in an investment management capacity since 2002; Managing Director; Investor on Counterpoint Global
Armistead B. Nash Morgan Stanley Investment Management Inc. Portfolio Manager of the fund since 2019; associated with Morgan Stanley Investment Management Inc. in an investment management capacity since 2002; Managing Director; Investor on Counterpoint Global
Alexander T. Norton Morgan Stanley Investment Management Inc. Portfolio Manager of the fund since 2019; associated with Morgan Stanley Investment Management Inc. in an investment management capacity since 2000; Executive Director; Investor on Counterpoint Global

* * *

Effective immediately, the following replaces the corresponding information in the Statements of Additional Information (as applicable) under the section in Appendix B entitled "Portfolio Managers - Morgan Stanley Investment Management Inc. ("Morgan Stanley")":

Transamerica Capital Growth

Portfolio Manager Registered Investment
Companies
Other Pooled Investment

Vehicles

Other Accounts*
Number   Assets

Managed  

Number    Assets

Managed   

Number    Assets

Managed    

Dennis P. Lynch 21 $10.68 billion 29 $10.92 billion 16 $3.70 billion
Sam G. Chainani, CFA 21 $10.68 billion 28 $10.81 billion 14 $3.62 billion
Jason C. Yeung, CFA 21 $10.68 billion 28 $10.81 billion 14 $3.62 billion
Armistead B. Nash 21 $10.68 billion 28 $10.81 billion 14 $3.62 billion
Alexander T. Norton 21 $10.68 billion 28 $10.81 billion 14 $3.62 billion

Fee Based Accounts

(The number of accounts and the total assets in the accounts managed by each portfolio manager with

respect to which the advisory fee is based on the performance of the account.)

Dennis P. Lynch 0      $0      0       $0       16      $3.70 billion   
Sam G. Chainani, CFA 0 $0 0 $0 14 $3.62 billion
Jason C. Yeung, CFA 0 $0 0 $0 14 $3.62 billion
Armistead B. Nash 0 $0 0 $0 14 $3.62 billion
Alexander T. Norton 0 $0 0 $0 14 $3.62 billion

* Other Accounts excludes the assets and numbers of accounts in wrap fee programs that are managed using model portfolios.

Transamerica Large Growth

Portfolio Manager Registered Investment
Companies
Other Pooled Investment

Vehicles

Other Accounts*
Number   Assets

Managed  

Number    Assets

Managed   

Number    Assets

Managed    

Dennis P. Lynch 21 $10.68 billion 29 $10.92 billion 16 $3.70 billion
Sam G. Chainani, CFA 21 $10.68 billion 28 $10.81 billion 14 $3.62 billion
Jason C. Yeung, CFA 21 $10.68 billion 28 $10.81 billion 14 $3.62 billion
Armistead B. Nash 21 $10.68 billion 28 $10.81 billion 14 $3.62 billion
Alexander T. Norton 21 $10.68 billion 28 $10.81 billion 14 $3.62 billion

Fee Based Accounts

(The number of accounts and the total assets in the accounts managed by each portfolio manager with

respect to which the advisory fee is based on the performance of the account.)

Dennis P. Lynch 0 $0 0 $0 16 $3.70 billion
Sam G. Chainani, CFA 0 $0 0 $0 14 $3.62 billion
Jason C. Yeung, CFA 0 $0 0 $0 14 $3.62 billion
Armistead B. Nash 0 $0 0 $0 14 $3.62 billion
Alexander T. Norton 0 $0 0 $0 14 $3.62 billion

* Other Accounts excludes the assets and numbers of accounts in wrap fee programs that are managed using model portfolios.

* * *

Effective January 31 2026, the following will replace the corresponding information in the Statement of Additional Information (as applicable) under the section in Appendix B entitled "Portfolio Managers - Sands Capital Management, LLC. ("Sands Capital")":

Transamerica International Focus

Portfolio Manager Registered Investment
Companies
Other Pooled Investment

Vehicles

Other Accounts
Number   Assets

Managed  

Number    Assets

Managed   

Number    Assets

Managed    

Danielle J. Menichella, CFA 1 $96.5 million 6 $3.0 billion 8 $388.1 million
Michael F. Raab, CFA 0 $0 5 $3.3 billion 2 $2.0 million

Fee Based Accounts

(The number of accounts and the total assets in the accounts managed by each portfolio manager with

respect to which the advisory fee is based on the performance of the account.)

Danielle J. Menichella, CFA 0 $0 0 $0 0 $0
Michael F. Raab, CFA 0 $0 0 $0 0 $0

* * *

Investors Should Retain this Supplement for Future Reference

January 28, 2026

Transamerica Funds published this content on January 28, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on January 28, 2026 at 20:56 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]