Transamerica is planning to roll out the Transamerica Global Tactical Fund in October.
Sub-advised by Aegon Investment Management, the fund will invest in exchange-traded funds that focus on high-yield bonds and non-U.S. debt, including emerging markets. It will also invest in dividend-paying stocks, master limited partnerships, real estate investment trusts, international real estate, international equities, U.S. government bonds and Treasury Inflation Protected Securities (TIPS).
“Transamerica Global Tactical Income provides investors a complement to their current base of core savings solutions,” said John K. Carter, president and CEO of Transamerica Investment Management. “Today’s investors are seeking investment solutions that are not solely correlated to the returns of the equity markets and that are able to generate reliable patters of income. We believe this fund will help investors meet their income and capital appreciation needs not only today, but as they enter retirement.”
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