Transamerica I-Series® is a separately managed account program, which uses strategic, alternative and tactical asset allocation models to establish an individualized client portfolio in accordance with the client's particular investment objectives and risk tolerance. Each I-Series client owns the underlying securities in his or her account.

PROGRAM DESCRIPTION

Strategic Model Portfolio V seeks capital appreciation with modest levels of current income as a secondary objective. This model may be considered by those who have a time horizon of at least 10 years and can tolerate volatility. The Strategic Model Portfolios apply asset allocation models developed by Transamerica Financial Advisors, Inc. (TFA). These allocation models include equity, fixed income, real estate, and cash asset categories. Each of the Strategic Model Portfolios is also available with varying exposure to both commodity and municipal bond markets (Model Portfolio VI is not available with municipal bond exposure). TFA used mean-variance analysis of several market indexes over multiple economic and market cycles to create the asset allocation models. After creating the asset allocation models, TFA selected investments in each asset category that are intended to track representative market indexes. The underlying investments in the Strategic Model Portfolios consist of Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs). In selecting the investments, TFA considered many factors including expense ratio, performance history, liquidity, and number of holdings.

The Strategic Model Portfolio V has a target allocation of 85% equity and 15% non-equity.

This model portfolio is intended to track the above indexes. The above indexes do not necessarily correspond to the indexes used to develop the models. TFA may change the ETF and ETN holdings at any time. The securities that will be purchased using this model portfolio are subject to market risk and an investor may experience loss of principal. For a complete description of all fees, costs, and expenses, please refer to the Form ADV Part 2A and/or Appendix 1.

THE INVESTMENT OBJECTIVE AND PROCESS

Asset Category Corresponding Indexes of ETF/ETN Holdings

Large Cap • CRSP U.S. Large Cap Index

Mid Cap • Russell MidCap® Index

Small Cap • S&P SmallCap 600 Index

International • MSCI EAFE Index • S&P Developed Ex-US Under USD2 Billion Index

Emerging Markets

• MSCI Emerging Markets Index • S&P Emerging Markets Under USD2 Billion Index

REIT • MSCI US REIT Index • Dow Jones Global Ex-US Select Real Estate Securities

IndexSM

Fixed Income • Barclays Capital US Aggregate Bond Index • Barclays Capital TIPS Bond Index • Barclays Capital High Yield Very Liquid Index • Barclays Global Aggregate ex-USD Float Adjusted RIC

Capped Index (USD Hedged) • Barclays USD Emerging Markets Government RIC

Capped Index

STRATEGIC ASSET ALLOCATION

TFA35690-V-1214

An Exchange Traded Fund is an investment product that allows an investor to buy and sell shares in a single security that represents a fractional ownership of a portfolio of securities. ETFs hold a basket of securities and are typically designed to replicate the performance of an established index. ETFs are inherently transparent, as their holdings are published daily. ETFs are listed on a national exchange and can be bought and sold like common stocks throughout the trading day. Retail investors generally cannot purchase or redeem ETF shares from the issuing fund company. An Exchange Traded Note is a common name for a senior unsecured debt obligation designed to track the total return of an underlying market index or other benchmark, less investor fees. ETNs are similar to ETFs in that they are listed on an exchange and can be bought and sold throughout the trading day.

EXCHANGE TRADED FUNDS AND EXCHANGE TRADED NOTES

ETF Characteristics • Liquidity from intraday trading • Can provide broad coverage of market sectors • May trade at a premium or a discount • Subject to market and exchange conditions

More About ETFs - Traditionally have lower management fees than mutual funds - Typically generate fewer capital gains than mutual funds - Index based ETFs, due to their passive management style, tend to have minimal style drift

Strategic Model Portfolio Profile – Model Portfolio V

Transamerica I-Series® Strategic Model Portfolios consist of twenty-two model portfolios with varying levels of risk and potential return. Model Portfolio V seeks capital appreciation with modest levels of current income as a secondary objective and carries a fair amount of risk when compared to other I-Series Strategic Model Portfolios.

RISK AND RETURN

TRANSAMERICA I-SERIES® Model Portfolio V

I II III IV V VI

Low Risk and Return High

Transamerica Financial Advisors, Inc., member FINRA and SEC Registered Investment Advisor. 570 Carillon Parkway St. Petersburg FL 33716