Transamerica is introducing the Transamerica Large Value Active ETF (TALV) and Transamerica Bond Active ETF (TABD) on the New York Stock Exchange.
“We’re meeting investors where they are, making our strategies easier to access, easier to understand and easier to act on,” said Marijn Smit, president and CEO of Transamerica Asset Management. “These ETFs reflect our commitment to practical, long term portfolio building, giving investors new ways to pursue their financial goals to live their best life.”
TALV seeks long term capital appreciation by investing in a diversified mix of large capitalization companies that the manager believes are undervalued and have a high probability for appreciation potential. With a capped expense ratio of just 0.49%1, TALV offers investors a cost-conscious way to pursue growth (gross expense ratio: 0.76%).
TABD aims to provide total return through a combination of current income and capital appreciation. Under normal market conditions, the strategy allocates at least 80% of its net assets to fixed income securities. The fund features a capped expense ratio of just 0.39%, helping investors keep costs low (gross expense ratio: 0.57%).
Both ETFs leverage subadvisor firms that currently manage mutual funds with similar strategies. This continuity provides an opportunity for investors to potentially benefit from the same disciplined processes and experienced teams, now delivered through the flexibility and efficiency of an ETF structure.
TALV is sub-advised by Great Lakes Advisors’ large value team, while TABD is sub-advised by Aegon Asset Management, LLC’s multisector fixed income team.