Transamerica Madison Conservative Allocation VP
Data updated: 2019-11-25
C000099467 — Transamerica Madison Conservative Allocation VP. Money Market · $61.66M AUM · 1.11% expense ratio. Holdings, fees, performance and SEC filings.
C000099467 Fund Overview
Transamerica Madison Conservative Allocation VP is a US mutual fund managed by Transamerica Series Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Transamerica Series Trust
- Category: Money Market
- Assets under management: $61.66M
- SEC CIK: 0000778207
- SEC series ID: S000031954
- Share class ID: C000099467
C000099467 Investment Objective and Strategy
Transamerica Madison Conservative Allocation VP describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Transamerica Series Trust.
Investment objective
Seeks current income and preservation of capital.
Principal investment strategy
The portfolios sub-adviser, Madison Asset Management, LLC (the sub-adviser), seeks to achieve the portfolios investment objective by investing its assets primarily in shares of underlying mutual funds advised by the sub-adviser and Transamerica Asset Management, Inc.-managed mutual funds (the underlying portfolios). Although actual allocations may vary, the portfolios asset allocation among asset classes is expected to be within the following ranges: 0% to 5% money market funds; 39% to 90% debt securities (e.g., bond funds and convertible bond funds); 0% to 5% below-investment grade debt securities (e.g., high income funds); 10% to 46% equity securities (e.g., U.S. stock funds); 0% to 11% foreign securities (e.g., international stock and bond funds); and 0% to 5% alternative asset classes (e.g., real estate investment trust funds, natural resources funds and precious metal funds).
The portfolios allocation to high yield bonds will normally not exceed 5% of the portfolios assets. The portfolio is subject to volatility constraints. Based on these constraints and the level of volatility of the equity markets, the sub-adviser may increase equity exposure to approximately 46% or may decrease equity exposure to approximately 10%. Notwithstanding the constraints, the sub-adviser may elect to allocate fewer assets to equity underlying portfolio when it believes it is advisable to do so. The constraints may result in the portfolio not achieving its stated asset mix goal. Each underlying portfolio has its own investment objective, principal investment strategies and investment risks. The sub-adviser for each underlying portfolio decides which securities to purchase and sell for that underlying portfolio.
The portfolios ability to achieve its investment objective depends largely on the performance of the underlying portfolios in which it invests. The Underlying Portfolios section of the prospectus lists the underlying portfolios currently available for investment by the portfolio, provides a summary of their respective investment objectives and principal investment strategies, and identifies certain risks of the underlying portfolios. It is not possible to predict the extent to which the portfolio will be invested in a particular underlying portfolio at any time. The portfolio may be a significant shareholder in certain underlying portfolios. The sub-adviser may change the portfolios asset allocations and underlying portfolios at any time without notice to shareholders and without shareholder approval.
The sub-adviser may invest up to 10% of the portfolios assets in exchange-traded funds (ETFs) to gain exposure to asset classes or sectors not otherwise accessible through the underlying mutual funds in which the portfolio otherwise invests.
C000099467 Costs and Fees
C000099467 costs about $111 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.11%
- Gross expense ratio: 1.11%
- Portfolio turnover: 54%
- Brokerage commissions: 0.73 bps of average net assets (SEC N-CEN)
C000099467 Cashflows
Over the 12 months to 2019-09, Transamerica Madison Conservative Allocation VP had net inflows of $762.13K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2019-09 | −$423.54K |
| 2019-08 | $1.56M |
| 2019-07 | −$369.41K |
C000099467 Debt Constituents
No individual debt constituents are reported in Transamerica Madison Conservative Allocation VP's latest SEC N-PORT filing.
C000099467 Prospectus and SEC Filings
Official Transamerica Madison Conservative Allocation VP filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.