Download TA Aegon US Government Securities

Quarterly Fund Facts | 4th Quarter 2014
TA Aegon U.S. Government Securities
Initial Class | Service Class
as of 12/31/14
Investment Objective
Fund Facts
This investment option invests in a portfolio which
seeks to provide as high a level of total return as is
consistent with prudent investment strategies.
Investment Adviser
Portfolio Characteristics
Portfolio Name
Transamerica Aegon U.S.
Government Securities VP*
Net Assets
$388.04 Million
(all share classes)
Benchmark Index
Barclays Government Index
Number of Holdings
73
Lipper Category
General U.S. Government
Portfolio Turnover
52% (As of 6/30/2014)
Transamerica Asset Management, Inc.
Sub-adviser
Class Facts
Aegon USA Investment Management, LLC
Initial Class
Service Class
Inception Date
05/13/1994
Gross Expense Ratio
0.62
Net Expense Ratio
0.62
05/01/2003
0.87
0.87
Expense ratios for Service Class shares are higher than Initial Class shares due to the inclusion of 12b-1 fees.
Expense ratios shown reflect fee waivers, expense reimbursements, or expense recaptures, if any, which are at the discretion of the
Investment Adviser. Fee waivers and expense reimbursements are included in the Net Expense Ratio only. Expense recaptures are
included in both the Gross Expense Ratio and the Net Expense Ratio.
Portfolio Managers
Calvin Norris, CFA
Tyler Knight
Charles Foster, CFA
Doug Weih, CFA
Asset Allocation
Top 10 Sector Weights (%)
Domestic Debt
Cash & Cash Equivalent
Foreign Debt
95.05%
2.90%
2.05%
U.S. Government Obligation
47.53
U.S. Government Agency Obligation
24.10
Asset-Backed Security
9.84
Financials
8.11
Municipal Government Obligation
2.71
Telecommunication Services
1.64
Fixed Income Statistics
Industrials
1.39
Average Maturity
Average Duration
Mortgage-Backed Security
0.53
Risk Measures
3 years
Initial Class Service Class
Alpha
Beta
R-Squared
Standard Deviation
1.17
0.92
86.80
2.57
0.93
0.91
86.60
2.55
5.79 years
4.28 years
Consumer Staples
0.48
Source: AUIM
Consumer Discretionary
0.46
Maturity (%)
Sector weights display excludes cash and cash equivalents.
0-1 Year
10.15
Top 10 Holdings
1-3 Years
19.51
3-5 Years
11.51
5-10 Years
13.66
U.S. Treasury Note, 0.500%, due 07/31/2017
U.S. Treasury Note, 1.000%, due 09/15/2017
U.S. Treasury Bond, 2.750%, due 11/15/2042
Government National Mortgage Association, 4.701%, due 07/20/2061
Government National Mortgage Association, 4.658%, due 09/20/2061
Federal National Mortgage Association, 3.220%, due 02/01/2015
Government National Mortgage Association, 4.583%, due 06/20/2062
Government National Mortgage Association, 4.654%, due 08/20/2061
Government National Mortgage Association, 4.600%, due 10/20/2061
U.S. Treasury Bond, 3.500%, due 02/15/2039
Percentage of total portfolio
10-20 Years
20+ Years
9.21
35.96
Quality (%)
AAA
80.04
AA
6.60
A
2.98
BBB
6.69
BB and Below
3.70
Source: AUIM
Credit quality ratings are received from S&P®,
Moody’s®, and Fitch®. The breakdown uses the
following methodology: the median rating if rated by
all three agencies; the lower of two if only two
agencies rate the security; and one rating if rated by
one agency. NR includes securities that are not rated
by S&P®, Moody’s®, or Fitch®, but may be rated by
other Nationally Recognized Statistical Rating
Organizations, and may contain bonds, equities and/or
bank loans.
VFFAAUSGS0215
% of Holdings
6.70
6.52
3.34
3.17
2.96
2.87
2.82
2.77
2.71
2.70
36.56
Holdings are subject to change and are not recommendations to buy or sell a security.
Risk measures are in comparison to the fund’s blended benchmark unless otherwise indicated. Based on the indicated class shares at
NAV for the 3-year period. Past performance is no indication of future results.
*All facts, statistics and information presented are those of the underlying portfolio in which the investment option invests. This
underlying portfolio is only offered as an investment option within a variable annuity contract.
Not insured by FDIC or any federal government agency. May lose value.
Not a deposit of or guaranteed by any bank, bank affiliate, or credit union.
TA Aegon U.S. Government Securities
Initial Class | Service Class
as of 12/31/14
Investment Strategy
This investment option invests in a portfolio which invests, under normal circumstances, at least 80% of its net assets in U.S. government debt obligations guaranteed by U.S.
government agencies or government sponsored entities and mortgage-backed securities issued or guaranteed by the U.S. government, its agencies or government-sponsored
entities.
Average Maturity is computed by weighting the maturity of each security in the portfolio by the market value of the security, then averaging these weighted figures.
Average Duration is a time measure of a bond’s interest-rate sensitivity, based on the weighted average of the time periods over which a bond’s cash flows accrue to the
bondholder.
Variable annuities are long-term tax deferred vehicles designed for retirement purposes. They offer three main benefits: tax-deferred treatment of earnings, guaranteed death
benefit options, and guaranteed lifetime payout options. Variable annuities are subject to investment risk, including possible loss of principal.
Alpha is a coefficient measuring the portion of a fund’s return arising from specific (non-market) risk. Beta illustrates a fund’s sensitivity to price movements in relation to a
benchmark index. R-Squared is a statistical measure that represents the percentage of a fund’s movements that can be explained by movements in a benchmark index.
Standard Deviation is a statistical measurement that helps to gauge the fund’s historical volatility.
The value of the variable annuity will fluctuate so that when surrendered, it may be worth more or less than the total of premium payments. Past performance is no guarantee
of future results.
A number of investment options, or subaccounts, are available under the variable annuity.
Please keep in mind that a U.S. Backed Government Fund guarantee applies only to the timely payment of principal and interest, and does not remove market risks when shares
are redeemed.
There are other investment choices available with different management fees associated with each choice.
Barclays U.S. Government Index is an unmanaged index used as a general measure of market performance. It is not possible to invest directly into an index.
You should consider a variable annuity’s investment objectives, risks, charges, and expenses carefully before investing. Call 1-800-525-6205 for a contract and fund
prospectus containing this and other information. Please read it carefully.
Transamerica Financial Life Insurance Company is licensed in New York.
Annuities Issued by: Transamerica Life Insurance Company, Cedar Rapids, IA. Transamerica Financial Life Insurance Company, Harrison, NY.
Underwritten and distributed by Transamerica Capital, Inc.