Exhibit 23(d)(1)(pp)
Amendment to Investment Advisory Agreement - Transamerica Federated Market
Opportunity and Transamerica Xxxxxxxxxxx Developing Markets
TRANSAMERICA IDEX MUTUAL FUNDS
AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
THIS AMENDMENT is made as of January 1, 2008 to the Investment Advisory
Agreement dated as of November 7, 2005, as amended (the "Agreement"), between
Transamerica IDEX Mutual Funds and Transamerica Asset Management, Inc.
(formerly, Transamerica Fund Advisors, Inc.) on behalf of TA IDEX Federated
Market Opportunity and TA IDEX Xxxxxxxxxxx Developing Markets (each, a "Fund").
In consideration of the mutual covenants contained herein, the parties agree as
follows:
1. COMPENSATION. Any reference to compensation of TA IDEX FEDERATED
MARKET OPPORTUNITY is now revised to reflect the following Advisory
Fees, effective as of January 1, 2008:
0.85% of the first $30 million of the Fund's average daily net assets;
0.80% over $30 million up to $50 million of the Fund's average daily
net assets; 0.70% over $50 million up to $500 million of the Fund's
average daily net assets; 0.675% over $500 million up to $750 million
of the Fund's average daily net assets; and 0.65% of the Fund's
average daily net assets over $750 million.
2. COMPENSATION. Any reference to compensation of TA IDEX XXXXXXXXXXX
DEVELOPING MARKETS is now revised to reflect the following Advisory
Fees, effective as of January 1, 2008:
1.20% of the first $50 million of the Fund's average daily net assets;
1.15% over $50 million up to $200 million of the Fund's average daily
net assets; 1.10% over $200 million up to $500 million of the Fund's
average daily net assets; and 1.05% of the Fund's average daily net
assets over $500 million.
In all other respects, the Investment Advisory Agreement dated as of November 7,
2005, as amended, is confirmed and remains in full force and effect.
The parties hereto have caused this amendment to be executed as of January 1,
2008.
TRANSAMERICA ASSET MANAGEMENT, INC.
(FORMERLY, TRANSAMERICA FUND
ADVISORS, INC.)
By: /s/ T. Xxxxxxx Xxxxxxx, XX
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Name: T. Xxxxxxx Xxxxxxx, XX
Title: Senior Vice President and Chief
Compliance Officer
TRANSAMERICA IDEX MUTUAL FUNDS
By: /s/ Xxxxxx X. Xxxxxxxxx
------------------------------------
Name: Xxxxxx X. Xxxxxxxxx
Title: Vice President, General Counsel
and Secretary
