TRANSAMERICA FUNDS AMENDMENT TO INVESTMENT ADVISORY AGREEMENT

Exhibit (d)(24)

TRANSAMERICA FUNDS
AMENDMENT TO INVESTMENT ADVISORY AGREEMENT

THIS AMENDMENT is made as of September 30, 2010 to the Investment Advisory Agreement dated as of December 28, 2006, as amended (the “Agreement”), between Transamerica Funds and Transamerica Asset Management, Inc. In consideration of the mutual covenants contained herein, the parties agree as follows:

          Schedule A. Schedule A to the Agreement is hereby deleted entirely and replaced as follows:

FUND		INVESTMENT ADVISER COMPENSATION
Transamerica Xxxxxx Xxxxxx Bond		0.675% of the first $200 million 0.625% over $200 million up to $750 million 0.60% in excess of $750 million
Transamerica BNY Mellon Market Neutral Strategy		1.40%
Transamerica Xxxxxxx Xxxxx Commodity Strategy		0.61% of the first $200 million 0.59% over $200 million up to $1 billion 0.56% in excess of $1 billion
Transamerica First Quadrant Global Macro		1.40% of the first $150 million 1.30% over $150 million up to $300 million 1.20% in excess of $300 million

In all other respects, the Investment Advisory Agreement dated as of December 28, 2006, as amended, is confirmed and remains in full force and effect.

The parties hereto have caused this amendment to be executed as of September 30, 2010.

	TRANSAMERICA FUNDS
	By:	/s/ Xxxxxxxxxxx X. Xxxxxxx
	Name	Xxxxxxxxxxx X. Xxxxxxx
	Title:	Vice President
	TRANSAMERICA ASSET MANAGEMENT, INC.
	By:	/s/ Xxxxxx X. Xxxxxxxxx
	Name:	Xxxxxx X. Xxxxxxxxx
	Title:	Senior Vice President, General Counsel and Secretary