Exhibit 23(d)(1)(aa)
Amendment to Investment Advisory Agreement - Transamerica Flexible Income
TRANSAMERICA IDEX MUTUAL FUNDS
AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
THIS AMENDMENT is made as of January 1, 2008 to the Management and Investment
Advisory Agreement dated as of June 25, 1998, as amended (the "Agreement"),
between Transamerica IDEX Mutual Funds and Transamerica Asset Management, Inc.
(formerly, Transamerica Fund Advisors, Inc.) on behalf of TA IDEX Transamerica
Flexible Income (the "Fund"). In consideration of the mutual covenants contained
herein, the parties agree as follows:
COMPENSATION. Any reference to compensation of TA IDEX TRANSAMERICA
FLEXIBLE INCOME is now revised to reflect the following Advisory Fees,
effective as of January 1, 2008:
0.725% of average daily net assets of the first $250 million; 0.675%
of average daily assets over $250 million up to $350 million; and
0.625% of average daily net assets in excess of $350 million.
In all other respects, the Management and Investment Advisory Agreement
dated as of June 25, 1998, 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
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Name: Xxxxxx X. Xxxxxxxxx
Title: Vice President, General Counsel
and Secretary