Transamerica Landmark SM ML Variable Annuity

Transcription

1 Transamerica Landmark SM ML Variable Annuity The performance quoted represents past performance and does not guarantee future results; and current performance may be lower or higher than the performance quoted. The annuity value will fluctuate with market conditions so that when surrendered, it may be worth more or less than the total of premium payments. This material gives performance numbers for Transamerica Landmark SM ML Variable Annuity. Variable annuities are long-term, tax deferred vehicles that offer investment options through subaccounts and insurance features such as annuitization and death benefit options. Investors should consider the investment objectives, risks, charges and expenses of each investment company carefully before investing. Both the contract prospectus and underlying fund prospectus contain this and other information about the investment companies. The contract prospectus and underlying fund prospectus should be read carefully before investing. To request a prospectus be mailed to you call To obtain performance data current to the most recent month-end go to Taxes are due upon distribution of earnings. Distribution of earnings made prior to age 9½ may be subject to a 0% federal tax penalty. Surrender charges may also apply according to the terms of the variable annuity contract. The fees and charges reflected in the performance figures shown may not be specific to your annuity contract and, therefore, not reflect the returns your annuity earned. Some portfolios may not be available to existing annuity owners. Generally, each portfolio has broad risks that apply to all portfolios, such as market risk, as well as specific risks of investing in particular types of portfolios. Investing in certain types of portfolios, such as foreign (non-u.s.) securities or small or mid-cap funds, subjects your annuity to greater risk and volatility than the general market. The risks of a fund may be increased by the use of derivatives, such as futures, options and swaps. Please see the contract prospectus and underlying fund prospectus for the specific risks associated with each subaccount. An investment in the money market subaccount is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although it seeks to preserve the value of your investment at $ per share, it is possible to lose money by investing in the subaccount. Returns reflect performance of the investment option assuming a single premium payment at inception date with the Annual Step-Up death benefit and are net of all asset-based fees, including the mortality and expense risk fee and administrative charge equal to.0% annually (collectively "M&E&A"), 2b- fees (if any) and all other actual portfolio expenses. Standardized returns in "With Surrender Charge & Service Charge Deducted" column include a pro rata deduction of the $ annual service charge and any surrender charge that would apply if you terminated the contract at the end of each period indicated. Transamerica Landmark ML Variable Annuity surrender charge is a percentage of amount withdrawn (in excess of any surrender charge free amount) and declines as follows: %. Non-standardized returns in "Without Surrender Charge & Service Charge Deducted" column do not include these charges. IF THEY HAD, PERFORMANCE WOULD BE LOWER. Returns do not include charges for other optional riders, or any taxes that may apply at distribution. IF THEY HAD, PERFORMANCE WOULD BE LOWER. Returns prior to the subaccount inception date are hypothetical and reflect performance as if the annuity was available. The figures in the tables may reflect waiver of advisory fees and reimbursement of other expenses. IN THE ABSENCE OF SUCH WAIVERS, THE PERFORMANCE WOULD HAVE BEEN LOWER. Investment option names may vary from their corresponding portfolio names. Please see the contract prospectus for portfolio names. TAWLMPR00094 v7. 0//202

2 Portfolio ly Performance Adjusted Historical Average Annual Returns Without surrender charge & service charge deducted as of 09/0/204 charge deducted as of 09/0/204 Portfolio AllianceBernstein Balanced Wealth Strategy Portfolio - Class B #, 07/0/ to to AllianceBernstein Growth and Income Portfolio - Class B 0/4/ AllianceBernstein Large Cap Growth Portfolio - Class B, 06/26/ American Funds Asset Allocation Fund - Class 2, 08/0/ American Funds Bond Fund - Class 2, 0/02/ American Funds Growth Fund - Class 2, 02/08/ American Funds Growth-Income Fund - Class 2, 02/08/ American Funds International Fund - Class 2, 0/0/ BlackRock Basic Value V.I. Fund 07/0/ BlackRock Global Allocation V.I. Fund 02/28/ BlackRock High Yield V.I. Fund 04/20/ Fidelity VIP Balanced Portfolio - Service Class 2 0/0/ Fidelity VIP Contrafund Portfolio - Service Class 2 0/0/ Fidelity VIP Equity-Income Portfolio - Service Class 2, 0/09/ Fidelity VIP Growth Portfolio - Service Class 2, 0/09/ Fidelity VIP Mid Cap Portfolio - Service Class 2 2/28/ Fidelity VIP Value Strategies Portfolio - Service Class 2 02/20/ Franklin Founding Funds Allocation VIP Fund - Class 4 Shares,, ±, 07/02/ Franklin Income VIP Fund - Class 2 Shares,, Ø 0/24/ Franklin Mutual Shares VIP Fund - Class 2 Shares,, Ŧ /08/ TAWLMPR v7. 0//202

3 Portfolio ly Performance Adjusted Historical Average Annual Returns Without surrender charge & service charge deducted as of 09/0/204 charge deducted as of 09/0/204 Portfolio GE Investments Total Return Fund - Class #, 07/0/ to to Invesco V.I. American Franchise Fund - Series II Shares, 07/0/ Invesco V.I. Value Opportunities Fund - Series II Shares, 09/0/ Janus Aspen - Global Research Portfolio - Service Shares, 09// Janus Aspen Enterprise Portfolio - Service Shares, 09// MFS New Discovery Series - Service Class, 0/0/ MFS Total Return Series - Service Class, 0/0/ TA Aegon High Yield Bond - Service Class 06/0/ TA Aegon Tactical Vanguard ETF - Balanced - Service Class Ω 0/0/ TA Aegon Tactical Vanguard ETF - Conservative -Service Class Ω 0/0/ TA Aegon Tactical Vanguard ETF - Growth - Service Class Ω 0/0/ TA Aegon U.S. Government Securities - Service Class 0// TA AllianceBernstein Dynamic Allocation - Service Class, Ω, Δ 0/0/ TA Asset Allocation - Conservative - Service Class, Ω, Φ, Ψ 0/0/ TA Asset Allocation - Growth - Service Class, Φ, Ψ 0/0/ TA Asset Allocation - Moderate - Service Class, Ω, Φ, Ψ 0/0/ TA Asset Allocation - Moderate Growth - Service Class, Ω, Φ, Ψ 0/0/ TA Barrow Hanley Dividend Focused - Service Class, π 0/0/ TA BlackRock Global Allocation- Service Class Д 0/0/ TAWLMPR00094 v7. 0//202

4 Portfolio ly Performance Adjusted Historical Average Annual Returns Without surrender charge & service charge deducted as of 09/0/204 charge deducted as of 09/0/204 Portfolio TA BlackRock Tactical Allocation - Service Class Ω, Ж 0/0/ to to TA Clarion Global Real Estate Securities- Service Class 0/0/ TA International Moderate Growth - Service Class Ω, Φ, Ψ 0/0/ TA Janus Balanced- Service Class 07/0/ TA Jennison Growth- Service Class /8/ TA JPMorgan Core Bond - Service Class 0/02/ TA JPMorgan Enhanced Index - Service Class 0/02/ TA JPMorgan Mid Cap Value - Service Class 0/0/ TA JPMorgan Tactical Allocation - Service Class, Ω 0/0/ TA Legg Mason Dynamic Allocation - Balanced - Service Class Ω 0/0/ TA Legg Mason Dynamic Allocation - Growth - Service Class Ω 0/0/ TA Market Participation Strategy - Service Class Ω 09/7/ TA MFS International Equity- Service Class 0/02/ TA Morgan Stanley Capital Growth- Service Class, π 0/0/ TA Morgan Stanley Mid-Cap Growth- Service Class 0/0/ TA Multi-Managed Balanced - Service Class, 0/0/ TA PIMCO Real Return TIPS- Service Class 0/02/ TA PIMCO Tactical - Balanced - Service Class Ω, π 0/0/ TA PIMCO Tactical - Conservative - Service Class Ω, π 0/0/ TA PIMCO Tactical - Growth - Service Class Ω, π 0/0/ TA PIMCO Total Return- Service Class 0/0/ TAWLMPR v7. 0//202

5 Portfolio ly Performance Adjusted Historical Average Annual Returns Without surrender charge & service charge deducted as of 09/0/204 charge deducted as of 09/0/204 Portfolio TA Profund UltraBear - Service Class (OAM) 0/0/ to to TA Systematic Small/Mid Cap Value- Service Class 0/04/ TA T. Rowe Price Small Cap- Service Class, π 0/0/ TA Torray Concentrated Growth - Service Class, 04/08/ TA TS&W International Equity - Service Class 04/08/ TA Vanguard ETF - Aggressive Growth - Service Class Ω /9/ TA Vanguard ETF - Balanced - Service Class Ω 0/0/ TA Vanguard ETF - Conservative - Service Class Ω /9/ TA Vanguard ETF - Growth - Service Class Ω 0/0/ TA WMC US Growth - Service Class, 2// Templeton Foreign VIP Fund - Class 2 Shares,, 0/0/ Portfolio TA Aegon Money Market - Service Class π, 7-Day Current Yield 7-Day Effective Yield ly Quarterly ly Quarterly TAWLMPR00094 v7. 0//202

6 ly Performance Average Annual Total Returns charge deducted as of 09/0/204 AllianceBernstein Balanced Wealth Strategy Portfolio - Class B #, /0/ AllianceBernstein Growth and Income Portfolio - Class B 0/0/ AllianceBernstein Large Cap Growth Portfolio - Class B, 0/0/ American Funds Asset Allocation Fund - Class 2, /9/ American Funds Bond Fund - Class 2, /9/ to 0 American Funds Growth Fund - Class 2, /9/ American Funds Growth-Income Fund - Class 2, /9/ American Funds International Fund - Class 2, /9/ BlackRock Basic Value V.I. Fund 07/0/ BlackRock Global Allocation V.I. Fund 07/0/ BlackRock High Yield V.I. Fund 07/0/ Fidelity VIP Balanced Portfolio - Service Class 2 0/0/ Fidelity VIP Contrafund Portfolio - Service Class 2 0/0/ Fidelity VIP Equity-Income Portfolio - Service Class 2, 0/0/ Fidelity VIP Growth Portfolio - Service Class 2, 0/0/ Fidelity VIP Mid Cap Portfolio - Service Class 2 0/0/ Fidelity VIP Value Strategies Portfolio - Service Class 2 0/0/ Franklin Founding Funds Allocation VIP Fund - Class 4 Shares,, ±, /0/ Franklin Income VIP Fund - Class 2 Shares,, Ø 0/0/ Franklin Mutual Shares VIP Fund - Class 2 Shares,, Ŧ 0/0/ GE Investments Total Return Fund - Class #, /9/ Invesco V.I. American Franchise Fund - Series II Shares, 04/27/ Invesco V.I. Value Opportunities Fund - Series II Shares, 0/0/ Janus Aspen - Global Research Portfolio - Service Shares, 0/09/ Janus Aspen Enterprise Portfolio - Service Shares, 0/09/ MFS New Discovery Series - Service Class, 0/0/ MFS Total Return Series - Service Class, 0/0/ TA Aegon High Yield Bond - Service Class 06/0/ TAWLMPR v7. 0//202

7 ly Performance Average Annual Total Returns charge deducted as of 09/0/204 TA Aegon Tactical Vanguard ETF - Balanced - Service Class Ω 0/02/ TA Aegon Tactical Vanguard ETF - Conservative -Service Class Ω 0/02/ TA Aegon Tactical Vanguard ETF - Growth - Service Class Ω 0/02/ to 0 TA Aegon U.S. Government Securities - Service Class 0// TA AllianceBernstein Dynamic Allocation - Service Class, Ω, Δ 0/0/ TA Asset Allocation - Conservative - Service Class, Ω, Φ, Ψ 0/0/ TA Asset Allocation - Growth - Service Class, Φ, Ψ 0/0/ TA Asset Allocation - Moderate - Service Class, Ω, Φ, Ψ 0/0/ TA Asset Allocation - Moderate Growth - Service Class, Ω, Φ, Ψ 0/0/ TA Barrow Hanley Dividend Focused - Service Class, π 2// TA BlackRock Global Allocation- Service Class Д 0/0/ TA BlackRock Tactical Allocation - Service Class Ω, Ж 0/0/ TA Clarion Global Real Estate Securities- Service Class 0/0/ TA International Moderate Growth - Service Class Ω, Φ, Ψ 0/0/ TA Janus Balanced- Service Class /9/ TA Jennison Growth- Service Class /8/ TA JPMorgan Core Bond - Service Class 0/02/ TA JPMorgan Enhanced Index - Service Class 0/02/ TA JPMorgan Mid Cap Value - Service Class /9/ TA JPMorgan Tactical Allocation - Service Class, Ω 0/02/ TA Legg Mason Dynamic Allocation - Balanced - Service Class Ω 0/0/ TA Legg Mason Dynamic Allocation - Growth - Service Class Ω 0/0/ TA Market Participation Strategy - Service Class Ω 09/7/ TA MFS International Equity- Service Class 0/0/ TA Morgan Stanley Capital Growth- Service Class, π 2// TA Morgan Stanley Mid-Cap Growth- Service Class 0/0/ TA Multi-Managed Balanced - Service Class, 0/0/ TA PIMCO Real Return TIPS- Service Class 0/02/ TAWLMPR v7. 0//202

8 ly Performance Average Annual Total Returns charge deducted as of 09/0/204 to 0 TA PIMCO Tactical - Balanced - Service Class Ω, π 0/0/ TA PIMCO Tactical - Conservative - Service Class Ω, π 0/0/ TA PIMCO Tactical - Growth - Service Class Ω, π 0/0/ TA PIMCO Total Return- Service Class 0/0/ TA Profund UltraBear - Service Class (OAM) 0/0/ TA Systematic Small/Mid Cap Value- Service Class 0/04/ TA T. Rowe Price Small Cap- Service Class, π 2// TA Torray Concentrated Growth - Service Class, 04/08/ TA TS&W International Equity - Service Class 04/08/ TA Vanguard ETF - Aggressive Growth - Service Class Ω /9/ TA Vanguard ETF - Balanced - Service Class Ω 0/0/ TA Vanguard ETF - Conservative - Service Class Ω /9/ TA Vanguard ETF - Growth - Service Class Ω 0/0/ TA WMC US Growth - Service Class, 0/0/ Templeton Foreign VIP Fund - Class 2 Shares,, 0/0/ Day Current Yield ly Quarterly 7-Day Effective Yield ly Quarterly TA Aegon Money Market - Service Class π, TAWLMPR v7. 0//202

9 Quarterly Performance AllianceBernstein Balanced Wealth Strategy Portfolio - Class B #, AllianceBernstein Growth and Income Portfolio - Class B AllianceBernstein Large Cap Growth Portfolio - Class B, /0/2008 0/0/200 0/0/ Average Annual Total Returns charge deducted as of 09/0/204 to American Funds Asset Allocation Fund - Class 2, /9/ American Funds Bond Fund - Class 2, /9/ American Funds Growth Fund - Class 2, /9/ American Funds Growth-Income Fund - Class 2, /9/ American Funds International Fund - Class 2, /9/ BlackRock Basic Value V.I. Fund 07/0/ BlackRock Global Allocation V.I. Fund 07/0/ BlackRock High Yield V.I. Fund 07/0/ Fidelity VIP Balanced Portfolio - Service Class 2 0/0/ Fidelity VIP Contrafund Portfolio - Service Class 2 0/0/ Fidelity VIP Equity-Income Portfolio - Service Class 2, 0/0/ Fidelity VIP Growth Portfolio - Service Class 2, 0/0/ Fidelity VIP Mid Cap Portfolio - Service Class 2 0/0/ Fidelity VIP Value Strategies Portfolio - Service Class 2 Franklin Founding Funds Allocation VIP Fund - Class 4 Shares,, ±, 0/0/2002 /0/ Franklin Income VIP Fund - Class 2 Shares,, Ø Franklin Mutual Shares VIP Fund - Class 2 Shares,, Ŧ 0/0/2007 0/0/ GE Investments Total Return Fund - Class #, Invesco V.I. American Franchise Fund - Series II Shares, Invesco V.I. Value Opportunities Fund - Series II Shares, Janus Aspen - Global Research Portfolio - Service Shares, /9/ /27/202 0/0/2002 0/09/ Janus Aspen Enterprise Portfolio - Service Shares, 0/09/ MFS New Discovery Series - Service Class, 0/0/ MFS Total Return Series - Service Class, 0/0/ TA Aegon High Yield Bond - Service Class 06/0/ TAWLMPR v7. 0//202

10 Quarterly Performance TA Aegon Tactical Vanguard ETF - Balanced - Service Class Ω TA Aegon Tactical Vanguard ETF - Conservative -Service Class Ω TA Aegon Tactical Vanguard ETF - Growth - Service Class Ω 0/02/20 0/02/20 0/02/ Average Annual Total Returns charge deducted as of 09/0/204 to TA Aegon U.S. Government Securities - Service Class TA AllianceBernstein Dynamic Allocation - Service Class, Ω, Δ TA Asset Allocation - Conservative - Service Class, Ω, Φ, Ψ 0//994 0/0/2002 0/0/ TA Asset Allocation - Growth - Service Class, Φ, Ψ 0/0/ TA Asset Allocation - Moderate - Service Class, Ω, Φ, Ψ TA Asset Allocation - Moderate Growth - Service Class, Ω, Φ, Ψ 0/0/2002 0/0/ TA Barrow Hanley Dividend Focused - Service Class, π 2// TA BlackRock Global Allocation- Service Class Д 0/0/ TA BlackRock Tactical Allocation - Service Class Ω, Ж TA Clarion Global Real Estate Securities- Service Class 0/0/2009 0/0/ TA International Moderate Growth - Service Class Ω, Φ, Ψ 0/0/ TA Janus Balanced- Service Class /9/ TA Jennison Growth- Service Class /8/ TA JPMorgan Core Bond - Service Class 0/02/ TA JPMorgan Enhanced Index - Service Class 0/02/ TA JPMorgan Mid Cap Value - Service Class /9/ TA JPMorgan Tactical Allocation - Service Class, Ω TA Legg Mason Dynamic Allocation - Balanced - Service Class Ω TA Legg Mason Dynamic Allocation - Growth - Service Class Ω 0/02/20 0/0/202 0/0/ TA Market Participation Strategy - Service Class Ω 09/7/ TA MFS International Equity- Service Class 0/0/ TA Morgan Stanley Capital Growth- Service Class, π 2// TA Morgan Stanley Mid-Cap Growth- Service Class 0/0/ TA Multi-Managed Balanced - Service Class, 0/0/ TA PIMCO Real Return TIPS- Service Class 0/02/ TAWLMPR v7. 0//202

11 Quarterly Performance Average Annual Total Returns charge deducted as of 09/0/204 to 0 TA PIMCO Tactical - Balanced - Service Class Ω, π 0/0/ TA PIMCO Tactical - Conservative - Service Class Ω, π 0/0/ TA PIMCO Tactical - Growth - Service Class Ω, π 0/0/ TA PIMCO Total Return- Service Class 0/0/ TA Profund UltraBear - Service Class (OAM) 0/0/ TA Systematic Small/Mid Cap Value- Service Class 0/04/ TA T. Rowe Price Small Cap- Service Class, π 2// TA Torray Concentrated Growth - Service Class, 04/08/ TA TS&W International Equity - Service Class 04/08/ TA Vanguard ETF - Aggressive Growth - Service Class Ω /9/ TA Vanguard ETF - Balanced - Service Class Ω 0/0/ TA Vanguard ETF - Conservative - Service Class Ω /9/ TA Vanguard ETF - Growth - Service Class Ω 0/0/ TA WMC US Growth - Service Class, 0/0/ Templeton Foreign VIP Fund - Class 2 Shares,, 0/0/ Day Current Yield ly Quarterly 7-Day Effective Yield ly Quarterly TA Aegon Money Market - Service Class π, TAWLMPR00094 v7. 0//202

12 - Performance prior to July, 997, reflects performance of Transamerica Landmark Variable Annuity subaccounts prior to the offering of the policies through Merrill Lynch. - Returns for the period prior to the inception of this class of share with 2b- fee are based on historical returns for a class of shares without a 2b- fee, adjusted as if the 2b- fee had been in effect since the inception date. - The seven-day yield refers to the annualized income generated by an investment in the subaccount over a specified seven-day period. For the effective yield, the income earned by an investment in the subaccount is assumed to be reinvested. The yield calculation does not reflect the deduction of surrender charges. See the Prospectus and Statement of Additional Information for further details regarding calculations of yields. Δ - Performance prior to August 6, 200 reflects the performance of the Transamerica Convertible Securities VP fund. Д - Returns reflect the deduction of an annual fund facilitation fee of 0.0%. - This subaccount is only applicable when the Retirement Income Choice.2 rider is chosen and the Open Allocation Option is utilized. The returns do not reflect the deduction of the Retirement Income Choice.2 rider fee. Only the insurance company can transfer assets in and out of this subaccount. - Returns reflect the deduction of an annual fund facilitation fee of 0.%. # - Returns reflect the deduction of an annual fund facilitation fee of 0.20%. - Returns reflect the deduction of an annual fund facilitation fee of 0.0%. - This subaccount is closed to new investments. π - On May, 20 this subaccount merged into Separate Account B. The subaccount inception date and performance have been adjusted to reflect that of the underlying Separate Account B. Ø - Effective May, 204 Franklin Income Securities Fund was renamed Franklin Income VIP Fund. ± - Effective May, 204 Franklin Templeton VIP Founding Funds Allocation Fund will be renamed Franklin Founding Funds Allocation VIP Fund. Ŧ - Effective May, 204 Mutual Shares Securities Fund was renamed Franklin Mutual Shares VIP Fund. - Effective May, 204 Templeton Foreign Securities Fund was renamed Templeton Foreign VIP Fund. - Transamerica BNP Paribas Large Cap Growth VP was renamed Transamerica Torray Concentrated Growth VP (subadvised by Torray LLC) on or about May, 204. This fund may vary for certain policies and may not be available on all policies. - Effective May, 204, the Subadvisor changed from BlackRock Financial Management, Inc. to Aegon USA Investment Management, LLC. Ψ - Effective May, 204, the Subadvisor changed from Transamerica Asset Management, Inc. to Aegon USA Investment Management, LLC. Ж - Effective on or about May, 204 Transamerica Hanlon Income VP merged into Transamerica BlackRock Tactical Allocation VP. Φ - The ability of the fund to achieve its objective depends largely on the performance of the underlying fund in which it invests. Each underlying fund's performance, in turn, depends on the particular securities in which that underlying fund invests. Total expenses associated wtih the fund may be higher than with other mutual funds. Ω - This fund's investment strategy is intended to smooth out investment performance spikes. Performance gains may not be as strong as might be available in benchmark indices or comparable funds not using volatility controls. - Effective on or about July, 204, Transamerica WMC Diversified Growth was renamed Transamerica WMC US Growth VP. Policy Form No. AV (may vary by state), FL Policy Form No. AV OR Policy Form No. AV Available only in states where approved. Annuities issued by: Transamerica Life Insurance Company, 4 Edgewood Road NE, Cedar Rapids, Iowa Variable annuity products are underwritten and distributed by Transamerica Capital, Inc. Member FINRA. TAWLMPR v7. 0//202