Transamerica Life | Important changes to the TML Global Balanced Portfolio Fund
On September 5th, 2013 we advised you that Franklin Templeton was making changes to their Quotential Global Balanced Portfolio and on September 25th, we also sent a letter to policyholders letting them know about this upcoming change. We had indicated that the fund was closing on October 25th, 2013 and all proceeds will be automatically reinvested to the Franklin Quotential Balanced Income Portfolio at that time.
We would like to inform you that Franklin Templeton has changed the fund closure date to October 18th, 2013. To avoid any delays in processing and to make sure your clients investment objectives are being met, please encourage your clients to either select the Quotential Balanced Income Portfolio or pick a different fund when choosing an investment option.