Report of Independent Registered Public Accounting Firm

To the Board of Trustees and Shareholders of Transamerica
Funds:

In planning and performing our audits of the financial
statements of ClearTrack 2015, ClearTrack 2020, ClearTrack
2025, ClearTrack 2030, ClearTrack 2035, ClearTrack 2040,
ClearTrack 2045, ClearTrack 2050, ClearTrack 2055,
ClearTrack 2060, ClearTrack Retirement Income,
Transamerica Asset Allocation - Conservative Portfolio,
Transamerica Asset Allocation - Growth Portfolio,
Transamerica Asset Allocation Intermediate Horizon,
Transamerica Asset Allocation Long Horizon, Transamerica
Asset Allocation - Moderate Growth Portfolio, Transamerica
Asset Allocation - Moderate Portfolio, Transamerica Multi-
Manager Alternative Strategies Portfolio, Transamerica Asset
Allocation Short Horizon, Transamerica Balanced II,
Transamerica Bond, Transamerica Capital Growth,
Transamerica Concentrated Growth, Transamerica Core Bond,
Transamerica Dividend Focused, Transamerica Dynamic
Allocation, Transamerica Dynamic Income, Transamerica
Emerging Markets Debt, Transamerica Emerging Markets
Equity, Transamerica Event Driven, Transamerica Floating
Rate, Transamerica Global Equity, Transamerica Global Real
Estate Securities, Transamerica Government Money Market,
Transamerica Growth, Transamerica High Quality Bond,
Transamerica High Yield Bond, Transamerica High Yield
Muni,  Transamerica Inflation-Protected Securities,
Transamerica Inflation Opportunities, Transamerica
Intermediate Bond, Transamerica Intermediate Muni,
Transamerica International Equity, Transamerica International
Growth, Transamerica International Small Cap Value,
Transamerica International Stock, Transamerica International
Value, Transamerica Large Cap Value, Transamerica Large
Core, Transamerica Large Growth, Transamerica Large Value
Opportunities, Transamerica Long/Short Strategy,
Transamerica Mid Cap Growth, Transamerica Mid Cap Value,
Transamerica Mid Cap Value Opportunities, Transamerica
MLP & Energy Income, Transamerica Multi-Cap Growth,
Transamerica Multi-Managed Balanced, Transamerica Short-
Term Bond, Transamerica Small Cap Core, Transamerica
Small Cap Growth, Transamerica Small Cap Value,
Transamerica Small/Mid Cap Value, Transamerica Strategic
High Income, Transamerica Total Return, Transamerica
Unconstrained Bond and Transamerica US Growth and the
consolidated financial statements of Transamerica Global
Multifactor Macro and Transamerica Managed Futures
Strategy (sixty-nine of the Funds comprising the Transamerica
Funds, collectively, the "Funds") as of and for the year or
periods ended October 31, 2018, in accordance with the
standards of the Public Company Accounting Oversight Board
(United States), we considered the Funds' internal control over
financial reporting, including controls over safeguarding
securities, as a basis for designing our auditing procedures for
the purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form  N-
CEN, but not for the purpose of expressing an opinion on the
effectiveness of the Funds' internal control over financial
reporting. Accordingly, we express no such opinion.

The management of the Funds is responsible for establishing
and maintaining effective internal control over financial
reporting. In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected
benefits and related costs of controls. A company's internal
control over financial reporting is a process designed to
provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements
for external purposes in accordance with U.S. generally
accepted accounting principles. A company's internal control
over financial reporting includes those policies and procedures
that (1) pertain to the maintenance of records that, in
reasonable detail, accurately and fairly reflect the transactions
and dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as
necessary to permit preparation of financial statements in
accordance with U.S. generally accepted accounting
principles, and that receipts and expenditures of the company
are being made only in accordance with authorizations of
management and directors of the company; and (3) provide
reasonable assurance regarding prevention or timely detection
of unauthorized acquisition, use or disposition of a company's
assets that could have a material effect on the financial
statements.

Because of its inherent limitations, internal control over
financial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to future
periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the
degree of compliance with the policies or procedures may
deteriorate.

A deficiency in internal control over financial reporting exists
when the design or operation of a control does not allow
management or employees, in the normal course of
performing their assigned functions, to prevent or detect
misstatements on a timely basis. A material weakness is a
deficiency, or a combination of deficiencies, in internal
control over financial reporting, such that there is a reasonable
possibility that a material misstatement of the company's
annual or interim financial statements will not be prevented or
detected on a timely basis.

Our consideration of the Funds' internal control over financial
reporting was for the limited purpose described in the first
paragraph and would not necessarily disclose all deficiencies
in internal control that might be material weaknesses under
standards established by the Public Company Accounting
Oversight Board (United States). However, we noted no
deficiencies in the Funds' internal control over financial
reporting and its operation, including controls over
safeguarding securities that we consider to be a material
weakness as defined above as of October 31, 2018.

This report is intended solely for the information and use of
management and the Board of Trustees of the Funds and the
Securities and Exchange Commission and is not intended to be
and should not be used by anyone other than these specified
parties.



/s/ Ernst & Young LLP



Boston, Massachusetts
December 24, 2018