Tax Day is April 18, 2023. Visit the Tax Resource Center to help you prepare.

How to buy mutual funds & ETFs from Thrivent

We’re delighted you’re considering our funds. No matter how you buy, we’re here to help you invest with confidence.

Buy mutual funds online through Thrivent Funds

To buy mutual funds you can open an account and purchase funds right on our site.

Why buy online?

  • Set up an account starting with as little as $50 per month1
  • Access your online account at your convenience.
  • Purchase funds without transaction fees or sales charges.

 

Buy funds through your financial professional

Need more guidance? Interested in an ETF? Ask your financial professional about Thrivent Mutual Funds and ETFs.

Why work with a financial professional?

  • Receive investment help from an experienced professional.
  • Build a relationship through in-person meetings.
  • Get help planning for life’s goals such as saving and retirement.

Additional fees may apply, when working with a financial professional.

 

Buy through your brokerage account

Our mutual funds & ETFs can be purchased through online brokerage platforms. Search for Thrivent Mutual Funds and ETFs when making your selections.

Why buy through a brokerage account?

  • Add Thrivent Mutual Funds and ETFs to your investments within your existing portfolio.
  • Take advantage of your account to keep your investments in one place.

Additional fees may apply.

 


Not quite ready?

We want you to invest your money wisely and with confidence. Here are some other options that may help you.

  • Determine your personal investment style by taking our quiz.
  • Talk to your financial advisor about ETFs.
  • Sign up for our monthly investing insights newsletter.

 

Need more help?
  • For mutual funds help, call us at 800-847-4836, or email contactus@thriventfunds.com.
  • For ETFs, contact your financial professional or brokerage firm.
  • For additional help visit our support page.

 

This ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. Expand for more info.
  • You may have to pay more money to trade the ETF’s shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information.
  • The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared to other ETFs because it provides less information to traders.
  • These additional risks may be even greater in bad or uncertain market conditions.
  • The ETF will publish on its website each day a “Proxy Portfolio” designed to help trading in shares of the ETF. While the Proxy Portfolio includes some of the ETF’s holdings, it is not the ETF’s actual portfolio.

The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s performance. For additional information regarding the unique attributes and risks of the ETF, see the Principal Risks section of the prospectus.

New accounts with a minimum investment amount of $50 are offered through the Thrivent Mutual Funds "automatic purchase plan." Otherwise, the minimum initial investment requirement is $2,000 for non-retirement accounts and $1,000 for IRA or tax-deferred accounts, minimum subsequent investment requirement is $50 for all account types. Account minimums for other options vary.

Thrivent ETFs may be purchased through your financial professional or brokerage platforms.

Contact your financial professional or brokerage firm to understand minimum investment amounts when purchasing a Thrivent ETF.

Now leaving ThriventFunds.com

 

You're about to visit a site that is neither owned nor operated by Thrivent Mutual Funds.

In the interest of protecting your information, we recommend you review the privacy policies at your destination site.

Coverdell Education Savings Account (CESA)

When it comes to providing for the kids you care about, every little bit helps. A Coverdell Education Savings Account (CESA) with Thrivent Mutual Funds allows you to save towards qualified educational expenses for a designated minor child, called the beneficiary.

Why it may be right for you

While a parent or guardian must open the account, grandparents and basically anyone else who wants to save towards a child’s education can contribute, if their Modified Adjusted Gross Income (MAGI) for the year is less than $110,000 for single tax filers or $220,000 for joint filers. 

A Coverdell Education Savings Account can be used towards qualifying K-12 expenses in addition to college costs, which can offer families more flexibility.

Coverdell highlights

Contribution limits
  • Limit of $2,000 per year, per student total from all contributors (across any/all educational savings accounts held).  
  • Contributions may be limited based on the contributors MAGI. See IRS Publication 970.
  • Not tax-deductible
  • No earned income requirement

Thrivent minimum investment
  • $1,000 per Thrivent mutual fund without recurring contributions, or
  • $50 monthly recurring contribution for all Thrivent mutual funds (also applies to subsequent investments)

Who has control
  • Parent or guardian controls until the student reaches the age of majority.  
  • Parent or guardian can elect to control for the lifetime of the account 

Distributions
  • Must be taken, or transferred to another family member by the time beneficiary reaches age 30, unless he or she has special needs

Tax benefits
  • Tax-deferred growth
  • Tax-free distributions if used for qualified education expenses
  • Income tax and a 10% early withdrawal penalty may apply if used for non-qualified expenses

Transfers
  • Assets may be transferred to another Coverdell Educational Savings Account for the same beneficiary or to another beneficiary in the same family who is under age 30 (no age restriction for beneficiary with special needs)

Qualifying expenses
  • K-12 and accredited postsecondary institutions: tuition, fees, books, supplies, room and board (limits apply), and required equipment and expenses for special needs services for special needs beneficiaries. K-12 only: tutoring, uniforms, transportation, supplementary items and services, technology-related expenses (Learn more about qualified expenses)

Thrivent Mutual Funds fees
  • Annual ESA custodial fee is $15 per beneficiary. Fee may be waived if you have $50,000 or more invested in Thrivent Mutual Funds.
  • Coverdell ESA closeout fee of $15 may apply if all accounts in the ESA custodial fee group are closed prior to the annual fee occurring.
  • Semiannual low balance fee of $10 may apply for those accounts not maintaining minimum balance requirements. See the Prospectus for more information
  • Additional account fees may apply for certain services and are redeemed directly from your account. Examples include overnight delivery or wire fees

Financial aid impact
  • Does this asset impact federal financial aid?
    • Yes, when combined value of assessable parents’ assets—including education savings account balances owned by the parent, student, and dependent siblings—exceed the parents’ asset-protection allowance1
    • No, when plan is owned by a non-household member such as a grandparent, aunt, etc., but withdrawals from third-party plans must be reported on the following year’s financial aid application and will impact future aid1

Additional documents

Higher Education Reconciliation Act of 2005