Tax day is now extended to May 17, 2021. Visit the Tax Resource Center to help you prepare.

How to buy mutual funds from Thrivent

We’re delighted you’re considering Thrivent Mutual Funds. No matter how you buy, we’re here to help you invest with confidence.

Buy online through Thrivent 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 through a financial professional

Need more guidance? Ask your financial professional about Thrivent Mutual Funds.

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 an investment account

Our funds can be purchased through other online brokerage platforms. Search for Thrivent Mutual Funds when making your selections.

Why buy through a brokerage account?

  • Add Thrivent Mutual Funds to 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.


Need more help?

Call or email us.

M-F, 8 a.m. – 6 p.m. CT
Say “” for faster service. or,
Visit our support page


1 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. $50 a month automatic investment does not apply to the Thrivent Money Market Fund or Thrivent Limited Maturity Bond Fund, which have a minimum monthly investment of $100.

Now leaving


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.

Gene Walden
Senior Finance Editor
Jeff Branstad
Senior Investment Product Strategist


Is now the time to consider actively-managed funds?

By Gene Walden, Senior Finance Editor | 12/01/2016

No question, index funds have enjoyed strong performance the past seven years during the second longest bull market run in U.S. history. But if the market should stumble under the weight of the recent tepid economic conditions and the prospect of rising interest rates, a new Thrivent Mutual Funds Active vs. Passive Study suggests that investors in index funds may be well served to consider switching their dollars to actively-managed funds.

The study shows that during the two market crashes of the 21st Century, the S&P 500 significantly trailed actively-managed large cap no-load funds.  In fact, as the following graphs demonstrate, the index wouldn’t even have ranked in the top 50% in terms of performance during a single 12-month stretch of the Dot-Com Crash of 2000 – 2003, and would have trailed its peer group during 93.1% of the Global Financial Crisis of 2007 – 2009:

In fact, as the next graph shows, the index trailed the universe of actively-managed large cap no-load  funds the majority of the time over the entire course of the volatile decade of 2000 through 2009.

The S&P 500 is not the only index to experience sub-par performance relative to actively-managed funds during bear markets and extended periods. The study also focused on the Russell 2000 Index of small stocks.

While the Russell 2000 has done well versus the actively-managed fund universe during most of the recent bull market, it would have ranked in the bottom (4th) quartile of the small cap category during 90.3% of the 31 rolling 12-month periods of the Dot-Com Crash. In fact, the index would have ranked in the bottom half of corresponding actively-managed, no-load funds the majority of the time over the past 25 years, dating back to 1992, as the following chart shows.

Why Now?

If you’re concerned that the long bull market run is winding down or that the recent rise in interest rates will continue, or if you’re apprehensive about the uncertainty of a new administration, this may be the time to consider switching from index funds to actively-managed funds. While past performance is no guarantee of future results, as the Thrivent Mutual Funds Active vs. Passive Study demonstrated, the no-load actively-managed funds in the study have done a better job of limiting losses than their corresponding indexes during the recent bear markets and volatile market stretches.

To achieve even greater diversification, investors may consider actively-managed asset allocation funds, which offer broad diversification across multiple asset classes.  While diversification does not eliminate risk, it generally helps reduce losses during steep stock market declines.

Here are several other reasons to consider switching to actively-managed funds:

  • Flexibility. Some managed funds have done better than index funds during down markets due, in part, we believe, to the fact that fund managers have had the ability to make some adjustments in their portfolios to reduce the stocks or sectors that appear the most problematic. Investment managers can also use risk management techniques and diversification that seek to provide similar returns to the market with lower risk and volatility.  
  • Help when needed most. A rising tide lifts all boats. Ever since the Federal Reserve launched quantitative easing activities intended to stabilize the economy and lower interest rates, all of that extra capital in the system has flowed to equities across the board, boosting market returns while greatly increasing correlations among stocks. That means that all equities, even stocks that many active managers think are unattractive, have generally gone up together, with higher risk companies that carry more debt on their books actually leading the way as the low interest rates have distorted the risks inherent in holding too much debt. 
    • That’s been an advantage for index funds, since they own all equities, even those presumably “higher risk” stocks that active managers are avoiding. But while an index fund may (or may not) offer better returns in a bull market, active managers tend to provide their greatest value during bear markets when investors need their help the most. Normally, and particularly so in bear markets, stocks experience a wide variety of rates of return, meaning that index funds will be exposed to both the good performers and the bad, while active managers have a better opportunity to avoid those bad performers.
  • A better chance to beat the market. The fact is index funds perpetually trail the market by a small margin. Their costs, while minimal, create a small differential between the market performance and their own returns. As the study demonstrates, in any given year, actively-managed funds can, and have, outperformed the market.
  • Active funds have responded by lowering fees. Actively-managed mutual funds have responded to the low fees of index funds by lowering their own fees over the past 20 years. According to the Investment Company Institute, the average equity mutual fund expense ratio was 1.08% in 1994 and dropped to just 0.68% in 2015.The lower fees would add, on average, about 0.40% per year to the returns of actively-managed funds. With all other expenses remaining the same, in general, lowering fees results in an increase to the total returns of equity mutual funds.
  • Limiting market losses can speed up your recovery. Actively managed funds may not always cut your losses, but if you are successful in reducing your losses in a down market through an actively-managed fund, the road to recovery becomes much easier. In fact, the bigger the loss, the more difficult it becomes to recover from that loss. For instance, for a 5% loss, you would need a gain of 5.26% to restore your portfolio to its previous level. But with a 20% loss, you would need a gain of 25% to get back to even; a 30% loss would require a gain of 42.9% to fully recover; and a 50% loss would require a 100% gain to bring the portfolio back to its previous level. 

In terms of pure long-term performance, index funds may (or may not) have a slight edge. But when the chips are down and the markets are reeling, the Thrivent Mutual Funds study suggests that you may be better served to have an active manager in your corner making the crucial decisions.


The tables below summarize some of the key results of the study during the Dot-Com Crash, the Global Financial Crisis and the decade of 2000 – 2010.

The table headings include: Lipper funds category (“large cap core” or “small cap core”), Index (S&P 500 or Russell 2000), the four performance quartiles (the higher the percentage the worse the relative performance), and the Average Percentile Ranking.

The Average Percentile Ranking is not tied to the quartile rankings, and provides a different vantage point on the comparative performance. It measures the average percentile of how they ranked over the given period of time. As with the quartile rankings, a lower percentage indicates better performance while a higher percentage indicates worse performance. For example, in the Dot-Com Crash table below, the average percentage of the S&P 500 was 70.6%, which put it in the bottom 30% among all funds in that category.  The Russell 2000 Index fared even worse with an 81.9% average percentage – which means it would have ranked in the bottom 18.1% of funds in the small cap category.

In the following charts, please keep in mind that the 1st quartile represents the best performance and the 4th quartile represents the worst. For example, in the first table entitled “Dot-Com Crash,” you will see “0.0%” in the 1st and 2nd quartiles for each of the two indexes. That indicates that neither the S&P 500 nor the Russell 2000 would have ranked in the top half (1st or 2nd quartiles) in performance in their respective actively-managed no-load fund groups during a single 12-month period from Sept. 31, 2000 through March 31, 2003.

To read the complete report, with full research and ranking methodology and expanded findings, go to Thrivent Mutual Funds Active vs. Passive Study.

Thrivent Mutual Funds offers a family of more than 20 mutual funds actively-managed by our more than 100 investment professionals. Investors can choose to build their own diversified portfolio with a combination of Thrivent Equity Funds and Thrivent Fixed Income Funds or let us do it for them with one of our diversified Thrivent Asset Allocation Funds or Thrivent Income Plus Funds.

1Fee rate study conducted by Investment Company Institute; released March 2016

All information and representations herein are as of 12/01/2016, unless otherwise noted.

The views expressed are as of the date given, may change as market or other conditions change, and may differ from views expressed by other Thrivent Asset Management, LLC associates. Actual investment decisions made by Thrivent Asset Management, LLC will not necessarily reflect the views expressed. This information should not be considered investment advice or a recommendation of any particular security, strategy or product. Investment decisions should always be made based on an investor's specific financial needs, objectives, goals, time horizon, and risk tolerance.

This article refers to specific securities which Thrivent Mutual Funds may own. A complete listing of the holdings for each of the Thrivent Mutual Funds is available on

S&P 500® Index is a market-cap weighted index that represents the average performance of a group of 500 large-capitalization stocks.

Russell 2000® Index measures the performance of U.S. small-capitalization equities. 

Related Reading


How to invest and save for your child's future

How to invest and save for your child's future

How to invest and save for your child's future

It’s never too early to begin investing for your child’s future. Whether you have a new baby or a toddler running around the house, it’s worth coming up with a plan. Even if you only put away a small amount each month, every bit can make a big difference later.

It’s never too early to begin investing for your child’s future. Whether you have a new baby or a toddler running around the house, it’s worth coming up with a plan. Even if you only put away a small amount each month, every bit can make a big difference later.



Investing $50 a month could add up nicely for your retirement

Investing $50 a month could add up nicely for your retirement

Investing $50 a month could add up nicely for your retirement

It’s a common myth that you need a few thousand dollars to begin investing. It actually works in your favor to start investing early — even with as little as $50 a month — rather than to wait until you have a few thousand dollars saved up.

It’s a common myth that you need a few thousand dollars to begin investing. It actually works in your favor to start investing early — even with as little as $50 a month — rather than to wait until you have a few thousand dollars saved up.