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.

 

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.

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Gene Walden
Senior Finance Editor

FEBRUARY 2022 MARKET UPDATE

Shaky start to 2022 as volatility rocks markets

Thrivent Asset Management Contributors to this report: Steve Lowe, CFA, Chief Investment Strategist; John Groton, Jr., CFA, Director of Administration and Materials & Energy Research; Matthew Finn, CFA, Head of Equity Mutual Funds; and Jeff Branstad, CFA, Model Portfolio Manager

02/07/2022
By Gene Walden, Senior Finance Editor | 02/07/2022

The stock market was off to a rough start in 2022, as concerns over inflation and anticipated moves by the Federal Reserve (Fed) drove the S&P 500® down by about 13% through the opening weeks of the year. While strong corporate earnings helped steady the market and regain some of the lost ground in the final week of January, the volatility continued in early February.

After a strong 4th quarter for the economy, real gross domestic product (GDP) growth was estimated at 5.7% for 2021, according to the U.S. Department of Commerce in its January 27 release. The report attributed the acceleration in GDP growth in the 4th quarter – estimated at an annualized rate of 6.9% – to “an upturn in exports and accelerations in private inventory investment and personal consumption expenditures (PCE).”

Disposable personal income increased by 0.3% in the 4th quarter, although real disposable personal income declined by 5.8% during the quarter, due in part to the impact of inflation. The PCE price index, which is one measure of inflation, increased by 5.5% in 2021.

During its January meeting, the Fed Board indicated that it expects to begin raising rates soon, stating: “with inflation well above 2% and a strong labor market, the committee expects it will soon be appropriate to raise the target range for the federal funds rate.” The Fed is expected to raise rates in increments of 0.25% at least twice during 2022 to help dampen inflation. The Fed has also signaled that it expects to start drawing down its $9 trillion balance sheet later this year shortly after its first rate hike.

Oil prices continued to climb amid rising global demand and increasing geopolitical tensions over the Ukrainian crisis. West Texas Intermediate, a grade of crude oil used as a benchmark in oil pricing, surged 17.21% in January.

Drilling down

U.S. stocks sink

The S&P 500 Index plunged 5.26% in January (with a total return, including dividends, of -5.17%), from 4,766.18 at the end of December to 4,515.55 at the January close. (The S&P 500 is a market-cap-weighted index that represents the average performance of a group of 500 large capitalization stocks.)

The NASDAQ Index fared even worse, down 8.98% for the month, from 15,644.97 at the close of December to 14,239.88 at the end of January. (The NASDAQ – National Association of Securities Dealers Automated Quotations – is an electronic stock exchange with more than 3,300 company listings.)

Retail sales slip

Retail sales declined 1.9% for the month in December, stunted by supply shortages and rising consumer prices, according to the January 14 Department of Commerce retail sales report. However, sales rose 16.9% year-over-year from December 2020 through December 2021, as businesses continued to rebound from the pandemic slowdown.

Building material sales were up 0.9% for the month of December and 12.5% year-over-year from December 2020, while department store sales were down 7.0% for the month but up 22.5% from a year earlier; auto sales were down 0.7% for the month but up 9.6% from a year earlier; and non-store retailers (primarily online) were down 8.7% for the month but up 10.7% from a year earlier. With consumers returning to restaurants and bars, sales at food services and drinking establishments were up 41.3% from a year earlier, although, with the Omicron variant surging, sales were down 0.8% for the month.

Employment gains dwarf expectations

Economists had expected a relatively low count of new jobs in January due to the impact of the Omicron variant, but instead, the U.S. added nearly half a million new jobs for the month.

According to the Employment Situation Report issued February 4 by the Department of Labor (DOL), the economy added 467,000 new jobs in January. Despite the gains, the unemployment rate ticked up 0.1% to 4.0%. Employment growth was particularly strong in several industries, including leisure and hospitality, professional and business service, retail trade, and transportation and warehousing.

Average hourly earnings for all employees on private nonfarm payrolls rose by $0.23 to $31.63 in December.

Energy booms while most sectors suffer

The Energy sector of the S&P 500 jumped 19.10% in January to lead all sectors. The only other sector in positive territory was Financials, up just 0.06%. Biggest losers for the month were Consumer Discretionary, down 9.68%, Real Estate, down 8.50%, Information Technology, down 6.89%, and Materials, down 6.84%.

The chart below shows the results of the 11 sectors for the past month:

Treasury yields rise

With inflation heating up and the Fed expected to begin raising rates, bond yields moved up 0.27% in January, with the yield on 10-year U.S. Treasuries rising from 1.51% at the end of December to 1.78% at the January close.

Oil prices surge

Rising global demand and geopolitical concerns over the crisis in Ukraine drove oil prices significantly higher in January, with the price of West Texas Intermediate surging 17.21% for the month, from $75.21 per barrel at the end of January to $88.15 at the January close. Gasoline prices also edged up 0.77% in January, with the average price per gallon rising from $3.38 at the end of December to $3.42 at the end of January.

International equities stumble

International equities moved in sync with falling U.S. stocks in January, with the MSCI EAFE Index dropping 4.86% for the month, from 2,336.07 at the end of December to 2,222.45 at the January close. (The MSCI EAFE Index tracks developed-economy stocks in Europe, Asia, and Australia.)


Media contact: Samantha Mehrotra, 612-844-4197; samantha.mehrotra@thrivent.com

All information and representations herein are as of 02/07/2022, 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.

Any indexes shown are unmanaged and do not reflect the typical costs of investing. Investors cannot invest directly in an index.

Past performance is not necessarily indicative of future results.

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December 2022 Market Update

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Inflation shows signs of moderating, but Fed still unconvinced

Oil and gasoline prices have fallen, housing sales have stalled, used car prices have dropped, manufacturing activity has contracted, and the increase in the Consumer Price Index, a common measure of inflation, has moderated. While several other areas of the economy have not yet shaken rising costs, there are signs that inflation is slowing.

Oil and gasoline prices have fallen, housing sales have stalled, used car prices have dropped, manufacturing activity has contracted, and the increase in the Consumer Price Index, a common measure of inflation, has moderated. While several other areas of the economy have not yet shaken rising costs, there are signs that inflation is slowing.

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A low-cost retirement plan for small business owners

A low-cost retirement plan for small business owners

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Small business owners can offer employees (and themselves) a tax-deferred retirement savings plan similar to the plans offered by larger corporations – but without incurring the high start-up and operating costs of a conventional retirement savings plan such as a 401(k).

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If you’re self-employed, you can still benefit from a tax-deferred retirement plan

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If you’re self-employed, you can open a Simplified Employee Pension Plan (SEP) that may allow you to contribute thousands of dollars each year to a tax-deferred account. Learn more.

If you’re self-employed, you can open a Simplified Employee Pension Plan (SEP) that may allow you to contribute thousands of dollars each year to a tax-deferred account. Learn more.

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