Three ways to buy Thrivent funds

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MUTUAL FUNDS

Thrivent Account

You can purchase mutual funds right on our site with an online account.

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Buy with a Thrivent account

  • Set up an account starting with as little as $50 per month.1
  • Access your online account at your convenience.
  • Purchase funds without transaction fees or sales charges.

MUTUAL FUNDS & ETFS

Financial Professional

For guidance when investing, ask a financial professional about buying Thrivent mutual funds & ETFs.

Contact a Thrivent advisor

Buy 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.

MUTUAL FUNDS & ETFS

Brokerage Account

If you already have a brokerage account, our mutual funds & ETFs can be purchased through online brokerage platforms by searching for Thrivent Mutual Funds and ETFs.

Buy with 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.

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

 

Need more help?

If you need assistance, we’re here to help. Reach out to us via the phone, email, and support page information below.

 

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. For example:

 - 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.

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. 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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OUR VIEW

A look ahead: First quarter 2023 outlook

01/24/2023

01/24/2023

The road ahead
  • We believe interest rates and bond yields will remain at a higher level, but we don’t expect them to surge significantly higher. Also, longer-term yields likely have peaked, reflecting growing concerns over a slowing economy and recession risks. After years of providing meager yields, fixed income has begun offering higher yields for investors.
  • Higher bond yields are indeed somewhat of an alternative to equities in the short-term, given the continuing uncertain environment for higher risk assets. However, equity valuation is much more reasonable relative to historical metrics. Earnings results are always important for stocks, but in the current environment, they take on even more significance.
  • An uncertain earnings environment is a key reason to maintain a cautious stance on equities to start 2023. Also, it seems likely a new cyclical leadership change is now developing as value and small cap segments could lead the overall market. While caution is warranted, volatility is likely to become increasingly two-sided with the potential for large downdrafts but also strong rallies. As the year progresses closer to 2024, we expect markets to increasingly look forward to the prospect of stabilizing growth. Investors should be prepared to position their portfolios for a possible market recovery, as markets can gap up just as intensely as they moved down.

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Asset allocation views: Current outlook

Tactical vs. peers position

 

Equity vs. Fixed Income

There have been just 3 occasions upon which the S&P 500® index experienced an annual return worse than 2022’s nearly 20% decline (1974, 2002, 2008). Each of those years saw significant rallies over the year that followed (1975, 31.5%; 2003, 26.4%; and 2009, 23.5%). Moreover, S&P 500 returns are positive approximately 80% of the time in the full year following any down year.

The Federal Reserve (Fed) has slowed the pace of the Fed Funds hikes, but the tightening cycle has yet to reach its climax and the risk of a Fed-induced recession continues to rise.

Inflation has cooled, but with the Fed looking to achieve and maintain a restrictive environment, it is likely that markets will continue to experience above-average volatility.

Presently, Thrivent retains a small equity bias relative to fixed income.

Equities

Equities

 

U.S. vs. Int'l.

We are modestly underweight international in both developed and emerging markets.

We favor domestic over international in the intermediate-to-long term for a variety of reasons, including peak globalization and the increase in reshoring by U.S. companies, a higher degree of innovation domestically, greater demographic challenges internationally, structural issues in Europe and a more favorable climate for businesses (e.g. regulation) domestically.

China’s reopening after almost three years of travel restrictions and lock-downs to varying degrees, the related boost to international economies, and a recently weakening dollar’s relief to emerging markets are occurring in a favorable relative valuation environment for foreign markets.

 

Market Cap

We are overweight both small and mid (smid) caps, with a bigger overweight to mid caps. When they outperform large caps significantly, small and mid tend to do so simultaneously.

Small cap valuations are quite low both on an absolute basis and relative to large caps. Additionally, sentiment is generally low, which often favors small caps.

Small caps will likely need to see economic prospects stop deteriorating and a risk appetite return to equity markets before a more sustained period of outperformance can occur versus large caps.

Despite the relative valuation, small caps are at risk of underperformance should more than a modest recession occur.

Fixed-income

 

Duration

We believe that, as inflation is significantly higher than 2% and employment and the economy remain strong, the Fed will remain in tightening mode, with short-term rates rising with Fed Funds.

Longer-term rates, however, likely have peaked absent an unexpected inflation surge. We expect long-term rates to be steady to down, reflecting concerns over the economy and falling inflation.

 

Yield Curve

An inversion of multiple Treasury yield curves occurred in 2022. This an ominous signal that a recession is forthcoming.

We believe the Fed will continue its tight policy to reverse inflation. This would cause the curve to continue inverting. The bulk of the increase in rates will be on the short end, while long-term interest rates should hover near neutral or even fall a bit.

 

Credit Quality1

In 2022, credit returns were sharply negative due to higher interest rates and wider credit spreads.

In 2023, we expect credit markets to be increasingly driven by concerns over a slowing economy and the possibility of a recession due to tightening financial conditions.

If the economy significantly slows, credit spreads have meaningful downside with defaults likely rising in lower-quality credit.

We intend to tactically lower credit risk should the probability of a recession increase further than our expectations. If spreads increase to around average recessionary levels, we intend to start adding back credit risk.

1 Credit Quality ratings are determined by credit rating agencies Moody’s Investor Services, Inc. or Standard & Poor’s Financial Services, LLC.

The Senior Investment Team is discussing the asset classes, sectors and portfolios they oversee at a macroeconomic level. The views expressed are as of the date given unless otherwise noted and 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 recommendations of any particular security, strategy or product.

Past performance is not necessarily indicative of future results.

Related insights

August 2023 Market Update

08/07/2023

Stock rally continues

Stock rally continues

Stock rally continues

U.S. stocks rallied again in July, with both the S&P 500 Index and the NASDAQ Composite Index generating the strongest performance in the first seven months of a year since 1997. July’s performance was notable for seeing a rise in all 11 sectors of the S&P 500 Index, led by Energy, which was supported by a surge in oil prices over the month.

U.S. stocks rallied again in July, with both the S&P 500 Index and the NASDAQ Composite Index generating the strongest performance in the first seven months of a year since 1997. July’s performance was notable for seeing a rise in all 11 sectors of the S&P 500 Index, led by Energy, which was supported by a surge in oil prices over the month.

08/07/2023

Market Update [VIDEO]

08/04/2023

August 2023 Thrivent market & economic update [VIDEO]

August 2023 Thrivent market & economic update [VIDEO]

August 2023 Thrivent market & economic update [VIDEO]

Chief Financial & Investment Officer David Royal and other Thrivent investment leaders provide their advice and insights on a variety of topics related to the economy and recent market behavior.

Chief Financial & Investment Officer David Royal and other Thrivent investment leaders provide their advice and insights on a variety of topics related to the economy and recent market behavior.

08/04/2023