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.

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.

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 2024 outlook

01/11/2024

07/13/2023

A look ahead: First quarter 2024 outlook

A look ahead: 2024 outlook

If we are right that inflation could fall faster than usual, and the U.S. economy manages to muddle through the lagged effect of monetary tightening over the course of 2024, it will have navigated one of the most aggressive U.S. Federal Reserve (Fed) tightening cycles in 50 years without falling into recession.

Inflation didn’t spike in recent years because the economy was too strong, fueled by over investment or excess corporate/consumer borrowing. Rather, inflation surged because a global pandemic upended the global economy, provoking both historic fiscal stimulus and a historic supply-chain morass that created deep and sustained shortages of core goods.

Interest-rate markets have started to forecast more aggressive Fed rate cuts in 2024 in response to falling inflation. Between five and six rate cuts are priced into the short end of the yield curve. While we agree with this bullish sentiment, this many rate cuts strikes us as optimistic given current economic data.

If the economy manages a soft landing, the strength of the “Magnificent Seven” companies that led performance in 2023 should widen to the other 493. With earnings growth—which we believe drives markets in the long-run—recently turning positive on a quarterly basis for the first time in a year, that process may have already begun.


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Asset allocation views: Current outlook


 

Equity vs. Fixed Income

Whether considering budget battles on Capitol Hill, the sharp disagreement between the markets Equity and the Federal Reserve (Fed), or actual wars in various regions around the world, the cumulative weight of the conflict, and its potential impact on the financial markets, can’t be ignored. Our allocations maintain a small equity overweight and a bias toward adding to that weight, given further weakness.

While it’s not unusual to string back-to-back years of above-average performance together, the feat does not come without challenges.

Despite near-term risks persisting, we suspect the general trend will persist, albeit less aggressively. As such, we continue to maintain a small equity bias.

Equities

Equities

 

U.S. vs. Int’l.

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

International markets may provide some safety on a relative basis in the event the largest names in the S&P 500 give back some of their massive 2023 gains.

While we are not calling for international markets to outperform in the near-term, we retain the capacity to add to our international underweighting if that occurs.


 

Market Cap

Our overweighting to small-mid (SMID) is concentrated in mid-caps, while we maintain an overweighting to large-caps.

With the high likelihood of rate cuts this year by the Fed, history suggests that the advantage is skewed in favor of large caps given their higher quality. This was the case even for the soft-landing scenario of 1995.

The prior outperformance of a select group of large cap stocks, combined with lower rates while avoiding a recession (i.e., a soft landing) may provide an environment conducive for SMID caps to make up some ground.

Fixed-income

 

Duration

Long-term interest rates such as the 10-year Treasury were volatile in the quarter, rising sharply on better-than-expected economic data and concerns over growing Treasury bond issuance.

We expect the Fed to start cutting rates around mid-year. The risk to this view is that inflation comes in higher than expectations and prompts the Fed to hold rates high longer or hike again.

We are modestly long duration with roughly neutral positioning across the curve.

We expect rates to be volatile but move lower through 2024 through a combination of lower inflation and slowing economic growth.


 

Credit Quality1

Fixed income credit spreads rallied substantially in the fourth quarter on expectations that the Fed would stop interest rate increases and eventually cut.

Spreads in high-yield and investment-grade corporate bonds entered 2024 below long-term averages.

We expect slowing economic growth and higher defaults, but default rates should remain below prior recessionary peaks given overall solid fundamentals.

Defaults are likely to increase for leveraged loans, where credit quality has deteriorated more.


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.

Investing involves risks, including the possible loss of principal.