Three ways to buy Thrivent funds

We’re here to help you invest with confidence.

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.

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.

MARKET VOLATILITY

Interest rates & liquidity challenges drive collapse of two regional banks

03/14/2023

By Steve Lowe, CFA, Chief Investment Strategist | 03/14/2023

On March 10, regional bank Silicon Valley Bank (SVB) collapsed and Signature Bank, another regional bank, was closed by regulators over that following weekend. The Federal Deposit Insurance Corporation (FDIC), Federal Reserve and US Treasury created a backstop to protect uninsured deposits at the two regional banks. The failure of these two regional banks shook investors on Monday, March 13, as they looked at factors behind the collapses.

Steve Lowe, Chief Investment Strategist at Thrivent, shares insights below.

Silicon Valley Bank and Signature Bank had narrow, unique business profiles

Silicon Valley Bank and Signature Bank had business profiles different from most banks, with Silicon Valley Bank focused on start-up firms and technology companies, and Signature on the cryptocurrency industry. In addition to a relatively narrow customer base, both banks had an overly large share of uninsured deposits. (FDIC insurance typically covers the first $250,000 in deposits, so anything over that amount is considered uninsured.)

As concerns increased about the banks’ financial profiles, clients with uninsured deposits rushed to withdraw money, precipitating a liquidity crisis at the banks. Silicon Valley Bank and Signature Bank both suffered from large deposit outflows in a very short time period and were unable to bolster their financial standing before regulators shut them down.

Rising rates put pressure on borrowing and lower liquidity

Interest rates have risen substantially over the past year after a prolonged period of low rates. As a result, the cost to borrow money has increased, which has tightened financial conditions and lowered liquidity. This can create stresses in a certain part of the markets. In the case of Silicon Valley Bank, many of their clients were start-up companies dependent on fundraising and they began to withdraw their deposits as their investments consumed cash. At the same time, higher interest rates decreased the value of the bank’s longer-maturity bond portfolio, which was subject to market pricing. To meet withdrawal demand, Silicon Valley Bank attempted to raise equity funding to strengthen its financial position, but was unable to proceed due to volatility in its stock price. This led to depositors withdrawing their deposits rapidly, resulting in intervention from regulators.

Regulators stepped in to stabilize banking system

The FDIC stepped in and said it will protect all depositors from losses, including depositors who had deposits in excess of the current $250,000 limit on insured depositors. Any losses to the Deposit Insurance Fund, which is the private insurance provider devoted to ensuring the deposits of individuals covered by the FDIC, will be recovered by special assessments on banks.

The Federal Reserve Board also made additional funding available to banks to help them meet the withdrawals of depositors. This step helps the banks turn assets such as Treasury bonds and mortgage-backed securities into cash as needed. This so-called Bank Term Funding Program provides loans to banks for up to a year in exchange for collateral, such as Treasury bonds. The collateral will be valued at par (face value of the bond) versus market value, which for many bonds has declined given higher interest rates.

These steps help stabilize the banking system by ensuring banks have the liquidity to meet withdrawals and by protecting depositors.

Markets watch for signs of stresses in banks with similar profiles

Markets are concerned that banks with similar business profiles could be stressed and subject to deposit runs along with concerns about unrealized losses in investment securities, such as Treasuries. These banks include smaller regional banks, particularly ones that specialize in servicing start-up technology companies and venture capital firms. The steps taken by the FDIC and Federal Reserve should help prevent failures by guaranteeing access to deposits and thus stemming deposit outflows, and by providing funding to banks to improve liquidity. Shareholders and unsecured creditors such as bondholders, however, have not been protected from losses.

Currently, the banking system as a whole is very well capitalized. Rising interest rates, however, can result in stresses in financial markets. Unlike the financial crisis in 2008, the current situation is focused on a few smaller regional banks that have liquidity problems.

Investors should keep their long-term goals in mind

It can be unsettling whenever the markets experience unexpected volatility, but making a quick decision is rarely a good idea. Your financial advisor can be a great resource to help you keep your long-term goals in mind as you determine if you want to make adjustments to your investment portfolio.


All information and representations herein are as of 03/14/2023, 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.

Steve Lowe, CFA
Chief Investment Strategist

Investing Insights newsletter

A monthly digest of market events and our perspectives around them.


Wall Street to Your Street alerts

A timely alert of newly-posted market updates.


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