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Equity Funds

Thrivent Partner Worldwide Allocation Fund(TWAAX)

You own shares of this fund

Class
Mutual Funds may offer different "classes" of shares. Classes indicate the type and number of fees or expenses an investor can expect to pay for shares in a fund.

Class S
These are no-load funds, meaning there are no front-end or back-end sales charges to purchase or sell shares.  Prior to Feb 1, 2016, Class S shares were named Institutional Shares.

Class A
These are front-end load funds. These mutual funds are not currently available to new shareholders. Current shareholders who have purchased Class A shares need to work with a Thrivent Financial Representative or service their mutual fund accounts on Thrivent.com. 

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Class
Mutual Funds may offer different "classes" of shares. Classes indicate the type and number of fees or expenses an investor can expect to pay for shares in a fund.

Class S
These are no-load funds, meaning there are no front-end or back-end sales charges to purchase or sell shares.  Prior to Feb 1, 2016, Class S shares were named Institutional Shares.

Class A
These are front-end load funds. These mutual funds are not currently available to new shareholders. Current shareholders who have purchased Class A shares need to work with a Thrivent Financial Representative or service their mutual fund accounts on Thrivent.com. 

Growth of $10,000

(as of 10/31/2016)

A look at this fund’s performance over the past 10 years or since the fund's inception (if less than 10 years), based on how an initial $10,000 investment would have changed over time. Performance shown assumes the reinvestment of all dividends and capital gains but does not reflect the Fund’s sales charge. If the sales charge would be included, returns would have been lower. Performance of other share classes will vary from the results shown based on differences in fees and expenses.

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(as of 10/31/2016)

A look at this fund’s performance over the past 10 years or since the fund's inception (if less than 10 years), based on how an initial $10,000 investment would have changed over time. Performance shown assumes the reinvestment of all dividends and capital gains but does not reflect the Fund’s sales charge. If the sales charge would be included, returns would have been lower. Performance of other share classes will vary from the results shown based on differences in fees and expenses.

Growth of $10,000
Year Value
2008 6,287.39
2009 8,252.3
2010 9,337.99
2011 8,206.52
2012 9,748.93
2013 11,224.38
2014 10,671.91
2015 10,544.72

Risk Potential

Risk Potential
The potential for risk within the Thrivent Mutual Funds has been categorized into five levels: Conservative, Moderately Conservative, Moderate, Moderately Aggressive, and Aggressive, ranging from lower risk potential to higher risk potential. Funds on the lower risk portion of the scale (Conservative, Moderately Conservative) are expected to have a lower degree of volatility and price fluctuations while those on the higher risk portion of the scale (Aggressive, Moderately Aggressive) are expected to have a higher degree of volatility and price fluctuations.

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Risk Potential
The potential for risk within the Thrivent Mutual Funds has been categorized into five levels: Conservative, Moderately Conservative, Moderate, Moderately Aggressive, and Aggressive, ranging from lower risk potential to higher risk potential. Funds on the lower risk portion of the scale (Conservative, Moderately Conservative) are expected to have a lower degree of volatility and price fluctuations while those on the higher risk portion of the scale (Aggressive, Moderately Aggressive) are expected to have a higher degree of volatility and price fluctuations.

Moderately Aggressive

Target Allocation

Target Allocation
Shows a fund’s long-term target allocations (or mix of securities) based on asset class or world region.

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Target Allocation
Shows a fund’s long-term target allocations (or mix of securities) based on asset class or world region.

Developed 75%
Emerging 25%

Fund Highlights

Public Offering Price
The price at which the fund is offered to the public.

Net Asset Value
The NAV is the fund’s value or price per share. The NAV is calculated by dividing the market value of all the fund’s shares (minus its liabilities) by the number of issued shares.

Daily NAV Change
The daily NAV change is the difference between the fund’s current price per share and its price at the time of market close on the prior day.

Returns
Returns are calculated on a calendar-year and year-to-date basis. The total return includes both the fund’s increase in value and dividends.

Net Annual Fund Operating Expenses 
This is an annual fee charged to investors based on the percentage of assets used for fund expenses. These expenses may include 12b-1 fees, management costs, administrative fees, and other operating costs. The advisor of this fund has contractually agreed to waive certain fees and or reimburse certain expenses associated to this fund. Please see the Fees & Expenses for more information.

Sales Charges
The commission paid by an investor upon investment in a fund.

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Public Offering Price
The price at which the fund is offered to the public.

Net Asset Value
The NAV is the fund’s value or price per share. The NAV is calculated by dividing the market value of all the fund’s shares (minus its liabilities) by the number of issued shares.

Daily NAV Change
The daily NAV change is the difference between the fund’s current price per share and its price at the time of market close on the prior day.

Returns
Returns are calculated on a calendar-year and year-to-date basis. The total return includes both the fund’s increase in value and dividends.

Net Annual Fund Operating Expenses 
This is an annual fee charged to investors based on the percentage of assets used for fund expenses. These expenses may include 12b-1 fees, management costs, administrative fees, and other operating costs. The advisor of this fund has contractually agreed to waive certain fees and or reimburse certain expenses associated to this fund. Please see the Fees & Expenses for more information.

Sales Charges
The commission paid by an investor upon investment in a fund.

( as of )

Public Offering Price
N/A

Net Asset Value

Daily NAV Change
N/A

( as of 10/31/2016 )

Year to Date Return with Sales Charge
-0.72%

1 Year Return with Sales Charge
-2.35%
Net Annual Fund Operating Expenses
1.40%

Max Sales Charge
4.50%

Fund Overview

Thrivent Partner Worldwide Allocation Fund seeks long-term capital growth.

This fund is a well-diversified portfolio of global securities that is managed by a variety of different sub-advisors. It is designed to provide investors with an all-in-one solution for international investing and includes allocations to large, mid and small-cap international companies, across the growth, value, and core investment styles. The fund also provides exposure to the emerging market equity and emerging market debt markets. Investors should be comfortable with the high level of volatility that is associated with emerging market investing.

The fund seeks to achieve its objective by investing primarily in a portfolio of broadly-diversified international equity and debt securities. The fund has a long-term target allocation of approximately 30% international large cap growth, 30% international large cap value, 15% international small- and mid-cap companies, 15% emerging market equity and 10% emerging market debt securities. The fund utilizes a variety of sub-advisors to manage the various asset classes. Thrivent Asset Management makes asset allocation decisions among the various asset classes and selects and monitors the sub-advisors on an ongoing basis. Each of the portfolio management teams seeks to add value through security selection and active management, and monitors risk in an effort to build a well-diversified portfolio.

The Fund primarily invests in equity and debt securities of issuers throughout the world. Foreign investments involve additional risks, including currency fluctuations, liquidity, political, economic and market instability, and different legal and accounting standards; these risks are magnified for investments in emerging markets. The value of the Fund is influenced by factors impacting the overall market, certain asset classes, certain investment styles, and specific issuers. The Fund may incur losses due to incorrect assessments of investments by its investment advisors. Small and medium-sized companies often have greater price volatility and less liquidity than larger companies. Large cap companies may be unable to respond quickly to new competitive challenges a may not be able to attain a high growth rate. Bond prices generally fall as interest rates rise. Credit risk is the risk that an issuer of a debt security may not pay its debt, and high yield securities are subject to increased credit risk as well as liquidity risk. The investment styles employed by the Fund’s sub-advisor may not be complementary.

Class A accounts are serviced via Thrivent.com

Who Should Consider Investing?

The Fund may be suitable for investors who:

  • Seek long-term growth and a well-diversified, all-in-one solution for international investing
  • Have a long-term investment time horizon and a moderately aggressive risk tolerance
  • Are able to withstand a moderately high level of risk and volatility in pursuit of moderately high long-term returns

This Fund is managed by Thrivent Asset Management, LLC ("Thrivent Asset Mgt."), which has engaged Principal Global Investors, LLC ("Principal"), Aberdeen Asset Managers Limited ("Aberdeen"), and Goldman Sachs Asset Management, L.P. ("GSAM") to subadvise the Fund. Thrivent Asset Mgt. also manages a portion of the Fund.

Fund Details