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New funds target all-in-one international investing and retirement growth
Thrivent Partner Worldwide Allocation Fund and Thrivent Equity Income Plus Fund launched
| View Thrivent Partner Worldwide Allocation Fund Video
MINNEAPOLIS (March 10, 2008) – Thrivent Asset Management recently launched two new mutual funds to offer investors simple access to diversified international investing and to help protect investors in retirement from inflation. “These two funds are designed to meet two important investment needs of our members – a one-stop way to invest internationally, and an equity investment option for our members who are near or in retirement,” said Russell Swansen, senior vice president and chief investment officer. An international solution: Thrivent Partner Worldwide Allocation Fund While the declining dollar and concerns about inflation have made international investing a crucial aspect of a diverse portfolio, investors also need to consider appropriate diversification within their international investments. Thrivent Asset Management launched a broadly diversified mutual fund subadvised by some of the world’s experts in international investing: the Thrivent Partner Worldwide Allocation Fund. “The Thrivent Partner Worldwide Allocation Fund is a unique international all-in-one solution designed to provide the same strategic level of diversification typically associated with domestic investments, but from an international perspective,” said Swansen. The Thrivent Partner Worldwide Allocation Fund invests in several different asset classes. Target portfolio diversification for the fund includes the following asset classes: • International large cap growth equities: 30% • International large cap value equities: 30% • Small and mid cap international equities: 15% • Emerging markets equities: 15% • Emerging market debt: 10% The fund is subadvised by five firms known for their international investing expertise: Principal Global Investors and Mercator Asset Management (large cap growth and large cap value asset classes), Goldman Sachs (emerging market debt), Victory Capital Management (small cap international) and Aberdeen Asset Management (emerging markets). Risks: Foreign investments involve additional risks including currency fluctuations, greater political, economic and market instability, and different accounting standards. These risks are magnified when the Fund invests in emerging markets which may be smaller and less liquid than domestic markets. Prices of small- and medium-sized companies are generally more volatile than larger companies. The allocation strategies used may not produce the desired results. These and other risks are described in the Fund’s prospectus. Staying ahead of inflation: Thrivent Equity Income Plus Fund According to a Thrivent Financial survey of baby boomers, lack of money is the number one issue that they fear will interfere with their envisioned retirement*. Increasing inflation, longer life spans and higher medical costs all contribute to retirees’ need to continue to grow their assets in retirement. “Today’s retirement landscape requires more than just shifting all of one’s money into a money market fund,” said Swansen. “The Thrivent Equity Income Plus Fund aims to help retirees and baby boomers beat the problem of potentially outliving their retirement savings by providing appropriate equity exposure.” The Thrivent Equity Income Plus Fund is an equity fund that aims to help protect investors in retirement from inflation. The fund invests in domestic and international dividend-paying stocks; preferred stocks; and domestic and international real estate investment trusts. The fund is managed by David Spangler and Kevin Brimmer of Thrivent Asset Management. Risks: Stocks are subject to the basic market and volatility risks in that a particular security, or securities in general, may decrease in value over short or even extended time periods. Volatility risk is the risk that certain types of securities shift in and out of favor depending on market and economic conditions as well as investor sentiment. Foreign investments involve additional risks, including currency fluctuations, greater political, economic and market instability, and different accounting standards. These risks are magnified when the Fund invests in emerging markets which may be smaller and less liquid than domestic markets. Real estate security prices are influenced by the underlying value of properties owned by the company, which may be influenced by the supply and demand for space and other factors. The real estate industry is cyclical, and the underlying value of securities issued by companies doing business in the real estate industry may be illiquid and fluctuate in value. Preferred securities have certain additional risks, including, but not limited to: they may include provisions that permit the issuer, at its discretion, to defer or omit distributions for a stated period without any adverse consequences to the issuer. These and other risks are described in the Fund’s prospectus. The Thrivent Partner Worldwide Allocation Fund and Thrivent Equity Income Plus Fund are offered through Thrivent Financial’s network of 2,600 registered representatives. These representatives also offer a broad range of other financial products and services, including life insurance, variable and fixed annuities, disability income insurance and more. *Thrivent Financial for Lutherans fall 2006 survey of 2,500 adults ages 45-64. Investing in a mutual fund involves risks, including the possible loss of principal. The prospectus contains more complete information on the investment objectives, risks, charges and expenses of the investment company which investors should read and consider carefully before investing. To obtain a prospectus contact a registered representative or visit www.thrivent.com. About Thrivent Asset Management Thrivent Asset Management is a registered investment adviser and wholly owned subsidiary of Thrivent Financial for Lutherans, a Fortune 500 financial services membership organization helping nearly 3 million members achieve their financial goals and give back to their communities. Thrivent Financial and its affiliates offer a broad range of financial products and services including life insurance, annuities, mutual funds, disability income insurance, bank products and more. As a not-for-profit organization, Thrivent Financial sponsors national outreach programs and activities that support congregations, schools, charitable organizations and individuals in need. For more information, visit www.thrivent.com. Securities are offered through Thrivent Investment Management Inc., 625 Fourth Ave. South, Minneapolis, MN 55415-1665, 800-THRIVENT (800-847-4836) a wholly owned subsidiary of Thrivent Financial for Lutherans. Member FINRA. Member SIPC. |
Related Links
Thrivent Asset Management
Thrivent Partner Worldwide Allocation Fund
Thrivent Equity Income Plus Fund
Thrivent Financial for Lutherans
Thrivent Partner Worldwide Allocation Fund Video
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