Products March 11, 2008

Thrivent Funds Offer International Investing and Inflation Protection

Thrivent Asset Management has launched two new mutual funds to offer investors access to diversified international investing and to help protect investors in retirement from inflation.
Reported by

A Thrivent press release said the Thrivent Partner Worldwide Allocation Fund invests in several different asset classes, including:

  • International large cap growth equities: 30%,
  • International large cap value equities: 30%,
  • Small and mid cap international equities: 15%,
  • Emerging markets equities: 15%, and
  • 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).

The Thrivent Equity Income Plus Fund is an equity fund that aims to help protect investors in retirement from inflation. According to the press release, 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.

The Thrivent Partner Worldwide Allocation Fund and Thrivent Equity Income Plus Fund are offered through Thrivent Financial’s network of 2,600 registered representatives.

More information can be found at www.thrivent.com.

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