Thrivent Core International Equity Fund (0P0001BJZZ)

Overview

The fund in focus operates as an investment vehicle primarily targeting equity securities. It adheres to a strategy of investing a minimum of 80% of its net assets, alongside any borrowed funds for investment purposes, into equity securities. A notable emphasis is placed on issuers from international developed market countries, committing at least 65% of the fund’s net assets towards such investments. The fund predominantly focuses on mid- and large-capitalization companies that are represented in its benchmark. However, small-capitalization companies are also considered for investment. Additionally, the fund exhibits flexibility in terms of currency, opting to invest in securities denominated in a variety of currencies, indicating a global approach to its investment strategy.

Products and Services

• Equity Securities Investment

  This service includes investing in publicly traded stocks, with a firm commitment to allocate at least 80% of the fund's net assets, including borrowed funds, towards equity securities. This strategy mainly targets the shares of mid- and large-cap entities, though it remains open to opportunities within small-cap companies. The investible equities span a range of sectors and industries, reflecting a diversified approach to equity investment.

• International Developed Market Focus

  A significant portion of the fund’s portfolio, at least 65%, is directed towards investments in equities from international developed markets. This reflects a strategic positioning to capture growth in economies with established financial systems and stable governance. The emphasis on developed markets aims to leverage the typically lower volatility and more sophisticated regulatory environments of these regions as compared to emerging markets.

• Flexible Currency Investments

  The fund showcases its global investment outlook through its willingness to invest in securities denominated in various currencies. This flexibility allows the fund to tap into opportunities across different geographical regions and to potentially benefit from currency movements. It reflects a sophisticated approach to international investing that takes into account the prospects of currency fluctuations alongside the inherent risks and rewards of equity markets.