Fund Profile: Thrivent Partner Small Cap Value A

There are plenty of religious mutual fund families out there, with investment styles designed to meet the strictures of different sets of observers. Ave Maria funds (www.avemariafund.com) are designed for strict Roman Catholics, Timothy Plan (www.timothyplan.com) for conservative Christians and Amana funds (www.amanafunds) for Muslims. Thrivent funds are for Lutherans, but not because of their investment styles. Thrivent, formerly known as Lutheran Brotherhood, isn't directly affiliated with the Lutheran Church. Instead, it is structured as a fraternal organization for Lutherans offering a full range of insurance, investment and banking services. Thrivent funds have no social screens or religious requirements for their investments. The Thrivent Partner Small Cap Value Fund, one of the best-performing in the family, doesn't own lutefisk processors and General Mills (NYSE: GIS), maker of Jell-o, either.

For access to the full article, you must be a registered member - it's FREE.

Already a member? Please log in below