Thrivent Mid Cap Growth Portfolio II

Portfolio Fact Sheet (PDF, 119K) | Prospectus & Reports

Performance
Description

Portfolio Management

Andrea J. Thomas, CFA

Managing Portfolio since 2004
Began investment industry experience: 1991

Andrea J. Thomas, CFA

Andrea Thomas,CFA, is senior portfolio manager of the Thrivent Mid Cap Growth Fund and the Thrivent Mid Cap Growth Portfolio. She joined Thrivent Financial for Lutherans in 1993. Thomas earned both her bachelor's degree in business administration and her MBA with a concentration in finance from the Carlson School of Management at the University of Minnesota.

Investment Management Style

Chart Guide | Printable PDF

Investment Objective

To achieve long-term growth of capital.

Investment Strategy

Invests primarily in securities of mid-sized U.S. companies which have market capitalizations similar to those companies included in widely known mid cap indexes such as the Russell Midcap® Growth Index or the S&P MidCap 400/Citigroup Growth Index.
Invests primarily in common stocks and employs a bottom-up stock selection process (an investment approach that de-emphasizes the significance of economic and market cycles), based on fundamental, quantitative and technical analysis.

Benefits of Investing in the Thrivent Mid Cap Growth Portfolio II

This Portfolio's research capabilities allow for direct contact with companies' management, customers and competitors, and in-depth security analysis, allowing managers to spot market opportunities early.
Higher concentration (100-120 holdings) than the Mid Cap Growth Portfolio, allowing managers to make strong bets on favored sectors and securities, and take full advantage of growth opportunities.

Special Investment Risks

Mid-cap stocks offer the potential for long-term gains but can be subject to short-term price movements, and are generally more volatile than large company stocks.
These and other risks are described in the prospectus.

Investment Minimums

All initial and subsequent investment minimums exist at the contract level. Most subaccounts carry no investment minimums.
However, a minimum of $1,000 is required if you choose to use the DCA (Dollar Cost Averaging) Fixed Account to fund periodic investments to other subaccounts. See the prospectus for additional information.

Investing in a variable annuity contract involves risk, including the possible loss of principal. More complete information on the investment objectives, risks, charges and expenses of the variable annuity contract and underlying investment options is included in the prospectuses, which investors should read and consider carefully before investing. Prospectuses are available online or from a Thrivent Financial representative.

For additional information, contact the Investment Interaction Center at 800-847-4836.

This variable annuity contract is issued by Thrivent Financial for Lutherans and distributed by Thrivent Investment Management, Inc.


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Investment Management Style Chart Guide

Along with the description of the investment objective included for each of the investment options, the style box contains additional information to help you choose the options that best meet your financial goals, long-term investment objectives and risk tolerances. The style box helps you to understand how the portfolio assets are invested to seek the stated investment objective. Thrivent Investment Management Inc. has determined the placements within each style box.

Equity and Balanced Category

For the investment options in the equity and balanced category, the style box displays two variables. The first is the size of the companies in which the portfolio invests based on market capitalization.

L=Large-cap:Those companies generally included in the S&P 500® Index.
M=Mid-cap:Companies generally included in the S&P MidCap 400 Index.
S=Small-cap:Companies generally included in the S&P SmallCap Index.

The second style box variable is the portfolio's investment style - either value or growth stock investing. The style is determined by evaluating the price-to-earnings and price-to-book ratios of stocks within the portfolio.

V=Value:Attractively priced companies, such as those with low price-to-earnings and price-to-book ratios.
B=Blend:Invested in a combination of growth and value stocks. These also are known as "core" portfolios.
G=Growth:Companies with strong prospects for growth in earnings.

When taken together, these style boxes offer a broad view of a portfolio's holdings and risk, which may be helpful in deciding which one is right for you. While they illustrate the principal investment style of each portfolio, the portfolio still may invest, to a limited extent, in other types of securities.