Thrivent Partner Worldwide Allocation Portfolio

Portfolio Management

Investment Objective

• Seeks long-term capital growth.

Investment Strategy

• The Portfolio seeks to achieve its objective by investing primarily in equity and debt securities of issuers throughout the world.
• The Portfolio seeks to diversify its portfolio broadly among developed and emerging countries (possibly including the U.S.), and among multiple asset classes.

Benefits of Investing in the Thrivent Partner Worldwide Allocation Portfolio

• A broadly diversified international portfolio
• World-class asset managers
• An all-in-one international solution

Special Investment 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 Portfolio 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 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.