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Thrivent Markets Mutual Fund Wrap Program

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NU Online News Service, Nov. 4, 2003, 11:04 a.m. EST – The investment management arm of Thrivent Financial for Lutherans, Minneapolis, has started marketing the Focused Fund Service Gateway, a mutual fund wrap program developed by a unit of RBC Dain Rauscher Inc., Minneapolis.

Customers who join the program will pay a single wrap program management fee. In exchange, the customers will get access to a menu of about 120 investment funds. Thrivent advisors will use five asset-allocation models to help customers with asset allocation.