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Fraternal Adds 7 Funds

By Staff Writer

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The investment management arm of Thrivent Financial for Lutherans is introducing 4 asset-allocation funds and 3 other mutual funds.[@@]

The 4 new asset-allocation funds will offer aggressive, moderately aggressive, moderate and moderately conservative investment styles. Thrivent’s own investment strategy committee will manage the funds actively in an effort to meet the needs of investors with different levels of risk tolerance, according to Thrivent, Minneapolis.

Thrivent also is introducing a small cap growthfund, a mid cap value fund and a real estate securities fund. Thrivent will manage the real estate securities fund itself, but it will hire outside advisors to choose investments for the small cap growth and mid cap value funds.

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