Page 5 - Investment Advisor November 2022

How can you invest in a better tomorrow?

Introducing Thrivent Small-Mid Cap ESG ETF

Shaping a more positive tomorrow starts today. The goal of Thrivent Small-Mid Cap ESG ETF (Ticker: TSME) is
to generate alpha — excess return above a benchmark — by investing in small and mid-sized companies that
demonstrate a commitment to environmental, social and governance (ESG) issues. It capitalizes on companies
that create value for their employees, customers, suppliers, communities, the environment and more.

Thrivent Asset Management

Financial
800-521-5308 | [email protected] | thriventETFs.com/TSME professionals
can learn more

Investing involves risks, including the possible loss of principal. The prospectus and summary prospectus contain more
complete information on the investment objectives, risks, charges and expenses of the fund, and other information, which
investors should read and consider carefully before investing. Prospectuses and summary prospectuses are available at
thriventETFs.com or by calling 800-521-5308.

This ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For
example: You may have to pay more money to trade the ETF’s shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information.
The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for
this ETF compared to other ETFs because it provides less information to traders. These additional risks may be even greater in bad or uncertain market conditions. The ETF will publish
on its website each day a “Proxy Portfolio” designed to help trading in shares of the ETF. While the Proxy Portfolio includes some of the ETF’s holdings, it is not the ETF’s actual portfolio.
The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can
predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s
performance. For additional information regarding the unique attributes and risks of the ETF, see the Principal Risks section of the prospectus.
This ETF is newly formed and does not have any operating history. The Adviser’s assessment of investments and ESG considerations may prove incorrect, resulting in losses, poor
performance, or failure to achieve ESG objectives. ESG strategies may result in investment returns that may be lower or higher than if decisions were based solely on investment
considerations. The Adviser is also subject to actual or potential conflicts of interest.
ALPS Distributors, Inc. is the distributor for Thrivent ETF Trust. Thrivent Distributors, LLC is a marketing agent. Thrivent Asset Management, LLC, an SEC-registered investment adviser,
serves as the investment adviser for the Thrivent ETF Trust. Thrivent Distributors, LLC and Thrivent Asset Management, LLC are subsidiaries of Thrivent, the marketing name for Thrivent
Financial for Lutherans. ALPS Distributors, Inc. is not affiliated with Thrivent or any of its subsidiaries.
© 2022 Thrivent THR000102

IA_Full Page Ads_November_2022 updated.indd 3 10/14/2022 8:06:53 PM