You could lose money by investing in the Thrivent Money Market Fund. Although the Thrivent Money Market Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Thrivent Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Thrivent Money Market Fund's sponsor has no legal obligation to provide financial support to the Thrivent Money Market Fund, and you should not expect that the sponsor will provide financial support to the Thrivent Money Market Fund at any time. These and other risks are described in the Prospectus.

The [Fund/Portfolio] invests at least 99.5% of its total assets in government securities, cash and repurchase agreements collateralized fully by government securities or cash. You could lose money by investing in the Fund. Although the [Fund/Portfolio] seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the [Fund/Portfolio] is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The [Fund's/Portfolios] sponsor has no legal obligation to provide financial support to the [Fund/Portfolio], and you should not expect that the sponsor will provide financial support to the [Fund/Portfolio] at any time. Credit risk is the risk that an issuer of a bond to which the [Fund's/Portfolio's] portfolio is exposed may no longer be able to pay its debt. A weak economy, strong equity markets, or changes by the Federal Reserve to its monetary policies may cause short-term interest rates to increase and affect the [Fund's/Portfolio's] ability to maintain a stable share price. Securities issued or guaranteed by U.S. government-related organizations are not backed by the full faith and credit of the U.S. government.