TSME Profile
The Thrivent Small-Mid Cap ESG ETF is designed to offer investors exposure to a diverse portfolio of small and mid-cap companies that adhere to environmental, social, and governance (ESG) criteria. Under normal market conditions, the fund primarily targets companies with market capitalizations that fall within the ranges defined by well-established small and mid-cap indices. This includes indices such as the Russell 2500 Index, S&P MidCap 400 Index, and S&P SmallCap 600 Index, or similar classifications published by Morningstar. By focusing on these market segments, the fund aims to provide investors with a targeted approach to small and mid-sized company investments.
The fund integrates ESG factors into its investment process, evaluating companies based on their performance across a range of environmental, social, and governance metrics. This approach not only aims to achieve financial returns but also seeks to promote responsible investing by selecting companies that demonstrate strong ESG practices. The fund's investment strategy reflects a commitment to aligning portfolio holdings with broader social and environmental values, catering to investors who prioritize ethical and sustainable investing.
In practice, the Thrivent Small-Mid Cap ESG ETF builds its portfolio by investing in companies that meet the ESG criteria while also fitting within the market capitalization ranges specified by the targeted indices. This dual focus ensures that the fund's investments are not only aligned with ESG principles but also offer potential for growth and performance within the small and mid-cap sectors. The fund's managers employ a rigorous screening process to select companies that excel in ESG factors, aiming to provide a high-quality investment experience.
As part of its strategy, the fund is actively managed to adjust holdings in response to changes in market conditions and evolving ESG standards. This flexibility allows the fund to respond to emerging trends and opportunities within the small and mid-cap market segments while maintaining its commitment to ESG principles. By combining these elements, the Thrivent Small-Mid Cap ESG ETF seeks to offer investors a balanced and forward-looking investment solution that supports both financial objectives and sustainable practices.
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