Spencer James Helms

AIA's investment philosophy emphasizes long-term earnings growth and protecting their clients' assets during periods of economic decline. Their goal is to achieve consistent performance results without taking unnecessary risks. Investment positions are established in companies they believe have a strong competitive position, shareholder-focused management and a solid financial position. Investment selection at AIA is set by a small group of senior financial specialists. This group makes decisions relating to sector emphasis and individual security selection. Research and analysis is generated internally as well as through a number of Wall Street firms. Investments are generally in U.S. large- to mid-cap companies. Emphasis is given to company earnings, quality and growth.

Thrivent utilizes certain general assumptions relating to the market and interest and other rates including, but not limited to, rates of investment performance, inflation rates and tax rates. The firm invests client assets in a variety of securities, including but not limited to, listed and unlisted stocks, ETF, ETNs, bonds, certain open-end mutual funds (load-waived and no-load), closed-end funds, certain options positions (excluding those that involve the use of margin), commercial paper, certificates of deposit, and municipal securities.