Leuthold Core Investment Fund

Nav YTD Inception
Retail (LCORX) 19.54 (-0.02) 7.99% Nov 1995
Institutional (LCRIX) 19.53 (-0.02) 8.04% Jan 2006

Guidelines

  • 30% - 70% Equity Exposure
  • 30% - 70% Fixed Income Exposure
New Accounts
Individual Retirement Account (IRA): $1,000
Regular (non-IRA) Account: $10,000
Existing Accounts
Automatic Investment Plan (AIP): $50
Automatic Investment Plan (Non-AIP): $100
Dividend Reinvestment: No minimum
CUSIP: 527289102 (retail)
527289409 (inst)

Performance Note: Performance data quoted represents past performance. Past performance is no guarantee of future results. Investment returns and principal will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. For performance data current to the most recent month-end, please call Leuthold Funds’ Shareholder Services, toll-free: 1-800-273-6886.

  • S&P 500 Index is a capitalization-weighted index of 500 stocks. The index is designed to measure performance of the broad domestic economy based on the changing aggregate market value of these 500 stocks.
  • The S&P 500 is an index only and cannot be invested in directly. Fund performance return figures are historical and reflect the change in share price, reinvested distributions, change in net asset value, and capital gains distributions, if any.

Expense Ratio Disclosure:

Per the Prospectus dated 1/31/14, excluding dividends on short positions and acquired fund fees, the net operating expenses were 1.16% and 1.06%, respectively, for LCORX and LCRIX. Gross operating expenses including dividends on short positions and acquired fund fees were 1.28% and 1.17%, respectively.  Please refer to the Prospectus for a more detailed explanation of the expense ratios.


Please refer to the Prospectus for a more detailed explanation of the expense ratios.

Investment Objective

The Leuthold Core Investment Fund seeks capital appreciation and income with a conservatively structured, professionally managed portfolio of stocks, bonds and cash equivalents.

Investment Strategy

The Leuthold Core Investment Fund differs from most other mutual funds by investing in stocks, bonds, money market instruments and certain foreign securities. When appropriate, as disciplines dictate, the Core Fund may also hedge its market exposure. We adjust the proportion of each asset class to reflect our view of the potential opportunity and value offered within that sector, as well as the potential risk. Although there are no guarantees, it is our belief that successful investing demands skill both in making money and attempting to preserve any gains.

Flexibility is central to the creation of a core portfolio that you can depend on in a variety of market conditions. We possess the flexibility and discipline to invest where we see value and to sell when we believe there is undue risk.

The investment guidelines of the Leuthold Core Investment Fund follow a 30%-70% Equity Exposure and 30% - 70% Fixed Income Exposure. Under extreme market conditions, there may be a departure from the basic core guidelines.

Share Classes

The Leuthold Core Investment Fund offers both a Retail Share Class and an Institutional Share Class.

Risks of Investing

As disclosed in the prospectus, the risks of investing in the Leuthold Core Investment Fund include, but are not limited to, interest rate risk, market risk, short sale risk, high portfolio turnover risk, currency risk, foreign securities risk, emerging markets risk, and foreign securities risk.  Please read the prospectus carefully before you invest (1-800-273-6886).

For additional mutual fund strategy specifics, please contact us at 888-200-0409, or email info@leutholdfunds.com

Investors should consider the investment objectives, risks, charges and expenses of the investment company carefully before investing. The Prospectus contains this and other information about the Fund. For current Prospectus, call toll-free 800-273-6886, or go to www.LeutholdFunds.com. Please read the Prospectus carefully before you invest.

Not FDIC Insured ~ No Bank Guarantee ~ May Lose Value Distributor: Rafferty Capital Markets, LLC, Garden City, NY 11530

© 2014 Leuthold Weeden Capital Management
Not FDIC Insured. No Bank Guarantee. May Lose Value
Mutual Fund Distributor: Rafferty Capital Markets, LLC, Garden City, NY 11530