Leuthold Funds will distribute income dividends to shareholders of record as of September 14, 2016, with the x-date and payable date of September 15, 2016. For income distributions, click here.
Leuthold Global Industries Fund
- 40+% International Market Exposure
|Individual Retirement Account (IRA):||$1,000|
|Regular (non-IRA) Account:||$10,000|
|Automatic Investment Plan (AIP):||$50|
|Automatic Investment Plan (Non-AIP):||$100|
|Dividend Reinvestment:||No minimum|
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.
- MSCIAC World Index represents both the developed and the emerging markets for a particular region; it includes 48 markets. MSCIAC World Index 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.
- The MSCIAC World Index 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 1/29/2016, annual net operating expenses for LGINX and LGIIX, after expense reimbursement are 1.50% and 1.25 respectively; annual gross operating expenses before reimbursement are 2.05% and 1.80%, respectively. (Adviser has contractually agreed to reimburse the Fund for ordinary operating expenses for LGINX >1.50% and LGIIX >1.25%, based on average assets and expenses of share classes combined. In any of the following three fiscal years, the adviser may recover waived fees. Current contract runs through 11/14/16.) Please refer to the Prospectus for more detail.
Please refer to the Prospectus for a more detailed explanation of the expense ratios.
The Leuthold Global Industries Fund seeks capital appreciation and dividend income through global industry group selection and rotation, and endeavors to remain fully invested in equities at all times.
The investment approach for the Leuthold Global Industries Fund reflects our belief that industry group rotation, based on changing economic and market conditions, holds the greatest potential for long-term performance. We concentrate our research efforts on a universe of approximately 90 global groups, investing among a variety of those groups that demonstrate the most favorable characteristics. Our disciplined, unemotional and quantitative investment strategy facilitates more complete analyses of the industry group universe, attempting to identify the highest rated stocks within the attractively rated groups.
Normally, the Fund will invest at least 40% of its assets in equity securities from international markets.
The Leuthold Global Industries 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 Global Industries Fund include, but are not limited to, market risk, small/medium capitalization risk, high portfolio turnover risk, currency risk, foreign securities risk, and quantitative investment approach risk. Investing in foreign securities presents risks that may be greater than U.S. securities. These risks include, but are not limited to, currency rate fluctuations, regulatory differences, accounting standards, higher trading costs, and political risks. 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 firstname.lastname@example.org
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