Leuthold Asset Allocation Fund (Retail and Institutional Shares)
Fund Document Downloads
Investment Objective
Leuthold Asset Allocation Fund seeks capital appreciation and income (or “total return”) in amounts attainable by assuming only prudent investment risk over the long term.
Investment Strategy
The Leuthold Asset Allocation Fund is a “flexible” fund, meaning that investments are allocated among equities, bonds, money market instruments and alternative investments. A number of factors are considered in making these allocations, including economic conditions and monetary factors, inflation and interest rate levels and trends, investor confidence and technical stock market measures. When appropriate, as disciplines dictate, the Leuthold Asset Allocation 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.
The investment guidelines of the Leuthold Asset Allocation Fund follow a 30%-70% Equity Exposure and 30%-70% Fixed Income Exposure. Under extreme market conditions, there may be a departure from these basic guidelines. The Leuthold Asset Allocation Fund will utilize the investment strategy of the Leuthold Select Equities Fund for the majority of its domestic equity exposure, as well as other quantitative investment strategies, including but not limited to, the "Undervalued and Unloved" value screen in varying proportions depending on market conditions.
Share Classes
The Leuthold Asset Allocation Fund offers both a Retail Share Class and an Institutional Share Class.
