The Leuthold Group

Our Strategies

Each of the Leuthold Fund strategies fits a distinctive investment niche; investors may employ the strategies in tandem to facilitate their long-term investment goals and/or to adjust investment exposure during uncertain, volatile, or changing market environments.

ETFs

Leuthold Core ETF

Tactical Asset Allocation

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 a Current Prospectus, call toll-free 1-866-306-8117. Please read the Prospectus carefully before you invest. Distributor: Compass Distributors, LLC.

Mutual Funds

Most strategies also available as a Separately Managed Account (SMA)

Leuthold Core Investment Fund
Tactical Asset Allocation (domestically focused)

Leuthold Select Industries Fund
Long-Only Equity (equity group/sector rotation U.S. traded)

Grizzly Short Fund
Short-Only Equity (actively managed)

Leuthold Global Fund
Tactical Asset Allocation (globally focused)

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 Funds. For a Current Prospectus, call toll-free 800-273-6886, or go to our Fund Documents page. Please read the Prospectus carefully before you invest. Distributor: Rafferty Capital Markets, LLC. Garden City, NY 11530

Our Philosophy

Disciplined

We believe the most important decision is proper asset class selection and a highly disciplined, unemotional method of evaluating risk/reward potential across investment choices.

Exposure Matches Views

Our perspective is long-term, yet our process involves evaluating the underlying well-being of the market on an ongoing basis. We watch for indications of a shift in dynamics; when a change in reward/risk is warranted, exposure is adjusted as needed.

Flexibility

While all investment strategies are apt to experience periods of underperformance, to be most effective in a variety of market environments we believe flexibility is a key component. Our guiding disciplines combined with this flexibility helps to maximize our success.

Our Team

Sound strategies and proven investment models are nothing without the talented people to provide management and direction. The Leuthold Group is a close-knit team of experienced professionals, committed to superior investment solutions and exceptional client service.

Doug Ramsey, CFA, CMT

Chief Investment Officer

James Paulsen, Ph.D.

Chief Investment Strategist

Director of Equities

Co-Portfolio Manager

Co-Portfolio Manager

Co-Portfolio Manager

Kristen Perleberg, CFA

Co-Portfolio Manager

Phil Segner, CFA

Senior Analyst

Our History

The Leuthold Group began in 1981 as an institutional investment research firm. Founder Steve Leuthold built a research team and investment policies incorporating technical and quantitative methodologies, broad sector and industry group analysis, supply/demand dynamics, and historical intrinsic value relationships.

In 1987, The Leuthold Group established a Registered Investment Adviser offshoot to direct investment portfolios using the firm’s institutional research models as the foundation for its equity selection and asset allocation process. A policy of disciplined, unemotional, and strategic investing, backed by solid and comprehensive research, has enabled The Leuthold Group to establish a strong track record and achieve impressive client loyalty.

View Firm History

Latest News

Commentary

October 31, 2019

CIO Doug Ramsey's 3rd Quarter Commentary & Market Outlook

November 14, 2019

Leuthold Funds capital gains will be distributed to shareholders of record as of November 13, 2019, with the x-date and payable date of November 14, 2019.

September 19, 2019

Leuthold Funds will distribute income distributions to shareholders of record as of September 18, 2019, with the x-date and payable date of September 19, 2019.

February 7, 2019

The Leuthold Group names Scott Opsal Co-Portfolio Manager on Leuthold Select Industries and Leuthold Global Industries Strategies.

Latest Media

December 20, 2019 December 17, 2019 October 18, 2019 September 4, 2019 August 26, 2019 August 20, 2019 August 1, 2019 July 29, 2019 April 23, 2019

December 20, 2019

Stocks Are Acting Like It's Only The Second Year Of A Bull Market, Strategist Jim Paulsen Says

CNBC

In the last 12 months, the market has moved in a way that is comparable to the first year of a bull market, Paulsen told CNBC.

December 17, 2019

Market Bull Jim Paulsen Predicts The Record US Rally Will Extend Into 2020

CNBC

The Leuthold Group’s chief investment strategist wouldn’t be surprise if the S&P 500 soars another 15% next year, but the long-time bull doubts it will be the best market on the planet.

October 18, 2019

Synchronized Global Slowdown Is Coming To An End, Leuthold's Paulsen Says

Bloomberg

Jim Paulsen, Chief Investment Strategist at Leuthold Group, explains why stimulus from sources other than central banks is bringing the global economic slowdown to an end.