Funds.LeutholdGroup

“With the decade long bull market in equities having abruptly ended, we know that many advisors and their clients are focused on investment options that can adjust if and when conditions change. We also know that they want a product format that’s as nimble as the investment strategy itself, which is why we made the decision to offer our tactical asset allocation approach as an ETF.”
John Mueller, Co-CEO

The Core strategy has long epitomized our distinctive approach.

Leuthold Core Investment Fund
Inception date 11/20/95 (LCORX)

Now also available with the liquidity and convenience of an ETF.

Leuthold Core ETF
Inception date 1/6/2020 (LCR)

Introducing the Leuthold Core ETF (LCR)

We apply the same disciplined, rules-based quantitative rigor as in the Leuthold Core Investment Fund.

And like its mutual-fund counterpart, the Leuthold Core ETF reflects our philosophy that exposure to multiple asset classes—and dynamically adjusting exposures at different points in the business cycle—can potentially generate growth and long-term investment success.

Same Approach to Asset Class Weightings

As in the mutual fund version of the strategy, we vary the equity weighting from 30% to 70%, with the balance invested in fixed-income and alternatives.

Same Focus on Industry Groups

We apply the same distinctive approach to selecting equity holdings based on industry group analysis.

ETF-Oriented Approach to Security Selection

While we typically invest in individual stocks within the mutual fund’s equity allocation, Core ETF primarily employs sector- and industry-group ETFs.

Managers

“We’ve been developing, implementing and refining successful tactical asset allocation strategies for decades and I’m excited that it’s going to be easier than ever for investors to gain exposure to this style of investing through an ETF.”
Doug Ramsey, CIO

Managers

Doug Ramsey, CFA, CMT / Chief Investment Officer
Chief Investment Officer
Scott Opsal, CFA / Director of Equities
Director of Equities
Chun Wang, CFA, PRM / Co-Portfolio Manager
Co-Portfolio Manager

Learn More

Press Release

Q&A
with Co-CEO John Mueller and
Director of Equities Scott Opsal

Basics

Symbol: LCR
Exchange: New York Stock Exchange
Benchmark: S&P 500, Bloomberg Barclays Global Aggregate
CUSIP: 527289 789
Select fees (as of current prospectus):
Management Fee 0.50%
Total Annual Fund Operating Expenses (After Expense Reimbursement) 0.86%

Quick Links

Important Information

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. An investment in the funds involves risk, including possible loss of principal. 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. Investing involves risk, including the possibility of loss of principal.

Risks of Investing in the Fund

Asset Allocation Risk: The Fund may favor an asset category or investment strategy that performs poorly to other asset categories and investment strategies for short or long periods of time.

Foreign and Emerging Markets Securities Risk: Investments in securities and instruments traded in developing or emerging markets, or that provide exposure to such securities, can involve additional risks relating to political, economic, or regulatory conditions not associated with investment in U.S. securities and instruments.

Market Risks: Common stocks are susceptible to general stock market fluctuations and to volatile increases and decreases in value as market confidence and perceptions of their issuers change.

Fixed Income Securities Risk: Issuers of bonds may not be able to make interest or principal payments, or may suffer adverse changes in financial condition that could lower the credit quality.

Quantitative Investment Approach Risk: The Fund utilizes a quantitative investment approach. There may be market conditions where the quantitative investment approach performs poorly.

Managed Futures Strategy/Commodities Risk: Investments in managed futures programs or commodities may subject an Underlying Investment to greater volatility than investments in traditional securities.

Sector Risk: The Fund’s investing approach may dictate an emphasis on certain sectors, industries, or sub-sectors of the market. The Fund may invest more heavily in one sector, industry, or sub-sector; or may lack exposure to one or more sectors, which may adversely affect performance.

Liquidity Risk: Liquidity risk is the risk that the Fund may be unable to find a buyer for its investments when it seeks to sell them or to receive the price it expects based on the Fund’s valuation of the investments. If the Fund is forced to sell its investments at an unfavorable time and/or under adverse conditions in order to meet redemption requests, such sales could negatively affect the Fund.

Distributor: Quasar Distributors, LLC