Jun Zhu Named Co-Portfolio Manager of Leuthold Core Investment Fund

MINNEAPOLIS--(BUSINESS WIRE)--

Jun Zhu, CFA, a member of the Leuthold Weeden Capital Management research team since 2008, has been named a co-portfolio manager of the Leuthold Core Investment Fund LCORX.

"Jun's contributions on the research side of our business over nearly seven years have provided her with a deep understanding of the tools we employ in our tactical strategies," said John Mueller, co-CEO of The Leuthold Group. "She has been a driving force behind the development and expansion of disciplines used to manage our emerging country allocation within the Core Fund, making her a natural addition to the portfolio management team."

As a co-portfolio manager on the Leuthold Core Investment Fund, Zhu joins Doug Ramsey, CFA, CMT, who is also the firm's Chief Investment Officer, as well as Matt Paschke, CFA, and Chun Wang, CFA, PRM.

About The Leuthold Group

The Leuthold Group has produced independent research for institutional clients for more than three decades. The experienced investment team also manages more than $1.6 billion in both separate accounts and five mutual funds. Based in Minneapolis, The Leuthold Group is recognized as a pioneer in tactical asset allocation, with a flexible flagship strategy that has over a 25-year track record. The firm's investment philosophy stresses quantitative measures of value combined with recognition of fundamental and technical trends for an investment approach that is disciplined, unemotional, and at times contrarian. The Leuthold Group's investment arm is Leuthold Weeden Capital Management. Learn more at 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 Funds. For current Prospectus, call toll-free 1-800-273-6886, 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