Leuthold's Grizzly Short Fund Receives 2015 Lipper Award for "Best Fund over 10 Years: Dedicated Short-Bias Funds"

MINNEAPOLIS--(BUSINESS WIRE)--

Leuthold Weeden Capital Management, the investment arm of The Leuthold Group, announced today that its Grizzly Short Fund GRZZX has received a 2015 Lipper Award for "Best Fund over 10 Years: Dedicated Short-Bias Funds."

The Grizzly Short Fund was awarded the 2015 Best Fund over 10 Years in Lipper's Dedicated Short-Bias Funds category for the evaluation period ended November 30, 2014. The highest Lipper Leader for consistent return value within each eligible classification determines the fund classification winner over 3, 5, or 10-years, measured through November 30th of the prior year. There were 44 qualified classification funds in the Dedicated Short-Bias Fund classification for the 2015 award period.

The Grizzly Short Fund invests using a short-only version of the firm's industry-focused approach to equity selection. The long-only Leuthold Select Industries Fund LSLTX applies the strategy to U.S. stocks, and the Leuthold Global Industries Fund LGINX extends that universe to global stocks. Leuthold's domestic and global tactical funds also employ the same industry-focused approach within their equity components.

Lipper Fund Awards are based on Lipper's Consistent Return calculation. Lipper scores for Consistent Return reflect funds' historical risk-adjusted returns relative to funds in the same Lipper classification and include each fund's expenses and reinvested distributions, but exclude sales charges. Consistent Return values are calculated with all eligible share classes for each eligible classification. The highest Lipper Leader for Consistent Return value within each eligible classification determines the fund classification winner over three, five or 10 years. Lipper, a Thomson Reuters company, is a leading global provider of mutual fund information and analysis to fund companies, financial intermediaries and media organizations.

Any reference to a ranking, a rating or an award provides no guarantee for future performance results and is not constant over time.

About The Leuthold Group

Based in Minneapolis, The Leuthold Group is recognized as a pioneer in tactical asset allocation, with a flexible flagship strategy that has a 25-year track record. The experienced investment team also manages more than $1.6 billion in both separate accounts and five mutual funds. For more information, visit www.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