The Leuthold Group Names Kristen Hendrickson, Chun Wang and

For Immediate Release
Contact:
John Mueller, Co-CEO,
The Leuthold Group – (612) 332-9141
The Leuthold Group Names Kristen Hendrickson, Chun Wang and Greg
Swenson Portfolio Managers
MINNEAPOLIS, May 1, 2015 – Leuthold Weeden Capital Management, the investment arm of The Leuthold
Group, announced today that Kristen Hendrickson was named a portfolio manager. In addition, portfolio
managers Greg Swenson and Chun Wang were named to co-manage additional Leuthold Funds. In a
supplement to the funds’ prospectus dated January 30, 2015, the firm announced that Matthew Paschke is
taking a leave of absence from The Leuthold Group and will no longer serve as a portfolio manager after June
30, 2015.
The following table lists the updated portfolio management assignments, all of which will become effective as
of June 30, which is Matthew Paschke’s last day with the firm prior to a year of travel with his family.
Fund
Leuthold Core Investment Fund
(NASDAQ:LCORX, LCRIX)
Portfolio Managers
Douglas R. Ramsey, CFA
Chun Wang, CFA
Jun Zhu, CFA
Greg M. Swenson, CFA
Leuthold Global Fund
(NASDAQ:GLBLX, GLBIX)
Douglas R. Ramsey, CFA
Chun Wang, CFA
Greg M. Swenson, CFA
Leuthold Select Industries Fund
(NASDAQ:LSLTX)
Chun Wang, CFA
Greg M. Swenson, CFA
Leuthold Global Industries Fund
(NASDAQ:LGINX, LGIIX)
Greg M. Swenson, CFA
Chun Wang, CFA
Grizzly Short Fund
(NASDAQ:GRZZX)
Greg M. Swenson, CFA
Kristen J. Hendrickson, CFA
“We will miss Matt’s contributions upon his departure and wish him and his family well as they launch a year
of global travel and service work,” said John Mueller, co-CEO of The Leuthold Group. “Kristen, Greg and
Chun have all been with the firm and bring deep experience to managing the funds’ strategies. Our teambased quantitative approach means that the impact of these changes on our clients will be minimal.”
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 Leuthold Funds
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
###