Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Leuthold To Close Two Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, March 13, 2006

Leuthold To Close Two Funds

by: Armie Margaret Lee

Leuthold Weeden Capital Management is moving to restrict the flow of fresh money into two of its funds. The Minneapolis-based firm will close the Leuthold Core Investment Fund and the Leuthold Select Industries Fund to current shareholders and new investors on March 31, according to a prospectus supplement.

However, participants in retirement plans in which shares of the funds have been designated as investment options can still pour money into the funds.

Leuthold's move isn't surprising, wrote Morningstar analyst Dieter Owen Bardy, who pointed to past interviews with manager Steve Leuthold which indicated that the Core Investment Fund, which invests in stocks, bonds and cash, is about to reach its capacity.

"And Select Industries is essentially a long-only and stock-only version of Core Investment, so it was probably close to its limit as well," Bardy wrote in the Fund Times column last week. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use