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The Leuthold Group has announced the conversion of its Select Industries Fund into an ETF, now trading as the Leuthold Select ETF (NYSE: LST). This marks the firm's second ETF following the success of their five-star Morningstar-rated Leuthold's Core ETF (NYSE: LCR).
LST will maintain an active, thematic investment approach focused on equity group selection and rotation based on market themes. The ETF structure offers investors benefits including lower costs, operational efficiency, and tax advantages while providing access to Leuthold's established investment discipline.
The ETF will be managed by Director of Equities Scott Opsal along with Portfolio Managers Greg Swenson and Chun Wang.
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