Leuthold Select Industries Fund Converts to ETF
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.
Il Leuthold Group ha annunciato la conversione del suo Select Industries Fund in un ETF, ora scambiato come il Leuthold Select ETF (NYSE: LST). Questo segna il secondo ETF della società, dopo il successo del loro Leuthold's Core ETF (NYSE: LCR), valutato cinque stelle da Morningstar.
LST manterrà un approccio di investimento attivo e tematico, focalizzato sulla selezione e rotazione dei gruppi azionari in base ai temi di mercato. La struttura ETF offre agli investitori vantaggi tra cui costi inferiori, efficienza operativa e benefici fiscali, garantendo al contempo l'accesso alla consolidata disciplina di investimento di Leuthold.
L'ETF sarà gestito dal Direttore delle Azioni Scott Opsal insieme ai Manager di Portafoglio Greg Swenson e Chun Wang.
El Leuthold Group ha anunciado la conversión de su Select Industries Fund en un ETF, que ahora se negocia como el Leuthold Select ETF (NYSE: LST). Esto marca el segundo ETF de la firma, tras el éxito de su Leuthold's Core ETF (NYSE: LCR), calificado con cinco estrellas por Morningstar.
LST mantendrá un enfoque de inversión activo y temático, centrado en la selección y rotación de grupos de acciones basado en temas del mercado. La estructura de ETF ofrece a los inversores beneficios como costos más bajos, eficiencia operativa y ventajas fiscales, al tiempo que proporciona acceso a la disciplina de inversión establecida de Leuthold.
El ETF será gestionado por el Director de Acciones Scott Opsal junto con los Gerentes de Portafolio Greg Swenson y Chun Wang.
로이스홀드 그룹은 선택 산업 펀드를 ETF로 전환했다고 발표했으며, 현재 로이스홀드 선택 ETF (NYSE: LST)로 거래되고 있습니다. 이는 그들의 5성급 모닝스타 등급을 받은 로이스홀드 코어 ETF (NYSE: LCR)의 성공에 이어 두 번째 ETF입니다.
LST는 시장 주제를 기반으로 한 주식 그룹 선택 및 회전에 초점을 맞춘 능동적이고 주제별 투자 접근 방식을 유지할 것입니다. ETF 구조는 투자자에게 더 낮은 비용, 운영 효율성 및 세금 혜택을 포함한 이점을 제공하고 있으며, 로이스홀드의 확립된 투자 규율에 대한 접근을 제공합니다.
ETF는 미국 주식 담당 이사 Scott Opsal과 포트폴리오 관리자 Greg Swenson 및 Chun Wang에 의해 관리됩니다.
Le Leuthold Group a annoncé la conversion de son Select Industries Fund en ETF, désormais négocié sous le nom de Leuthold Select ETF (NYSE: LST). Cela marque le deuxième ETF de la société après le succès de leur Leuthold's Core ETF (NYSE: LCR), qui a obtenu cinq étoiles de Morningstar.
LST adoptera une approche d'investissement active et thématique, axée sur la sélection et la rotation de groupes d'actions en fonction des thèmes du marché. La structure de l'ETF offre aux investisseurs des avantages tels que des coûts réduits, une efficacité opérationnelle et des avantages fiscaux tout en fournissant un accès à la discipline d'investissement établie de Leuthold.
L'ETF sera géré par Scott Opsal, directeur des actions, aux côtés des gestionnaires de portefeuille Greg Swenson et Chun Wang.
Die Leuthold Group hat die Umwandlung ihres Select Industries Fund in einen ETF angekündigt, der jetzt als Leuthold Select ETF (NYSE: LST) gehandelt wird. Dies markiert den zweiten ETF der Firma nach dem Erfolg ihres fünfsterne Morningstar-bewerteten Leuthold's Core ETF (NYSE: LCR).
LST wird einen aktiven, thematischen Investitionsansatz beibehalten, der sich auf die Auswahl und Rotation von Aktiengruppen basierend auf Markt-Themen konzentriert. Die ETF-Struktur bietet den Anlegern Vorteile wie geringere Kosten, betriebliche Effizienz und steuerliche Vorteile und ermöglicht gleichzeitig den Zugang zur etablierten Investmentdisziplin von Leuthold.
Der ETF wird von Scott Opsal, dem Direktor für Aktien, zusammen mit den Portfoliomanagern Greg Swenson und Chun Wang verwaltet.
- Conversion to ETF structure offers lower costs and tax benefits for investors
- Building on success of five-star Morningstar-rated LCR ETF
- Maintains established investment strategy with proven track record
- None.
Insights
The conversion of Leuthold Select Industries Fund to an ETF structure (LST) represents a strategic move in the evolving investment landscape. The shift from a mutual fund to an ETF format offers several key advantages: enhanced tax efficiency through the creation/redemption mechanism, improved liquidity for investors and typically lower operating costs. This follows the broader industry trend of mutual fund to ETF conversions, driven by increasing investor preference for the ETF wrapper.
The active, thematic investment approach of LST, focusing on equity group selection and rotation based on market themes, provides an interesting alternative to passive sector ETFs. With Leuthold's established track record in research and their first ETF (LCR) achieving a five-star Morningstar rating, this conversion could attract investors seeking actively managed sector exposure with the benefits of the ETF structure.
In simple terms: Think of this as taking a proven investment strategy and putting it in a more modern, efficient package - like upgrading from a flip phone to a smartphone while keeping all your important contacts and features.
LST represents storied research and fund management firm’s second ETF after highly-rated LCR
LST is Leuthold Group’s second ETF after Leuthold’s Core ETF (NYSE: LCR), which tactically allocates capital in both equity and fixed-income markets and carries a five-star rating from Morningstar.* LST invests in individual equity securities and seeks capital appreciation through equity group selection and rotation based on dynamic market themes.
“With LST, equity investors who want exposure to a longstanding, proven investment discipline—coupled with the lower cost, operational ease and tax benefits of an ETF—will have that opportunity,” said Leuthold CIO Doug Ramsey. “We’ve been pleased with the performance and market reception of LCR, so it was a natural progression to convert Select Industries to an ETF.”
LST is managed by Director of Equities Scott Opsal and Portfolio Managers Greg Swenson and Chun Wang.
About The Leuthold Group
Founded in 1981 as an independent investment research firm, The Leuthold Group has been producing original analysis for the institutional marketplace for nearly half a century. Driven by the research, in 1987 the firm established its investment management arm which is centered on tactical asset allocation and disciplined quantitative methodologies.
* Morningstar Rating™ or “star rating”: For funds with at least a 3-year history, a risk-adjusted-return measure is calculated to account for variation in monthly performance, placing more emphasis on downward variations and rewarding consistency. The top
View source version on businesswire.com: https://www.businesswire.com/news/home/20250121200549/en/
Greg Joslyn, Lowe Group
greg.joslyn@lowecom.com
(414)-376-7275
Source: The Leuthold Group
FAQ
What is the ticker symbol for the new Leuthold Select ETF?
What are the main benefits of LST's conversion from a mutual fund to an ETF?
Who manages the Leuthold Select ETF (LST)?
What is the investment strategy of the Leuthold Select ETF (LST)?
How many ETFs does Leuthold Group now offer?
