DD Support Board and Research Team

[bar1080]

Few investors know of the Voya Corporate Leaders Trust fund (LEXCX). It was created in 1935 with a fixed portfolio of equal amounts of 30 blue chip stocks. It hasn't picked a new stock since. Data gives its annual turnover rate as ZERO.

That obscure fund still exists and is said to have beaten 98% of its peers over its lifetime.

Yes, academic studies suggest that the more you trade the more you lose. But NO ONE on IHUB reads academic studies.

https://finance.yahoo.com/news/rpt-insight-buy-hold-fund-220540998.html