A.I.M. Users Bulletin Board

[neko]

Hi
Lexcx is a mutual fund that has had zero turnover since its inception. In strategizing over its use . In a taxable account I assume there would be no capital gains . Since nothing is ever sold except for redemption of shares as a person sells out their position. The dividends I assume are taxable .

I have come to the conclusion that I don't want to beat the market as much as I don't want to be beaten by the market.

Chase has a fund of funds. They are always selling and buying . It is their conservative allocation fund. It is a fund of funds. Do they make money by constantly buying and selling mutual funds.
My friend had shares in it. He saw little advancement over its value.