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bar1080

08/30/16 8:42 AM

#112059 RE: Monksdream #112058

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