Sponsored by:

5 Weird Mutual Funds Worth Your Investment

These mutual funds are a little unorthodox, but they still make great investments

      View All  
5 Weird Mutual Funds Worth Your Investment

Almost 80

INGGlobal185 5 Weird Mutual Funds Worth Your InvestmentWhenever I talk about quality mutual funds, my discussion always begins with ING’s Corporate Leaders Trust Fund Series B (LEXCX). You can read about the details of this fund in an article I wrote in 2012. Suffice it to say, it’s consistently a winner. Around since 1935 (not always with ING) it began with 30 of the biggest companies of the day, and almost 80 years later it consists of 22 stocks including Berkshire Hathaway (BRK.B).

It doesn’t add new stocks and only buys more shares of the stocks when it has enough cash to buy 100 shares of each. Year-to-date it’s up 23.7% through December 12, trailing the S&P 500 by 339 basis points. Over the past 15 years, it has beaten the index on an annual basis by 319 basis points. With an annual expense ratio of 0.52% (0r $52 for every $10,000 invested), some might be tempted to pass because of its passive management. Don’t — it’s the real deal.


Article printed from InvestorPlace Media, http://investorplace.com/2013/12/mutual-funds-unorthodox-way/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.