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I want to start this game, once every month. Below is performance chart for a fund. Poster child for WHEN vs WHAT you buy. Has gone nowhere for last several years. However if you look at since inception, it has hit the cover off the ball for TWO time periods both starting at inception.
Reply to @msf & VintageFreak: Nice game! Name the fund that had these stocks in it's portfolio at inception Regards, Ted Chemical & Dye Corp Materials Remains American Can Company Materials Gone American Radiator & Standard Sanitary Consumer Discretionary Gone American Telephone and Telegraph Telecom Remains Columbia Gas & Electric Corp Utilities Remains Consolidated Gas Company of New York Utilities Remains E.I. DuPont de Nemours & Company Materials Remains Eastman Kodak Company Cons Discretionary Remains F.W. Woolworth Company Cons Discretionary Merged General Electric Industrials Remains International Harvester Industrials Gone National Biscuit Consumer Staples Gone Otis Elevator Industrials Gone Pacific Gas & Electric Company Utilities Gone Sears, Roebuck & Company Consumer Discretionary Remains Socony-Vacuum Oil Company Energy Remains Standard Oil Company (New Jersey) Energy Remains Standard Oil Company of California Energy Remains The American Tobacco Company Consumer Staples Remains The Atchison, Topeka and Santa Fe Railway Industrials Remains The Borden Company Consumer Staples Gone The New York Central Railroad Company Industrials Gone The North American Company Utilities/Industrials Remains The Pennsylvania Railroad Company Industrials Gone The Procter & Gamble Company Consumer Staples Remains The United Gas Improvement Company Utilities Gone Union Carbide and Carbon Corp. Materials Remains Union Pacific Railroad Company Industrials Remains United States Steel Materials Remains Westinghouse Electric & Manufacturing Industrials Remains
The original emphasis on blue-chip companies still holds today. Nearly 90% of the fund's assets are invested in companies with an economic moat
I believe this to be Corporate Leaders Trust and was organized in 1935 with an equal number of common stock shares in the 30 leading US companies at the time. Since it is organized as a unit investment trust it is passively managed and with this it can't purchase new stocks, so it holdings have changed due to spin-offs or mergers since inception. It is currently invested in only 22 companies and carries the ticker symbol of LEXCX.
Comments
Too easy. There are only four mid cap growth funds with 15 year performance in excess of 14%/year (which one can read off the graph you provided).
Regards,
Ted
Chemical & Dye Corp Materials Remains
American Can Company Materials Gone
American Radiator & Standard Sanitary Consumer Discretionary Gone
American Telephone and Telegraph Telecom Remains
Columbia Gas & Electric Corp Utilities Remains
Consolidated Gas Company of New York Utilities Remains
E.I. DuPont de Nemours & Company Materials Remains
Eastman Kodak Company Cons Discretionary Remains
F.W. Woolworth Company Cons Discretionary Merged
General Electric Industrials Remains
International Harvester Industrials Gone
National Biscuit Consumer Staples Gone
Otis Elevator Industrials Gone
Pacific Gas & Electric Company Utilities Gone
Sears, Roebuck & Company Consumer Discretionary Remains
Socony-Vacuum Oil Company Energy Remains
Standard Oil Company (New Jersey) Energy Remains
Standard Oil Company of California Energy Remains
The American Tobacco Company Consumer Staples Remains
The Atchison, Topeka and Santa Fe Railway Industrials Remains
The Borden Company Consumer Staples Gone
The New York Central Railroad Company Industrials Gone
The North American Company Utilities/Industrials Remains
The Pennsylvania Railroad Company Industrials Gone
The Procter & Gamble Company Consumer Staples Remains
The United Gas Improvement Company Utilities Gone
Union Carbide and Carbon Corp. Materials Remains
Union Pacific Railroad Company Industrials Remains
United States Steel Materials Remains
Westinghouse Electric & Manufacturing Industrials Remains
The original emphasis on blue-chip companies still holds today. Nearly 90% of the fund's assets are invested in companies with an economic moat
Hi Ted,
My best guess.
I believe this to be Corporate Leaders Trust and was organized in 1935 with an equal number of common stock shares in the 30 leading US companies at the time. Since it is organized as a unit investment trust it is passively managed and with this it can't purchase new stocks, so it holdings have changed due to spin-offs or mergers since inception. It is currently invested in only 22 companies and carries the ticker symbol of LEXCX.
Skeeter
Regards,
Ted
Fund History:
http://www.istockanalyst.com/article/viewarticle/articleid/4872031#
M8 Snapshot Of LEXCX: http://quotes.morningstar.com/fund/f?t=LEXCX®ion=USA&culture=en-US