Beating the Dow funds? Message Board

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Strategies & Market Trends : Beating the Dow funds?

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To: DAVID BROWN who wrote (15)	12/26/1996 10:43:00 PM
From: RavBruce	of 47

David, There is a series unit trust distributed by major brokerage firms(I know PaineWebber and Dean Witter are in it but I believe Merril Lynch and others are as well.) They buy the Dow Dogs a few times a year. They hold those ten stocks for one year, sell any that moved off the list and buy the new ones. The costs are low(you would have to buy huge quantities of shares to beat the costs) and it is a no-brainer way to beat the market(it has done so for decades). The units can reinvest dividends and you can roll-over into the new one next year for little or no cost(I am not at home so I can't check the prospectus). This is a great investment for long-term value/growth. Suitable for an IRA or account earmarked for college. The numbers speak for themselves--much higher than the majority of mutual funds. I will try to remember to post the correct name when I get home next week. Bruce Bromberg Seltzer

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