Offer your thoughts or opinion on the input financial query or topic using your financial background.

Are there “buy and hold” passively managed funds?
Usually, the amswer to "why sell it" is "to maintain the specific distribution balance, or to track the index, that this fund was designed to offer." A "buy and hold" fund could only buy when users are actively putting money into it. That limits their ability to follow those approaches.  And I think there would be problems msking withdrawls/redeptions "fair", in terms of what shares are sold and how the costs for selling them are distributed, that don't arise for a single buy-and-hold investor. If you're willing to accept the limitations of the former, and can overcome the latter, it's an interesting idea...  But note that one of the places index funds save money is that, since the composition of indexes changes rately, they are already operating mostly in buy-and-hold mode.It's unclear how much your variant would save. Worth exploring in greater depth, though. I think.