I was interested to see an April 24 press release stating that the Vice Fund was in the top 2% of multi-cap mutual funds for the past 3 year period. The Vice Fund's 1-year trailing return is 19%.
The Vice Fund looks "for companies that derive a significant portion of their revenues from products often considered socially irresponsible." Lots of Vegas-related investments. It even has a small holding in Rick's.
It's appealing to me because these "socially irresponsible" stocks may well be underpriced because people want to avoid them for reasons unrelated to their business strength.
A good way to diversify a portfolio?
Yahoo's summary page: Vice Fund



Reply With Quote


Bookmarks