(VICEX) Vice Fund Announces 1-Year Performance in Top 2 Percent Based on Total Fund Returns Among 582 Multi-Cap Core Funds With
2004年4月16日 - 1:12AM
PRニュース・ワイアー (英語)
(VICEX) Vice Fund Announces 1-Year Performance in Top 2 Percent
Based on Total Fund Returns Among 582 Multi-Cap Core Funds With
Lipper Analytical Services Through March 31, 2004 DALLAS, April 15
/PRNewswire-FirstCall/ -- The Vice Fund returned 57.34% for the
year ending 3/31/04, easily beating the S&P 500 Index at
35.12%. The Fund specializes in stocks of the alcohol, gaming,
tobacco, and defense industries. Performance data quoted represents
past performance and does not guarantee future results. The
investment return and principal value of an investment will
fluctuate so that an investor's shares, when redeemed, may be worth
more or less than their original cost. Current performance of the
fund may be higher or lower than the performance quoted.
Performance data current to the most recent month end may be
obtained by visiting http://www.vicefund.com/. Returns through
March 31, 2004 Vice Fund S&P 500 Index 3-month (cumulative)
5.79% 1.69% 6-month (cumulative) 21.27% 14.08% 1-year (cumulative)
57.34% 35.12% Since inception (average annual) 20.06% 15.99%
(8/30/02) The Fund ranked 10th out of 582 total Multi-Cap Core
funds, placing it in the top 2% based on total fund returns with
Lipper Analytical Services. Portfolio Manager Dan Ahrens said,
"We're proud of our results, but we think our fund performance may
really shine, comparatively, when the overall market suffers a
downturn. The fact that this fund has beaten the S&P and Dow in
the past year is a testament to just how solid we believe these
industries are through both good times and bad." Many people have
considered "sin stocks" as conservative or defensive investments
since they showed positive returns as a group in 2000, 2001, and
2002 while the overall market was losing money. In the new book,
Investing in Vice: The Recession Proof Portfolio of Booze, Bets,
Bombs, and Butts (St. Martin's Press, February, 2004), Dan Ahrens
describes the concept of "Vice Investing" and showcases each
industries historical performance in both positive and negative
markets. The Vice Fund was launched on August 30, 2002, and has
attracted new investor dollars each week since opening. The no-load
fund has a minimum initial investment of $2,500 and can be
purchased directly or though most discount brokerage firms. The
Fund's investment objectives, risks, charges and expenses must be
considered carefully before investing. The prospectus contains this
and other important information about the investment company, and
it may be obtained by calling 1-800-MUTUALS or visiting
http://www.vicefund.com/. Read it carefully before investing. The
S&P 500 Index is an unmanaged index commonly used to measure
performance of U.S. stocks. You cannot invest directly in an index.
Lipper Analytical Services, Inc is a nationally recognized,
independent mutual fund research and rating service. Each Lipper
average represents a universe of funds with similar investment
objectives. Ranking for the periods shown are based on fund total
returns with dividends and distributions reinvested. While the fund
is no-load, there are management and distribution fees that do
apply. The MUTUALS.com funds are distributed by Quasar
Distributors, LLC. (04/04) DATASOURCE: Vice Fund CONTACT: Jordan
Clopton of SunStar, +1-703-299-8390, or , for Vice Fund Web site:
http://www.vicefund.com/ http://www.mutuals.com/
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