(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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