Investing in the Vice Fund

LarryWiley · Jul 25, 2004

http://www.vicefund.com/fundfacts.html

“It is our philosophy that although often considered politically incorrect, these and similar industries and products...will continue to experience significant capital appreciation during good and bad markets. We consider these industries to be nearly ‘recession-proof.’”

WildBill · Jul 25, 2004

These things are usually signs of a bubble. Notice they rarely start when such stocks aren't doing well. Sure enough since it began it has been underperforming the market. Remember all the socially conscious funds? Many were closed recently as they have not done well at all and aren't drawing in investor money.

lester · Jul 25, 2004

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> Sure enough since it began it has been underperforming the market <HR></BLOCKQUOTE>

Which market would that be?

chart

The problem with the fund is that the expense ratio is too high. Since the fund only owns a handfull of stocks, it would be easy to recreate this fund in your personal portfolio.

Fishhead · Jul 26, 2004

Investing in these three stocks will probably return more than the fund will have done five years from now.

BUDWEISER
INTERNATIONAL GAMING TECHNOLOGY
HARRAHS ENTERTAINMENT

Investing in the Vice Fund

Search

LarryWiley

New member

WildBill

New member

lester

New member

Fishhead

Active member

Forum statistics

Share this page