Winston-Salem Journal | NOT A BAD BET: Vice Fund's returns indicate that people are always going to drink, smoke and gamble

Winston-Salem Journal | NOT A BAD BET: Vice Fund's returns indicate that people are always going to drink, smoke and gamble:

"Vice can be nice when it comes to the investment returns of a mutual fund that counts on consumers to smoke, drink or gamble in good and bad economic times.

But analysts caution that the Vice Fund has benefited from good economic timing since its inception in August 2002 and that the odds are against its repeating this year its average 18 percent annualized total return.

The Vice Fund was formed by Mutual Advisors Inc. in Dallas to invest in the alcohol, gaming, tobacco and aerospace/defense industries"

This is the fund that we spoke of in class.