Vice Fund's Three-Year Return Ranked in Top 2%; Lipper Ranked Vice Fund in Top 2% Among 608 Multi-Cap Core Funds for Three-Year
24 Aprile 2006 - 6:35PM
Business Wire
For the three-year period ending March 31st, the Vice Fund
(Nasdaq:VICEX) ranked 9th out of 608 total Multi-Cap Core funds
with Lipper Analytical Services. The Vice Fund has generated an
annualized three-year return of 29.51% for the three-year period
ending 3/31/06, easily outperforming the 17.19% annualized total
return of the Standard & Poor's 500 Index over the same time.
This no load; multi-cap fund invests primarily in the alcohol,
gaming, tobacco, and defense industries. For the first quarter of
this year, 2006, the Vice Fund has returned 10.38%, compared to the
S&P 500's return of 4.21%. -0- *T Quarter end Total Returns
through March 31, 2006 Vice Fund S&P 500 Index ----------
-------------- 3 Months (cumulative) 10.38% 4.21% 6 Months
(cumulative) 12.00% 6.38% 1 Year (cumulative) 18.98% 11.73% Since
inception (average annual) 18.63% 12.14% (Inception date: 8/30/02)
*T 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 calling 1-800-MUTUALS. "We are very
pleased with the Vice Fund's strong performance, and believe the
outlook for the gaming, defense, tobacco and alcohol industries has
the potential to remain favorable," said Michael Henry,
Co-Portfolio Manager. The Fund reached a new high in assets under
management in March, surpassing $50 million for the first time. The
Vice Fund opened on August 30, 2002. The no-load fund has a minimum
initial investment of $2,500 and can be purchased directly or
through 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 www.VICEFUND.com.
Read it carefully before investing. The Fund is nondiversified,
meaning it may concentrate its assets in fewer individual holdings
than a diversified fund. Therefore, the Fund is more exposed to
individual stock volatility than a diversified fund. The Vice Fund
may invest in foreign securities which involve greater volatility
and political, economic and currency risks and differences in
accounting methods. The Fund invests in smaller companies, which
involve additional risk such as limited liquidity and greater
volatility. 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. As of 3/31/06, Lipper ranked the Vice Fund
number 150 among 875, and number 9 among 608 Multi-Cap Core funds
for the one and three year periods, respectively. 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.
Grafico Azioni Usa Mutuals Vice Fund-Investor Class (MM) (NASDAQ:VICEX)
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