WHY THIS EXPERT SAYS TOBACCO COMPANIES ARE STILL DEFENSIVE STOCKS
Our Vice Fund Portfolio Manager, Jordan Waldrep was recently interviewed by CNBC where he gave his opinions on the current state of tobacco stocks and the impact of e-cigarettes on the market. View the full interview to learn more.
For standard performance and holdings of the Vice Fund, click here. The Fund will concentrate its net assets in industries that have significant barriers to entry including the alcoholic beverages, tobacco, gaming and defense/aerospace industries. The Fund may be subject to the risks affecting those industries, including the risk that the securities of companies within those industries will underperform due to adverse economic conditions, regulatory or legislative changes or increased competition affecting those industries, more than would a fund that invests in a wide variety of industries. For more information, please scroll to the bottom of this page.