USA Mutuals Vice Fund Investor Class

Frequently Asked Questions About VICEX

What does VICEX invest in?

Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of companies that derive a significant portion of their revenues from a group of vice industries that includes the alcoholic beverages, defense/aerospace, gaming and tobacco industries. It concentrates at least 25% of its net assets in this group of four vice industries (but no more than 80% of its net assets in any single industry).

What is the expense ratio of VICEX?

USA Mutuals Vice Fund Investor Class (VICEX) charges an expense ratio of 1.73%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VICEX?

USA Mutuals Vice Fund Investor Class (VICEX) manages $47.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is VICEX actively managed or an index fund?

VICEX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was VICEX launched?

USA Mutuals Vice Fund Investor Class (VICEX) launched in September 2002 and is managed by the fund issuer.

How has VICEX performed?

VICEX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.