The Vice Fund (ticker: VICEX) adds holdings in stocks of psychedelic drugs

DALLAS, Texas, USA, August 26, 2022 /EINPresswire.com/ — Under normal market conditions, The Vice Fund (symbol: VICEX) 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 income from a vice industry group that includes the beverage industries alcohol, defence/aerospace, gaming and tobacco . The Fund 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 a single industry). The Vice Fund also recently added exposure to cannabis and psychedelics.

“Deeds of Sin” or “Sectors of Vice” are those sectors whose orientation, in the advisor’s assessment, may be morally challenged by members of the general public or face funding or regulation due to social disapproval. In addition, under normal market conditions, the Fund invests in at least three countries (one of which may be the United States) and invests at least 40% of its total assets at the time of purchase in companies not American.​

Over the past two decades, the fund has changed names for short periods. It was briefly renamed Vitium Global Fund, as Vitium, which means vice in Latin, was a clever way for the fund to placate its politically correct naysayers. It seems the Fund is no longer trying to tiptoe, recently adding cannabis and psychedelics to its holdings.

To learn more about The Vice Fund, click here: www.ViceFund.com

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HOW TO INVEST:

The Vice Fund (ticker: VICEX) is available on many self-managed platforms, including Schwab, Fidelity and Pershing. You can buy shares through brokers, financial advisers or other financial intermediaries who distribute the funds. Look for the VICEX symbol with your guardian.

You can also buy US mutual funds directly from us. Please call our Shareholder Services team at 1.866.264.8783 with any questions about call options.

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About USA Mutuals Advisors, Inc.:

USA Mutuals has been a provider of alternative investment strategies for institutional and retail clients for nearly three decades. Originally founded in 1994 as a segregated account manager, which transformed into a public mutual trust in 2001, the company was launched with a simple mandate: to create an environment in which the company’s objectives and expectations are really aligned with our investors. Visit www.USAMutuals.com to learn more.

Past performance does not guarantee future results. Performance data quoted represents past performance and current returns may be lower or higher. Stock prices and investment returns fluctuate and an investor’s stock may be worth more or less than the original cost when redeemed. For performance data at the end of the most recent month, please call 1-866-264-8783.

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IMPORTANT RISK INFORMATION:

Investors should carefully consider the investment objectives, risks, charges and expenses before investing. To obtain a prospectus or simplified prospectus containing this and other information about the Fund, please call 1-800-MUTUALS or visit our website at www.USAMutuals.com. Read the prospectus or simplified prospectus carefully before investing.

Past performance does not guarantee future results. Performance data quoted represents past performance and current returns may be lower or higher. Stock prices and investment returns fluctuate and an investor’s stock may be worth more or less than the original cost when redeemed. For performance data at the end of the most recent month, please call 1-866-264-8783.
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IMPORTANT DISCLOSURES:

Click here for the Prospectus: https://usamutuals.com/literature-and-forms/

USA Mutuals Funds are distributed by Northern Lights Distributors, LLC.

Northern Lights Distributors, LLC and USA Mutual Advisors, Inc. are not affiliated.

Investing in a mutual fund involves risk; a principal loss is possible. The Fund will concentrate its net assets in sectors that present significant barriers to entry, including the alcoholic beverages, tobacco, gaming and defence/aerospace sectors. The Fund may be subject to the risks affecting these sectors, including the risk that the securities of companies within these industries will suffer underperformance due to adverse economic conditions, regulatory or legislative changes or increased competition affecting these industries, more than a fund that invests in a wide variety of industries. The Fund invests 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 carry additional risks, such as limited liquidity and greater volatility. Derivatives may involve certain costs and risks such as liquidity, interest rates, market, credit, management and the risk that a position cannot be closed at the most advantageous time. Investing in derivatives may result in a loss greater than the amount invested. If the price of a security sold short increases, the Fund may need to cover its short position at a higher price than the short sale price, resulting in a loss.

6864-NLD-08242022

Shareholder Services
USA Mutuals Advisors, Inc.
+1 866-264-8783
[email protected]
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James V. Hayes