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The Vice Fund (MUTF: VICEX), formerly the Barrier Fund, is a mutual fund investing in companies that have significant involvement in, or derive a substantial portion of their revenues from the tobacco, gambling, defense/aerospace, and alcohol industries, i.e., business devoted to behaviors that are traditionally regarded as morally questionable vices.
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Each fund is ranked against its peers based on the metric used (such as Total Return or Expense), and the highest 20% of funds in each peer group are named Lipper Leaders, the next 20% receive a rating of 4, the middle 20% are rated 3, the next 20% are rated 2, and the lowest 20% are rated 1.
President Trump sat down with Republican lawmakers Thursday to discuss tax cuts and made a favorite deduction of hedge fund managers one of his targets, White House press secretary Karoline ...
The sixth fund raised €350 million from investors in 2012 and focused on investments in Europe, the U.S., and Israeli tech startups. [13] In 2017, it raised €400 million for its seventh fund, focusing on companies in Europe, the U.S., and Israel. [14]