The VICE Fund NASDAQ:VICEX

The VICEX investment seeks long-term growth of capital. The fund invests primarily in equity securities of small, medium and large-capitalization companies, which include U.S. issuers and foreign issuers, including those who securities are traded in foreign jurisdictions as well as American Depositary Receipts (ADRs). It normally invests at least 80% of net assets in equity securities of companies that derive a significant portion of their revenues from alcohol, tobacco, gaming and defense/aerospace. The fund is nondiversified.