DALLAS, TX, UNITED STATES, July 22, 2022 /EINPresswire.com/ — The Vice Fund (symbol: VICEX) invests in the gambling industry and remains committed to investing in online gambling. The recent popularity of online gambling may demonstrate the infiltration of new markets for the gambling industry.
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 any single industry). “Vice industries” are those industries whose focus, in the Adviser’s assessment, may be morally questioned by members of the general public or face funding or regulatory challenges because of social disapproval.
In addition, under normal market conditions, the Vice 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 non-U.S. companies. The Vice Fund also recently added exposure to both cannabis and psychedelics.
Over the past two decades, the fund changed its name for short periods of time. It was briefly renamed as the Vitium Global Fund, because Vitium, which is the Latin for Vice, was a slick way for the fund to calm its politically correct naysayers. It seems the Fund is no longer trying to tip-toe around, recently adding both cannabis and psychedelics to its holdings.
To read more on The Vice Fund, click here: www.ViceFund.com
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