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Vice Fund
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 industry, defense/aerospace, and alcohol (drug), alcohol industries, i.e., business devoted to behaviors that are traditionally regarded as morally questionable vices. The fund has received a great deal of media coverage even in non-English magazines.Syndens seier, Ole Asbjørn Ness, Jacob Trumphy, Finansavisen 10 September 2011, p.34–37 History The fund manager as of September 1, 2020 is Paul Strehle. The fund was organized in March 2001 by USA Mutuals, which at the time was known as Mutuals.com. The fund's inception date was August 30, 2002. On October 1, 2019, USA Mutuals renamed the Vice Fund to the Vitium Global Fund. The newly named fund will invest at least 40% of its assets in foreign companies. References {{reflist External links VICE FUND Fact Sheet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutual Fund
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital') and open-ended investment company (OEIC) in the UK. Mutual funds are often classified by their principal investments: money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds. Funds may also be categorized as index funds, which are passively managed funds that track the performance of an index, such as a stock market index or bond market index, or actively managed funds, which seek to outperform stock market indices but generally charge higher fees. Primary structures of mutual funds are open-end funds, closed-end funds, unit investment trusts. Open-end funds are purchased from or sold to the issuer at the net asset value of each share as of the close ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tobacco
Tobacco is the common name of several plants in the genus '' Nicotiana'' of the family Solanaceae, and the general term for any product prepared from the cured leaves of these plants. More than 70 species of tobacco are known, but the chief commercial crop is ''N. tabacum''. The more potent variant ''N. rustica'' is also used in some countries. Dried tobacco leaves are mainly used for smoking in cigarettes and cigars, as well as pipes and shishas. They can also be consumed as snuff, chewing tobacco, dipping tobacco, and snus. Tobacco contains the highly addictive stimulant alkaloid nicotine as well as harmala alkaloids. Tobacco use is a cause or risk factor for many deadly diseases, especially those affecting the heart, liver, and lungs, as well as many cancers. In 2008, the World Health Organization named tobacco use as the world's single greatest preventable cause of death. Etymology The English word ''tobacco'' originates from the Spanish word "tabaco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defense Industry
The arms industry, also known as the arms trade, is a global industry which manufactures and sells weapons and military technology. It consists of a commercial industry involved in the research and development, engineering, production, and servicing of military material, equipment, and facilities. Arms-producing companies, also referred to as arms dealers, or as the military industry, produce arms for the armed forces of states and for civilians. Departments of government also operate in the arms industry, buying and selling weapons, munitions and other military items. An arsenal is a place where arms and ammunition - whether privately or publicly owned - are made, maintained and repaired, stored, or issued, in any combination. Products of the arms industry include guns, artillery, ammunition, missiles, military aircraft, military vehicles, ships, electronic systems, military communications, night-vision devices, holographic weapon sights, laser rangefinders, laser sights, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alcohol (drug)
Alcohol, sometimes referred to by the chemical name ''ethanol'', is a depressant, depressant drug that is the active ingredient in alcoholic drink, drinks such as beer, wine, and distilled spirits (hard liquor). It is one of the oldest and most commonly consumed recreational drugs, causing the characteristic effects of alcohol intoxication ("drunkenness"). Among other effects, alcohol produces happiness and euphoria, anxiolytic, decreased anxiety, increased sociability, sedation, impairment of cognitive, memory, motor control, motor, and sense, sensory function, and generalized depression of central nervous system (CNS) function. Ethanol is only one of several types of Alcohol (chemistry), alcohol, but it is the only type of alcohol that is found in alcoholic beverages or commonly used for recreational purposes; other alcohols such as methanol and isopropyl alcohol are significantly more toxicity, toxic. A mild, brief exposure to isopropanol, being only moderately more toxic tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vice
A vice is a practice, behaviour, or habit generally considered immoral, sinful, criminal, rude, taboo, depraved, degrading, deviant or perverted in the associated society. In more minor usage, vice can refer to a fault, a negative character trait, a defect, an infirmity, or a bad or unhealthy habit. Vices are usually associated with a transgression in a person's character or temperament rather than their morality. Synonyms for vice include fault, sin, depravity, iniquity, wickedness, and corruption. The antonym of vice is virtue. Etymology The modern English term that best captures its original meaning is the word ''vicious'', which means "full of vice". In this sense, the word ''vice'' comes from the Latin word '' vitium'', meaning "failing or defect". Law enforcement Depending on the country or jurisdiction, vice crimes may or may not be treated as a separate category in the criminal codes. Even in jurisdictions where vice is not explicitly delineated in the legal code, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Slate (magazine)
''Slate'' is an online magazine that covers current affairs, politics, and culture in the United States. It was created in 1996 by former '' New Republic'' editor Michael Kinsley, initially under the ownership of Microsoft as part of MSN. In 2004, it was purchased by The Washington Post Company (later renamed the Graham Holdings Company), and since 2008 has been managed by The Slate Group, an online publishing entity created by Graham Holdings. ''Slate'' is based in New York City, with an additional office in Washington, D.C. ''Slate'', which is updated throughout the day, covers politics, arts and culture, sports, and news. According to its former editor-in-chief Julia Turner, the magazine is "not fundamentally a breaking news source", but rather aimed at helping readers to "analyze and understand and interpret the world" with witty and entertaining writing. As of mid-2015, it publishes about 1,500 stories per month. A French version, ''slate.fr'', was launched in February 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Independent Institute
The Independent Institute is an American libertarian think tank based in Oakland, California. Founded in 1986 by David J. Theroux, the institute focuses on political, social, economic, legal, environmental, and foreign policy issues. It has more than 140 research fellows. The institute was originally established in San Francisco, was re-located in 1989 to Oakland, and since 2006 has had an office in Washington, D.C. The institute is organized into seven centers addressing a range of issues. According to the ''2020 Global Go To Think Tank Index Report'' (Think Tanks and Civil Societies Program, University of Pennsylvania), the institute is ranked number 42 (of 110) in the "Top Think Tanks in the United States". Publications and programs Since 1996, the institute has published the quarterly scholarly journal ''The Independent Review'', whose founding editor and editor at large is the economist and historian Robert Higgs, and co-editors are Christopher Coyne, Michael Munger, and Ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finansavisen
''Finansavisen'' is a Norwegian language, Norwegian business newspaper published by Hegnar Media in Oslo, Norway. History and profile ''Finansavisen'' was first published on 1 October 1992 by Trygve Hegnar, who is also editor-in-chief. The paper has its headquarters in Oslo. It has also an associated online edition located at finansavisen.no. It has a right-wing and neoliberal political stance. The 1997 circulation of ''Finansavisen'' was 11,477 copies. The paper had a circulation of 23,274 copies in 2006. In 2013 the circulation of the paper was 24,742 copies. References External links Official website {{Authority control 1992 establishments in Norway Publications established in 1992 Norwegian-language newspapers Business newspapers Newspapers published in Oslo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Journal Of Investing
''The Journal of Investing'' is a quarterly peer-reviewed academic journal that covers research on investment management, asset allocation, performance measurement, benchmarking, mutual funds, investing strategies such as 130/30 funds, global allocation, and practical investment ideas and portfolio strategies for the institutional buy-side such as pension funds. It is published by Portfolio Management Research and the editor-in-chief is Brian R. Bruce (Hillcrest Asset Management). Reception The School of Management of Cranfield University ranked the journal C (on a scale of A to D) in an internal document recommending outlets for management and business research to their faculty. Similarly, a 2011 ranking of finance journals by Cranfield classed the journal 2 (on a scale of 1 to 4, with 4 being the highest). Abstracting and indexing The journal is abstracted and indexed in EBSCO databases, Emerging Sources Citation Index, ProQuest databases, and Scopus Scopus is Elsevier's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
