(PRWEB) August 21, 2002
MUTUALS.com Launches New “Socially Irresponsible” Vice Fund
DALLAS, TEXAS ( August 15, 2002) – Alcohol, Gambling, Tobacco, Defense stocks. Should these be held in your investment portfolio?* MUTUALS.com, Inc. thinks so. They have launched the new no-load mutual fund, the Vice Fund, effective August 15. It is the first and only open-end mutual fund to invest primarily in these so-called “socially irresponsible” industries.
The previous tombstone ad information at http://www.VICEFUND.com has been replaced with a fully interactive website complete with fund facts, contact information, prospectus and applications; plus interesting studies of the past performance of the alcohol, tobacco, gambling, and defense stock industries.
According to the filing with the Securities and Exchange Commission, the advisor believes these industries will always be supported and that companies in these industries, if managed correctly, will continue to experience significant capital appreciation during good and bad markets. MUTUALS.com considers these industries to be nearly “recession-proof.”
The Fund is available for a minimum investment of $ 2,500. The distributor of the Vice Fund will make orders available to purchase shares during an initial offering period from August 15, 2002, to August 30, 2002. The initial offering price will be $ 10.00 per share. The Fund is available for many account types, including individual, joint, corporate, and IRA.
About MUTUALS.com, Inc.
Since 1994, MUTUALS.com, a SEC registered Investment Advisor, has researched and analyzed more than 11,000 mutual funds. The company has a patent-pending with the U.S. Patent and Trademark Office for it’s proprietary mutual fund selection/filtering system. MUTUALS.com, Inc. advises a family of four MUTUALS.com fund of funds that all begin with the name Generation Wave. The company charges no loads, no transaction fees, and no commissions in the purchase of funds, which is key to its objective, unbiased approach.
*This is not a recommendation to buy or sell any securities; please consult an investment professional regarding your particular situation.
For more complete information about the Vice Fund, including risk, fees and expenses, visit our website or call 1-800-MUTUALS (1-800-688-8257) to carry a prospectus. Read it carefully before you send money. Past performance does not guarantee future results. Investment return and principal value of an investment will displaced so that an investor’s shares, when redeemed, may be worth more or less than their original cost. MUTUALS.com, Inc. is a NASD member firm. The MUTUALS.com funds are distributed by Quasar Distributors, LLC.
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