Vice Fund Receives 5-Star Rating for First Time; The Vice Fund Received a 5-Star Overall Morningstar Rating(TM) as of 4/30/06,
15 Mai 2006 - 6:35PM
Business Wire
Mutuals Advisors, Inc., the manager of the Vice Fund
(Nasdaq:VICEX), today announced that the fund received a 5-star
Overall Morningstar rating for the three-year period ending April
30, 2006, marking it the first time that the Vice Fund has received
Morningstar's highest rating. Year-to-date, the Vice Fund returned
13.31% according to data from Morningstar. As of 3/31/06, the Vice
Fund has again out-performed the market (Standard & Poor's 500
Index) average for 3 months, 6 months, 1 year, 3 years, and since
inception on June 21, 2001. -0- *T Vice S&P Fund 500 (VICEX)
Index 3 Month (cumulative) 10.38% 4.21% 6 Month (cumulative) 12.00%
6.38% 1 Year (cumulative) 18.98% 11.73% 3 Year (average annual)
29.51% 17.19% Since inception (average annual) 18.63% 12.14%
(6/21/01) *T Performance data quoted represents past performance;
past performance does not guarantee future results. The investment
return and principal value of an investment will fluctuate so that
an investor's shares, when redeemed, may be worth more or less than
their original cost. Current performance of the fund may be lower
or higher than the performance quoted. Performance data current to
the most recent month end may be obtained by calling (866) 264-8783
/or visiting www.vicefund.com. The Fund imposes a 1.00% redemption
fee on shares held for less than two months. "I am extremely
pleased with the fund's strong three-year track record," said
Michael Henry, Co-Portfolio Manager, referring to the company's
ratings as of April 30, 2006. "It's a true testament to the
investment merits of the gaming, defense, alcohol and tobacco
industries, despite the fact that many so-called socially conscious
investors disregard them." The Vice Fund returned a total of 13.31%
so far in 2006, through April 30, versus the 5.61% return of the
S&P 500 Index, including income. The Vice Fund has an
annualized three year return of 27.11% through April 30, 2006,
compared to the S&P 500's 14.68% return over the same time
period. The funds' investment objectives, risks, charges and
expenses must be considered carefully before investing. The
prospectus contains this and other important information about the
investment company, and it may be obtained from www.vicefund.com or
by calling Shareholder Services toll free at 866-264-8783. Read it
carefully before investing. The Fund can be purchased direct
through the Fund Company's website or through numerous brokerage
firms including T.D. Waterhouse, Ameritrade, Scottrade, Harris
Direct, and many others. (C) 2006 Morningstar, Inc. All Rights
Reserved. The information contained herein: (1) is proprietary to
Morningstar and/or its content providers; (2) may not be copied or
distributed; and (3) is not warranted to be accurate, complete or
timely. Neither Morningstar nor its content providers are
responsible for any damages or losses arising from any use of this
information. Past performance does not guarantee future results.
For each fund with at least a three-year history, Morningstar
calculates a Morningstar Rating TM (based on a Morningstar
Risk-Adjusted Return measure that accounts for variation in a
fund's monthly performance, including the effects of sales charges,
loads, and redemption fees), placing more emphasis on downward
variations and rewarding consistent performance. The top 10% of
funds in each category receive 5 stars, the next 22.5% receive 4
stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars
and the bottom 10% receive 1 star. (Each share class is counted as
a fraction of one fund within this scale and rated separately,
which may cause slight variations in the distribution percentages.)
The Overall Morningstar Rating for a fund is derived from a
weighted average of the performance figures associated with its
three-, five- and ten-year (if applicable) Morningstar Rating
metrics. Vice Fund was rated against the following numbers of U.S.
domiciled Mid-Cap Blend funds over the following time periods: 355
funds in the last three years. With respect to these Mid-Cap Blend
funds, the Vice Fund received a Morningstar Rating of 5-stars for
the three-year period. Investing in the Vice Fund involves special
risks, including but not limited to, investments concentrated in
one or more sectors, small and medium capitalization companies and
foreign securities. Please refer to the prospectus for further
details. Investment performance reflects fee waivers in effect. In
the absence of such waivers, total return would be reduced. The
S&P 500 Index is an unmanaged index commonly used to measure
performance of U.S. stocks. You cannot invest directly in an index.
The MUTUALS.com funds are distributed by Quasar Distributors, LLC.
(05/06)
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