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Vicex

VicexIs VICEX a good fund to invest now?

He is the Vice Fund. It invests in Mid Cap Blend. The fund is very low (less than $ 100 million invested). He performed well during the recent bull market, but the manager has been running the fund for less than 1 year and there was no history of how the fund performs when times are drives.

If the money starts to flow strongly in the new fund, the manager may not have enough good ideas for how to invest. I recommend staying away and put your money into an investment with a strong record long-term monitoring.

yes

You can usually get a pretty good idea if the fund is a fund to invest in good looking assets. If you think that stocks of tobacco and gaming stocks are good investments, then you should like this fund very well. Its expense ratio is much higher than what is seen through a mutual fund. The balance is good. The minimum investment is a bit high, but if it continues with its record eviable, what the heck.

As one of your players said, it has a new director, it does not require much management expertise to buy tobacco and gaming stocks.

Posted on September 3, 2010.
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