Description

This fund aims for significant long-term growth of capital. Under typical market conditions, it will invest a minimum of 80% of its net assets (including any borrowed funds for investment) in the equity securities of companies that earn a substantial portion of their revenue from particular "vice" sectors. These industries specifically include alcoholic beverages, defense/aerospace, gaming, and tobacco. The fund will dedicate at least 25% of its total assets to this combined group of four industries, yet it ensures no more than 80% of its net assets are concentrated in any single industry among them.