GLOBAL - Texas-based firm Mutuals.com has launched a controversial new "vice fund" which invests in the so-called "socially irresponsible" stocks of the alcohol, gambling, tobacco, and defence industries.
The four sectors have outperformed the S&P500 comfortably over one, three and five-year periods. For the year up to June 30 the S&P500 returned -20.1%, while alcohol firms returned 11.5%, tobacco 8...
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