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Fund & Games

This investment is so bad it might be good.

This story appears in the January 2003 issue of Entrepreneur. Subscribe »

For those with a politically incorrect bent, here's a fundthat loves our vices. Just when you've gotten to the point inlife when you know firsthand that too much smoking, drinking andgambling is no way to live, out comes a mutual fund that invests inall those things: the Vice Fund.

The brainchild of, the Vice Fund (VICEX) started sellingshares on September 1, 2002, at $10 per share. At the close ofbusiness on October 14, shares were down 61 cents at $9.38.

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