Per the USA Mutuals website, The Vice Fund invests in domestic and foreign companies engaged in the aerospace and defense industries, owners and operators of casinos and gaming facilities, manufacturers of cigarettes and other tobacco products, and brewers, distillers, vintners and producers of other alcoholic beverages.
The Vice Fund's investment scope, as stated on the USA Mutuals website, includes companies from diverse industries, including those involved in aerospace and defense, casinos and gaming, tobacco products, and alcohol production.