Webinars

Event 

Category:
Financial Advisor Webinar Series
Title:
Sin Stocks Are A Blessing In A Difficult Market
Presenter:
K.C. Ma, Ph.D.
Jeff Middleswart
When:
09/09/10  4:00 PM EST
CE Credit:
Event rating:
User rating
 
3.8 (37)

DESCRIPTION

Wrenching volatility in core investments has created greater appreciation for the sin sector. Like it or not, sin stocks have a place in portfolios, academic studies have shown.

Having historically produced above-average cash flows and dividends, vice stocks have the potential to outperform in a difficult economy.

At this webinar, you’ll learn from a sin stock portfolio manager and a leading academic expert about:

  • What is considered a vice company?
  • How vice stocks have performed versus the S&P 500
  • Why vice-related companies consistently outperform companies of comparable size in traditional sectors
  • Comparing a typical vice company to a typical consumer non-durable company
  • Vice-stock performance in various market cycles
  • Potential cost of abstaining from sin stocks
  • Using sin stocks in an asset allocation strategy

Guest speakers are Jeff Middleswart, Portfolio Manager of the Vice Fund and president of Behind the Numbers LLC, and K.C. Ma, Ph.D., CFA, Roland Chair of Applied Investments at Stetson University and author of "Sin Stock Returns" with Dr. Frank Fabozzi of Yale University.

Launched in 2002, The Vice Fund focuses on four industry groups--alcohol, tobacco, gaming and defense. It has received much recent media attention due to its outperforming the S&P 500 and ranking in the top 3 percent of its large-blend fund peers according to Morningstar. USA Mutuals functions as the investment advisor to the Vice and the Generational Wave Growth Funds.

 

Please note: the webinar recording and presentation slides are under compliance review and therefore not yet available.



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Average user rating from: 37 user(s)

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Rating:
 
3.8
 
 

0 of 0 people found the following review helpful
It gave an interesting perspective on the sin stocks that many people try to avoid. If they could see the returns they might change their mind.
Rating:
 
4.0
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herbm508 Reviewed by herbm508
September 08, 2010
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Last updated: September 08, 2010
 

0 of 0 people found the following review helpful
Interesting to see returns on this set of investments. Some clients are not interested, due to nature of 'sin', but others are looking for return no matter what. Will be an alternative for them to consider.
Rating:
 
3.0
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AndyTilp Reviewed by AndyTilp
September 08, 2010
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Last updated: September 08, 2010
 

0 of 0 people found the following review helpful
Not something I would have thought I enjoyed but I learned a lot. KC was not the best presenter but sure was interesting. I liked Brien as a moderator very much! It ran a bit long but that is my only negative comment.
Rating:
 
4.0
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laurenl713 Reviewed by laurenl713
September 08, 2010
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Last updated: September 08, 2010
 

0 of 0 people found the following review helpful
Dr. Ma's research is impressive; however, he is mistaken about the reason why some investors don't buy vice stocks. It's not as simple as they don't like the company. It is typically tied to a personal value. If a client simply doesn't like a stock there's a chance that you can change their mind. However, if a client doesn't like a stock because it conflicts with their values, that's something else.
Rating:
 
3.0
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kevins(41 Reviewed by kevins(41
September 08, 2010
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Last updated: September 08, 2010
 

0 of 0 people found the following review helpful
Love Andy, but Brien would make a better sportscaster than either Andy or me.
Go with your firm's strengths - Brien has the voice.
Rating:
 
5.0
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jakee206 Reviewed by jakee206
September 08, 2010
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Last updated: September 08, 2010
 
 
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