Shock! Horror! Absence of Surprise!

Compare and contrast two big US investment funds;

Pax World Balanced (PAXWX)  – The fund follows a Sustainable Investing approach, combining rigorous financial analysis with equally rigorous Environmental, Social, and Governance (ESG) analysis in order to identify investments.

Vice Fund (VICEX) – Normally invests at least 80% of net assets in equity securities of companies that derive a significant portion of their revenues from alcohol, tobacco, gaming and defense/aerospace.

And who do you think did best over the last 8 or so years? Re-assuring to see the Devil does indeed pay the best wages.

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