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SMG - AdvisorShares Vice ETF: Sin Stocks With A Unique Angle
Scotts Miracle-Gro Company
"It has been my experience that folks who have no vices have very few virtues." - Abraham Lincoln
Why build an exchange-traded-fund centered around vices? Human self-control is known to be in short supply. As a result, investments that benefit from excess tend to perform well through all economic climates. Junk food, beer, cigarettes, casinos, and more - as long as we're human, many of us are likely to indulge in these sorts of things from time to time.
Thus the Advisorshares Vice ETF (ACT), an ETF that is set to profit from