USA Mutuals + Invest Your Knowledge

Advisor

Mutuals Advisors, Inc
Jerry Szilagyi, President and CEO
Jerry@USAMutuals.Com

Portfolio Manager

Gerald Sullivan
GSullivan@usamutuals.com

Mr. Gerald Sullivan, Portfolio Manager, is responsible for the portfolio management of and investment research for the Funds. He has managed the Funds since June 1, 2011. Prior to joining the Advisor in June, 2011 Mr. Sullivan served as the President, Chief Compliance Officer, Treasurer and Portfolio Manager for the Industry Leaders Fund since March 1999. Mr. Sullivan also serves as Chief Investment Officer of Claremont Investment Partners, LLC and is the patent holder of the Industry Leaders® Portfolio Strategy. Mr. Sullivan also served as President of the Claremont Investment Partners, LLC from 1996 to 2008. Mr. Sullivan obtained his undergraduate degree from Columbia University and holds an M.B.A. from the University of Chicago’s Booth School of Business. * References to other mutual funds should not be interpreted as an offer of these securities.

Vice Fund is offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of Vice Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Mutual fund investing involves risk; principal loss is possible.The Fund is nondiversifed, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The Fund invests in smaller companies, which involve additional risks such as limited liquidity and greater volatility.