Tab-Info Asia

Will be held this November 11 – 13 at the Centara convention centre in Bangkok Thailand, hosted by Tobacco Reporter and organised by Think Event Marketing. Besides the exhibition there will be a concurrent congress on topical issues affecting the industry presented by Global leaders from the Tobacco Industry.

I plan on attending and will be pleased to see you there.

Let me know

Mississippi to Auction confiscated cigarettes:

Mississippi announced this week it will hold a public auction on October 27th to sell about 1 million cartons of confiscated cigarettes and small cigars seized at a Tupelo warehouse facility earlier this year.
Presumably this is to recover / compensate the State for potential lost tax revenues?
What price will they sell for and how does this sit with other manufacturers and distributors in the state of Mississippi who have fully complied with the law and regulations? This sale undermines their efforts and fails to reward their honesty and integrity.
What do you think?

FDA – 1st Amendment challenge

Well that didn’t take long as Reynolds American and Lorillard filed legal challenges last week to the FDA’s ability to restrict tobacco advertising – under the First Amendment of the US constitution.

Don’t hope for an early resolution as before this is all over it will almost certainly go all the way to the Supreme Court who should rule it unconstitutional.

But will they?

The Tobacco Industry stands by its right to communicate freely with its customers.

The FDA / public health community says tobacco advertising should be banned or restricted.

What’s you view?

An interesting side show will be the resrictions on future communications of lower risk products. How do you get this message out in a restrictive advertising market?

Looking for safe-harbors in this recession?

Check out the link below to read more.

Alcohol, tobacco stocks weather recession

 

By Andrew Leckey

 

Tribune Media Services

 

 

 

http://www.pressdemocrat.com/article/20090726/BUSINESS/907261048/1036?Title=Alcohol-tobacco-stocks-weather-recession

 

 

Vice Fund – USA Mutuals – Free conference call

  A COMPLIMENTARY CONFERENCE CALL 

 UNDERSTANDING SIN INVESTING 

POTENTIAL OPPORTUNITIES IN UNCERTAIN MARKETS 

With Special Guests:

Dr. KC Ma, Roland Chair of Investments at Stetson University and author of Sin Stock Returns with Dr. Fabozzi of Yale University

Mr. Thomas Schumann, Chairman and Co-Founder of German Tobacco Group AG, Frankfurt 

 A COMPLIMENTARY CONFERENCE CALL 

 UNDERSTANDING SIN INVESTING 

POTENTIAL OPPORTUNITIES IN UNCERTAIN MARKETS 

With Special Guests:

Dr. KC Ma, Roland Chair of Investments at Stetson University and author of Sin Stock Returns with Dr. Fabozzi of Yale University

Mr. Thomas Schumann, Chairman and Co-Founder of German Tobacco Group AG, Frankfurt 

 

You Heard About the Vice Fund…

Now Learn Why Vice Investing May Be For You!

The past year has seen unprecedented market volatility. But while these turbulent markets have been painful for traditional sectors, they have created greater awareness and appreciation for the widely misunderstood Sin sector. 

Ask the experts your own questions during our audience Q&A segment!

Registration is limited, so secure you place today online, either reply to this email or click http://www.usamutuals.com/contact.aspx to reserve your spot.

 

Please join us on a special conference call as we  further educate investors on the potential opportunities within the Sin sector.   

Past performance is not a guarantee of future results.The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other information about the investment company, and it may be obtained by contacting 866.264.8783 or go to www.USAMutuals.com, or contact your financial advisor. Read it carefully before investing.

Mutual fund investing involves risk; principal loss is possible.  The Vice Fund is non diversified, 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.   

The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. You cannot invest directly in an index.

The USA MUTUALS Funds are distributed by Quasar Distributors, LLC.

 


Charles Norton, CFA portfolio manager of the USA Mutuals Vice Fund will be moderating an informative and entertaining  discussion featuring two of the  leading experts on Sin Stocks as they discuss:

  • What is considered a Sin/Vice company?
  • Empirical evidence on how sin stocks have performed versus the S&P 500, on a risk-adjusted basis, for the period January 1970-June 2007
  • Performance of sin stocks in different market conditions
  • Potential financial cost of abstaining from ‘Sin’ stocks
  • The business of tobacco
  • How investors may potentially profit from investing in ‘Sin’ related industries such as Tobacco
  • How will the new government programs influence the market?
  • Should Sin stocks  be a core part of an asset allocation investing strategy?

You Heard About the Vice Fund…

Now Learn Why Vice Investing May Be For You!

The past year has seen unprecedented market volatility. But while these turbulent markets have been painful for traditional sectors, they have created greater awareness and appreciation for the widely misunderstood Sin sector. 

Please join us on a special conference call as we  further educate investors on the potential opportunities within the Sin sector.   

Charles Norton, CFA portfolio manager of the USA Mutuals Vice Fund will be moderating an informative and entertaining  discussion featuring two of the  leading experts on Sin Stocks as they discuss:

  • What is considered a Sin/Vice company?
  • Empirical evidence on how sin stocks have performed versus the S&P 500, on a risk-adjusted basis, for the period January 1970-June 2007
  • Performance of sin stocks in different market conditions
  • Potential financial cost of abstaining from ‘Sin’ stocks
  • The business of tobacco
  • How investors may potentially profit from investing in ‘Sin’ related industries such as Tobacco
  • How will the new government programs influence the market?
  • Should Sin stocks  be a core part of an asset allocation investing strategy?

Ask the experts your own questions during our audience Q&A segment!

Registration is limited, so secure you place today online, either reply to this email or click http://www.usamutuals.com/contact.aspx to reserve your spot.

 

 

 

 

 

  

Past performance is not a guarantee of future results.

The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other information about the investment company, and it may be obtained by contacting 866.264.8783 or go to www.USAMutuals.com, or contact your financial advisor. Read it carefully before investing.

Mutual fund investing involves risk; principal loss is possible.  The Vice Fund is non diversified, 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.   

The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. You cannot invest directly in an index.

The USA MUTUALS Funds are distributed by Quasar Distributors, LLC.

  Logo_XSmall.gif
 
  Conference Call
Information
 
 
 
  Date:   Wednesday, July 29, 2009  


  Topic:   Understanding Sin Investing  


  Time:   3:30 p.m. Eastern  


  Register   Email Info@USAMutuals.com  



  Website:   USAMutuals.com  
 
 
       

 

You Heard About the Vice Fund…

Now Learn Why Vice Investing May Be For You!

The past year has seen unprecedented market volatility. But while these turbulent markets have been painful for

Past performance is not a guarantee of future results.The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other information about the investment company, and it may be obtained by contacting 866.264.8783 or go to www.USAMutuals.com, or contact your financial advisor. Read it carefully before investing.

Mutual fund investing involves risk; principal loss is possible.  The Vice Fund is non diversified, 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.   

The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. You cannot invest directly in an index.

The USA MUTUALS Funds are distributed by Quasar Distributors, LLC.

 


You Heard About the Vice Fund…

Now Learn Why Vice Investing May Be For You!

The past year has seen unprecedented market volatility. But while these turbulent markets have been painful for traditional sectors, they have created greater awareness and appreciation for the widely misunderstood Sin sector. 

Please join us on a special conference call as we  further educate investors on the potential opportunities within the Sin sector.   

Charles Norton, CFA portfolio manager of the USA Mutuals Vice Fund will be moderating an informative and entertaining  discussion featuring two of the  leading experts on Sin Stocks as they discuss:

  • What is considered a Sin/Vice company?
  • Empirical evidence on how sin stocks have performed versus the S&P 500, on a risk-adjusted basis, for the period January 1970-June 2007
  • Performance of sin stocks in different market conditions
  • Potential financial cost of abstaining from ‘Sin’ stocks
  • The business of tobacco
  • How investors may potentially profit from investing in ‘Sin’ related industries such as Tobacco
  • How will the new government programs influence the market?
  • Should Sin stocks  be a core part of an asset allocation investing strategy?

Ask the experts your own questions during our audience Q&A segment!

Registration is limited, so secure you place today online, either reply to this email or click http://www.usamutuals.com/contact.aspx to reserve your spot.

 

 

 

 

 
 

Invest Your Knowledgesm

 For more information regarding USA Mutuals and the USA Mutuals Vice Fund  please visit us at                               http://www.usamutuals.com/.  

 

   


 
  Past performance is not a guarantee of future results.The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other information about the investment company, and it may be obtained by contacting 866.264.8783 or go to www.USAMutuals.com, or contact your financial advisor. Read it carefully before investing.

Mutual fund investing involves risk; principal loss is possible.  The Vice Fund is non diversified, 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.   

The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. You cannot invest directly in an index.

The USA MUTUALS Funds are distributed by Quasar Distributors, LLC.

 


Tobacco Harm reduction and the FDA – the story behind the story.

Congress is working through the FDA bill which will ultimately regulate the Tobacco Industry. It’s likey to pass this year but even if it doesn’t most view it as only a matter of time – although we’ve been saying this for over ten years now.

What’s not encouraging is how little the bill has changed in this time. The bill has become a piece of history apparently frozen in time.

According to reports Congressamn Waxman had to ask what MSA stood for – which certainly conveys the impression he’s not entirely in the loop.

As written the bill favors the status quo. That’s great if you’re PM USA, but things change and there are other stake holders.

No word is included about tobacco harm reduction – in fact for cigarettes the bill almost precludes it by setting the bar so high as to be unattainable.

There’s no language differentiating or explaining relative risk for tobaco products. All will carry similar health warnings. The general public will not be informed and will not know that smokeless tobacco products can be greater than 90% less harmful than combustible products.

The bill needs serious amendment. Whether that will happen at this late stage is debatable.

Contact your congressman and ask him to amend the bill to include language on relative risk and at least the possibility to enable development of a lower risk cigarette at sometime in the future. Smokers deserve nothing less.

How do you like this – May 31st is no tobacco day?

This e-mail arrived unsolicited in one of our partners e-mail  in-box – he doesn’t even work in the Industry.

Nice to know others are taking care of our well-being!

“Wouldn’t the world be a better place if we could all just “say no” to
tobacco? That’s what World No Tobacco Day on Sunday, May 31st is all
about.

According to the World Health Organization, by 2030, if current trends
continue, smoking will kill one in every six people around the world,
not to mention the financial toll that it takes.

In the United States alone, smoking cost $193 billion in 2004,
including $97 billion in lost productivity and $96 billion in direct
health care expenditures.

So please, take a moment to show your support of World No Tobacco Day by:

Going without tobacco for the day. Just one day will make a difference.
Isn’t it time to quit? Join our Freedom from Smoking®Online Program or
recommend it to a loved one who smokes. Our proven program can help
you end your addiction to tobacco and nicotine. The online program is
available at www.ffsonline.org
Become a Facebook® fan! And while you’re there, please donate your
status to the cause. On Sunday, simply change your status to: Today is
World No Tobacco Day — for tips on quitting, go to www.LungUSA.org
Follow us on Twitter! It’s a great place to find encouragement and support.
Make a donation. Your gift can truly save lives.

Thanks so much for all your help… and for supporting World No Tobacco
Day on Sunday.

Stephen J. Nolan
National Volunteer Chair

Copyright © 2009 American Lung Association

TMA Conference – a big success

TMA held its annual conference and meeting again at the Kingsmill resort in Williamsburg Virginia – May 18 – 19 2009.

The theme was pending FDA industry regulation and its potential impact. There was lots to discuss and a lively debate ensued on several diversely related topics.

Clearly FDA regulation will have a profound impact on the industry – when it eventually happens. Clearly there’s much work to do.