Avarice Funds

It is estimated that by 2040, nearly three quarters of the worlds wealth will be in the pockets of people over the age of 60. It is no surprise then that the fastest growing markets in the world are catering to mature populations. The Avarice Geezer Stock Fund portfolio of both domestic and foreign stocks is aligned to capitalize on this trend. Fund managers select stocks of companies that have a significant presence in this market, especially those companies that have wide and deep moats around their businesses. 

PERFORMANCE

Avarice Geezer Stock Fund has topped every other fund tracked as part of the World Gerontological Index (WGI) over the past one-, three-, five- and ten-year periods. It is also becoming one of the best performers in developing market investments, where access to better health services is rapidly advancing. 

OUTLOOK

Geezers are the fastest growing segment of the population, and because it requires significant relative wealth to advance in age enough to become a geezer, it is highly likely that the world’s wealth will be controlled by this population segment. Today this is evidenced by the fact that funding for research into illnesses affecting people over 60 years old is three times that of medical research into infant and adolescent diseases.

RISK

While there are over 150,000 deaths per day around the world, most of those are from individuals who had few, if any assets and likely died in poverty. Consequently, revenue of companies catering to the needs and interests of the mature population, where wealth tends to be accumulated, is well protected. And there is no evidence that this situation is likely to change anytime soon.  

FEES

The fund's expense ratio of only 9.63% is a mere few percentage points of above that of the next most costly performing mutual fund in the category. 

INVEST

For more information about Avarice Geezer Stock Fund, to request a prospectus, or to establish an investment account, contact your local broker or one of our offices.