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Rydex Consumer Products Fund ( RYCIX) lives up to its name as it has a 100% allocation to the consumer-products sector. It has had a great long-term record, with a five-year average annual return of 7.9%. It is down 2.5% over the past month, but up 9.6% over the past three months, and up 9.8% this year.

The fund holds 63 stocks and its portfolio is a veritable laundry list of the leading consumer-products companies.

Its top holdings are: household-goods maker Procter & Gamble ( PG), at 6%; Coca-Cola ( KO), 5.6%; cigarette maker Philip Morris ( PM), 5%; beverage and snack maker Pepsi ( PEP), 4.6%; processed-food giant Kraft Foods ( KFT), 3.4%; cigarette maker Altria ( MO), 3.4%; and personal-care products maker Colgate-Palmolive ( CL), 2.9%.

The aptly named Vice Fund ( VICEX) is proof of that. Although it is down 2.6% this month, it is up 10.4% this year which puts it in the top 1% of top-performing funds of the 1,970 funds in the large-blend stock fund category for that period. It also has a five-year average annualized return of 3.3%.

The fund's 30-stock portfolio is 57% consumer-defensive stocks, compared to 12% for its category average. The next-largest allocation is to industrials, at 25% of the fund, about double its category average, and consumer cyclical, a 14% weighting, versus the 8% average of other funds in its category.

The Vice Fund's top-five picks are: cigarette makers Philip Morris International ( PM) at 12.7% of the fund; Lorillard ( LO), 10%; Altria ( MO), 6%; and adult-beverage makers Carlsberg ( AS), at 6.3%, and Diageo ( DEO), 4.1%.

The industrial weighting includes a handful of defense-industry stocks, including: Northrop Grumman ( NOC), General Dynamics ( GD) and Raytheon ( RTN).

For those with no moral qualms about what they invest in, booze and butts do well in any investing environment.

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