PRESS RELEASE
For immediate release
Contact: Steven Kiel
(571) 766-8089
steven.kiel@arquitos.com
Annandale, VA, May 18, 2010 — Arquitos Capital Management, a Virginia-based investment management firm, announced today that it will donate a portion of its fees from The Freedom Fund to soldier support organizations. The Freedom Fund is a spoke fund that launched on May 5, 2010 and is designed to be more transparent, with lower expenses and a more investor-friendly structure than mutual funds.
The fund’s manager, Steven Kiel, is a captain in the United States Army Reserves and a veteran of Operation Iraqi Freedom. Kiel said, “When I was in Iraq, my platoon members and I benefited greatly from the generosity of people who put together care packages back home. I’ll never forget their thoughtfulness, and I want them to know how much I appreciated it. Our first donation will be to Operation Care Package in Joliet, Illinois. I encourage others to follow our lead.” Operation Care Package can be found at www.operationcarepackages.org
Arquitos Capital Management was created with a mission to treat investors fairly and ethically. SEC investigations into Wall Street firms have underscored the fact that those firms don’t have a fiduciary duty to put the interests of their clients ahead of their own. As a registered investment advisory firm, Arquitos Capital Management gladly has that duty, and demonstrates it in the way they treat their clients.
“Investors in The Freedom Fund are not nameless and faceless, like they would be if they invested in a mutual fund,” said Kiel. “They can call me up to chat about our investments at any time. Most importantly, though, our investors know that my interests as the fund manager are in complete agreement with theirs. I have nearly my entire net worth in the fund right alongside their investment.”
Clients can place individual, joint, retirement, trust, and business accounts in The Freedom Fund. To learn more about The Freedom Fund and to sign up for the monthly newsletter, visit Arquitos Capital Management’s Web site, located at www.arquitos.com, or contact Steven Kiel at (571) 766-8089.
About Arquitos Capital Management:
Arquitos Capital Management is an independent, fee-only investment management firm based in Virginia. The firm manages individual, retirement, business, and trust accounts using a conservative, value-oriented investing approach.
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