PRLog - June 20, 2012 - FAIRFAX, Va. -- Arquitos Capital Management today announced performance results for The Hayek Fund. Since inception on September 7, 2010 through June 15, 2012 The Hayek Fund returned 37.7% after fees and expenses. For the comparable time period, the S&P 500 returned 27.7%.
An index fund for conservatives
The fund’s portfolio manager, Steven Kiel, said “The Hayek Fund is the first index fund for conservatives. I am happy to announce that it has significantly outperformed the overall markets since its launch more than 21 months ago. The companies in which we’re currently invested in generally have two common characteristics:
The Hayek Fund invests in corporations who financially support free-market institutions and principles. Among its 20 current holdings are free-market leaders like Google and Whole Foods.
The portfolio is managed as a Spoke Fund®. A Spoke Fund® is a group of separate investor accounts linked to a portfolio containing a significant investment from that fund’s manager. They provide numerous advantages for investors over mutual funds. Each investor owns the same stocks and original allocations as others investors in the portfolio. Investors own the underlying stocks, providing tax advantages for the investor. Additionally, investors have online access 24/7 to view the fund’s holdings and statements.
Clients can place individual, joint, retirement, trust, and business accounts in The Hayek Fund. To learn more, please visit http://www.hayekfund.com or contact Steven Kiel at steven.kiel@
About Arquitos Capital Management:
Arquitos Capital Management is a Virginia-based investment management firm. The firm manages a hedge fund, Arquitos Capital Partners (http://www.arquitospartners.com), and two Spoke Funds®: the Arquitos Value portfolio (http://www.arquitos.com) and The Hayek Fund.