Business/Technology Editors
GoldK, a leading provider of employer-sponsored online retirement plans, announced that the ICM/Isabelle Small Cap Value Fund has joined its multi-manager platform for 401(k) investors.
Warren Isabelle, CFA, founder and president of Ironwood Capital Management, the fund's investment adviser, manages the $131 million fund. The fund seeks to combine the risk-averse nature of value investing with the superior potential of small-company stocks. "We identify attractive investments by determining a company's long-term economic value, which is a function of its existing assets and future cash flow potential," said Mr. Isabelle. "Our investment process usually leads us toward turnaround situations, cyclical companies, transition situations and emerging companies, from which we build a diversified portfolio."
"Warren Isabelle is a world-class small-cap value investor and we are delighted to make his fund available to our clients," said Troy Shaver, vice chairman of GoldK. "The disciplined investment strategy he has applied throughout his 20-year career as a research analyst and portfolio manager and his long-term results have earned Warren a place of distinction among the business's elite managers."
Mr. Isabelle spent the bulk of his career at Pioneer Investments, where he worked for 13 years and rose to become head of domestic equities. He is best known for his management of the Pioneer Capital Growth Fund (later renamed Pioneer Mid-Cap Value Fund) and the Pioneer Small Company Fund, which he managed from their inception in 1990 and 1995, respectively, through January 1997. He began with Hartford Life Insurance as an analyst and served briefly at Keystone Investments as chief investment officer before striking out on his own with Ironwood Capital Management in 1997.
"We are pleased to be included on the GoldK platform, which provides retirement investors with terrific access to many high-quality investment managers," Mr. Isabelle said. "We look forward to helping those participants in GoldK's plans who are interested in small-cap investing achieve the long-term financial security they are seeking."
Available through leading financial advisors, GoldK delivers low-cost and efficient services that greatly reduce the administrative burdens on retirement plan sponsors and enhance the ability of participants to interact with their plan. GoldK's progressive technology and its experienced staff of retirement-plan professionals combine to give plan sponsors of any size access to some of the most sophisticated retirement plans available today. Features include complete electronic plan administration and record keeping, a multi-manager platform with a wide array of investment choices from many of America's leading mutual fund families, a self-directed brokerage option, around-the-clock account access over the Internet or telephone, live-chat online customer service and Retire Today(TM), a daily electronic newsletter for retirement investors. GoldK was recently named the retirement industry's "Online Provider of the Year" by Defined Contribution News, a newsletter published by Institutional Investor, Inc.

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