RAYMOND JAMES & ASSOCIATES OFFERS MATCHED ASSET PROGRAM TO GUARANTEE PRESERVATION OF PRINCIPAL WITH
Added: (Mon Oct 01 2001)
Pressbox (Press Release) -
Release No. 100101
FOR IMMEDIATE RELEASE
October 1, 2001
RAYMOND JAMES & ASSOCIATES OFFERS MATCHED ASSET PROGRAM (MAP) TO GUARANTEE
PRESERVATION OF PRINCIPAL WITH ANY INVESTMENT
WASHINGTON, DC. – The Matched Asset Program (MAP), a diversified investment strategy that can provide peace of mind to investors by increasing the protection of their principal in any investment through the use of zero coupon securities, is now being offer by Raymond James & Associates, according to Austin Bailey, Financial Advisor, of the firm's Washington, DC office.
The program includes a free computer analysis of a desired investment, providing the investor with information about balancing the purchase with zero coupon securities to achieve a specified return of principal and what, if any, the tax consequences would be, Bailey added.
"In talking to hundreds of investors, I've learned that their concern about losing a portion of their principal has very often kept them from making investments and, therefore, reaching their financial objectives," continues Bailey.
"I share that common concern. And that is why I am pleased to introduce our MAP, a tried and true method of investing that allows individuals to preserve their principal and have it returned to them at a specified maturity date.
"MAP is an extremely simple concept. Like a good road map, our MAP guides investors toward their financial destination by the most direct route and at a minimum of risk. It provides their route by allocating a portion of an investment's capital to purchase zero coupon securities to protect the principal," according to Bailey. "The remainder of the capital is placed in the investor's primary investment of choice – mutual funds, stocks, bonds and so on.
"The key element," in Bailey's opinion, "is for the investor to decide what his or her financial objective is – income, growth or both – and how he or she would like to travel the road toward that objective. Next, the investor selects the investment of choice. Finally, we assist the investor by segmenting a portion of the capital into a zero coupon security that, at maturity, will return the desired portion of the original principal.
"Should unexpected roadblocks develop, and the primary investment not fulfill its projections," he/she explains, "then the portion of the principal covered by the zero is returned intact. On the other hand, should the primary investment fulfill its projections, the total investment will be enhanced by the return of the zero coupon security."
To provide this service, Raymond James has developed a special computer software program that will tell investors how much of their capital must be placed in a zero coupon security in order for them to derive the principal return they desire at a certain time, how much can then be placed in the primary investment and what, if any, the tax consequences could be.
This computer printout is available free of charge.
"Our objective in offering our Matched Asset Program is to help investors reach their financial objectives with increased peace of mind," Bailey concludes.
Austin Bailey, a native of Ilford, Essex, has over 16 years experience in the investment field. He provides personal investment advice to UK and US investors from his office in Washington, DC.
For additional information, please contact
Austin Bailey at 202-872-5984.