| FOR
IMMEDIATE RELEASE
April 17, 2009
PTI
SECURITIES & FUTURES LP ANNOUNCES
FIRST QUARTER RESULTS
FOR ITS PROTECTED INDEX PROGRAM®
Program Beats S&P
500 Index
.
CHICAGO -- PTI Securities
& Futures L.P., a leading Chicago-based securities and
money management firm, announced today that its S&P
500 Protected Index Program®, a separately managed account,
had a 3.42 percent loss for the first quarter ending March
31, 2009. This compares to a 10.88 percent loss by the S&P
500 Index (SPX) for the same period. [1]
For one-year, three-year,
five-year and ten-year periods, the Protected Index Program®
(PIP) has yielded a higher return compared to the return
of the S&P 500 Index during the same periods. The PIP
program had a 6.66 percent loss for the one-year period
compared to the SPX’s 37.53 percent loss during that
time. For the five-year period, the PIP program had a 23.03
percent gain compared to the SPX’s 18.26 percent loss.
“Protected Index
Program investors were pleased that the program continues
to beat the
S&P 500 Index,”
said Thomas Haugh, PTI Securities founder and chief investment
officer. “Even in this very challenging economy and
market environment, we keep outperforming many other managed
accounts and mutual funds.”
The Wall Street Journal
(“SMAs Beat Mutual Funds in 2008,” March 12,
2009) and Pensions & Investments magazine (“Top-Performing
Equity Managers,” Feb. 23, 2009) recently recognized
the Protected Index Program as one of the nation’s
top performing separately managed accounts (SMAs) for 2008.
In 2008, the PIP had a 4.94 percent loss, compared to the
S&P 500 Index (SPX) having a 36.52 percent loss. In
their stories, the publications reported that separately
managed accounts (SMAs) outperformed mutual funds from 2006
through 2008, and unveiled new research from Morningstar
research firm which found that SMAs beat mutual funds in
22 of 26 stock and bond categories during that time.
PTI Securities & Futures
attributes the strong performance of its PIP program to
the plan’s underlying three-pronged investment philosophy:
1. Diversification using
exchange traded funds (ETFs) as the core position. ETFs
provide the investor the diversification of an index fund
and the opportunity to modify their risk profile to align
with their investment objectives.
2. It provides a customized
level of principal price protection through the purchase
of long-term put options (LEAPS, Long-Term Equity Anticipation
Securities), which permit a longer-term trader to gain
exposure to a prolonged trend in a given security with
a lower overall risk profile.
3. PTI Securities managers
then sell shorter-term call options to offset the cost
of the put allowing investors a cost-effective method
of achieving price protection.
.
About PTI Securities
& Futures LP
Established in 1991, PTI
Securities & Futures L.P. is a money management and
securities firm serving serious investors and independent
traders nationwide. With offices in Chicago, IL and Glendale,
AZ, PTI Securities is led by Tom Haugh, principal, and Dan
Haugh, president. The firm’s senior management has
a combined professional experience in financial investing
of nearly 200 years. Independently owned PTI Securities
is a member of the Securities Investor Protection Corporation
(SIPC), National Futures Association (NFA) and Financial
Industry Regulatory Authority (FINRA).
To learn more about PTI
Securities, visit www.ptisecurities.com or call toll-free
1-800-821-4968.
# # #
MEDIA CONTACT:
Michael Pirages, Pirages Communications
Tel : 773-769-1616
Email : mpirages@piragescom.com
Options involve risk
and are not suitable for everyone. For information on the
characteristics and risks of options, and/or to request
a hard copy of the risk disclosure document entitled, "Characteristics
and Risks of Standardized Options", contact Dan Haugh
at Dan@PTISecurities.com.
--------------------------------------------------------------------------------
[1] The performance of PTI’s Projected Index Program
(PIP) is derived from actual returns of the largest accounts
using the S&P 500 (SPY) and reflects the return of over
30 percent of the assets invested in the PIP program. |