January 30, 2015 Comments (0) Blog, Securities Fraud

Recovery of Global X Junior Miners ETF Losses

(Last Updated On: July 17, 2015)

Have you suffered losses investing in Global X Junior Miners ETF?  If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.

Global X Junior Miners ETF is an exchange-traded fund.  The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Junior Miners Index (“underlying index”). The fund will invest at least 80% of its total assets in the securities of the underlying index. Moreover, at least 80% of the fund’s total assets will be invested in securities that are economically tied to the small-capitalization mining industry. The underlying index is designed to track the market performance of small-capitalization mining companies globally. The fund is non-diversified.  Global X Junior Miners ETF is down 24.19% year-to-date.

Commodity ETFs can be extremely complex and risky.  They are only suitable for wealthy, sophisticated retail investors or institutional investors.

Brokerage firms that sell such products are required to perform adequate due diligence on the investments to ensure a reasonable likelihood of success, and to evaluate whether the investments are suitable in light of the client’s age, net worth, investment experience, and investment objectives.  Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.

If you suffered losses investing in Global X Junior Miners ETF and would like a free consultation with a securities attorney, please call The White Law Group at 312/238-9650.

The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.

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