February 3, 2015 Comments (0) Blog, Securities Fraud

Recovery of Market Vectors Russia Small-Cap ETF Losses

Have you suffered losses investing in Market Vectors Russia Small-Cap 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.

Market Vectors Russia Small-Cap ETF is an exchange-traded fund.  The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® Russia Small-Cap Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The Russia Small-Cap Index is comprised of securities of Russian small-capitalization companies. The fund will normally invest at least 80% of its total assets in securities of small-capitalization Russian companies. The fund is non-diversified.  Market Vectors Russia Small-Cap ETF is down 52.46% year-to-date.

Country specific ETFs can be complex and risky investments.  They may only be 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 Market Vectors Russia Small-Cap 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 https://www.whitesecuritieslaw.com.

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