Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)
Recovery of investment losses in Invesco KBW High Dividend Yield Financial ETF (Nasdaq KBWD)
Have you suffered losses investing in Invesco KBW High Dividend Yield Financial ETF (Nasdaq KBWD)? If so, the securities attorneys of The White Law Group may be able to help you recover those losses from the brokerage firm that recommended the investment.
KBWD seeks to track the investment results of the KBW Nasdaq Financial Sector Dividend Yield Index. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index which is a modified-dividend yield-weighted index of companies principally engaged in the business of providing financial services and products, as determined by the index provider. The underlying index is designed to track the performance of financial companies with competitive dividend yields that are publicly-traded in the U.S.
While leveraged and inverse ETFs can help traders exploit extremely short-term market movements, they definitely are unsuitable for the vast majority of investors. Typically, their holding periods should be very short.
Aggressive financial advisors may have unsuitably recommended ETFs in an effort to juice returns. Financial advisors, though, are required to recommend only those investments that are suitable for an investor in light of that investor’s age, net worth, income, investment experience, and investment objectives. So, if your financial advisor unsuitably recommended Nasdaq KBWD, your brokerage firm may be held responsible for any losses incurred.
Over-concentrated exposure to any sector or investment, but particularly volatile industries like oil and gas (and especially a product that seeks to leverage that risk 3x) is unsuitable for most investors. Diversification is the key to reducing risk.
Free Consultation with a Securities Attorney
The White Law Group is investigating the liability that brokerage firms may have for making unsuitable recommendations of high risk ETNs and ETFs.
If you lost money investing in the Invesco KBW High Dividend Yield Financial ETF (Nasdaq KBWD) please call the securities arbitration attorneys of The White Law Group at 888-637-5510 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee. For more information on the firm and its representation of investors in FINRA arbitration claims, visit https://www.whitesecuritieslaw.com.