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Miami Investment Fraud Attorney
305.372.9700
1 SE 3rd Ave # 1200
SunTrust International Center
Miami, Florida 33131

Many Energy ETFs Down Over 25% in 2014

Global energy prices were weak throughout 2014 due to concerns over weak demand as well as a stronger US Dollar. In December alone, the price of crude oil in the US fell by 21.3%, and finished the year down more than 55% since June. The sharp decline in crude oil caused a ripple effect in overall energy prices, which saw declines in heating oil, natural gas, and unleaded gasoline. Several investment funds that track energy prices actively trade in the US in the form of exchange traded funds (ETFs) and exchange traded notes (ETNs).

ETFs and ETNs are set up to track the daily performance of an underlying index or strategy, allowing investors to buy a single security instead of many individual securities.

The following securities that track energy prices were down over 25% each in 2014:

TickerFund NamePerformance
JJEiPath Dow Jones-UBS Energy Total Return ETN-43.69%
RJNELEMENTS Rogers International Commodity – Energy Total Return ETN-42.59%
DBEPowerShares DB Energy-40.07%
ONGiPath Pure Beta Energy ETN-37.60%
UBNETRACS CMCI Energy Total Return ETN-36.43%
PSCEPowerShares S&P SmallCap Energy-35.79%
RGRERBS Rogers Enhanced Energy ETN-35.36%
ERXDirexion Daily Energy Bull 3x-32.72%
EMEYiShares MSCI Emerging Markets Energy Capped-25.91%

If your financial advisor or stockbroker recommended that you invest in securities that track energy prices, you may have options to recover your investment loss. If your advisor failed to fully disclose the risks of investing in securities that track energy prices, then you may have a claim for misrepresentation. If your investment objective was to only invest in safe and stable investments, you may have a claim for unsuitability. If securities that track energy prices made up a large portion of your portfolio, then you may have a claim for over-concentration and lack of diversification. If your advisor purchased this fund without your knowledge, you may have a claim for unauthorized trading. If your advisor purchased this fund on margin, you may have a claim for excessive use of margin and negligence.

The attorneys at Carlson & Associates, P.A., located in Miami, Florida, represent investors who have lost money due to the improper conduct of financial advisors. If you would like to have a free consultation, we can be reached at (305) 372-9700 to discuss your options.

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