Russian ETFs Experience Large Decline in 2014
The Russian stock market index, the RTS, was the worst performing world market in 2014, down 45.2%, due to global sanctions and geopolitical concerns. Several Russian investment funds actively trade in the US in the form of exchange traded funds (ETFs).
ETFs are set up to track the performance of an underlying index or strategy, allowing investors to buy a single security instead of many individual securities.
The following ETFs that track the Russian markets were down over 40% each in 2014:
| Ticker | Fund Name | 2014 Performance |
| RSXJ | Market Vectors Russia Small-Cap ETF Trust | -52.46% |
| RSX | Market Vectors Russia ETF Trust | -47.22% |
| RBL | SPDR S&P Russia ETF | -46.21% |
| ERUS | iShares MSCI Russia Capped Index Fund | -44.67% |
If your financial advisor or stockbroker recommended that you invest in Russian investment securities, you may have options to recover your investment loss. If your advisor failed to fully disclose the risks of investing in Russian investment securities, 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 Russian investment securities 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.