Investment Losses in UBS Range Target Profit Forwards (RTPFs)? You May Have Options.
The White Law Group is currently investigating potential FINRA arbitration claims involving UBS’s Range Target Profit Forwards (RTPFs) on behalf of investors who suffered significant losses.
UBS marketed RTPFs as a way to generate yield in a low-interest environment, but the products often carried complex structures and significant downside risk — risks that may not have been properly disclosed to all investors.
What are UBS RTPFs?
Range Target Profit Forwards (RTPFs) are structured foreign exchange (FX) derivatives that typically involve USD/CHF currency pairs. Investors agree to a predefined “range” of acceptable exchange rates. If the currency remains within the range, the investor may receive a small profit.
However, if the currency moves outside of the set range, investors can be locked into currency exchanges at substantially unfavorable rates, resulting in large and unexpected losses.
The Problem: High Risk, Limited Reward
UBS sold RTPFs primarily to high-net-worth and private banking clients, often pitching them as safe, yield-enhancing strategies. However, when the Swiss franc appreciated significantly — as happened in response to geopolitical or monetary policy changes — many RTPFs triggered large losses for investors.
These products are often highly leveraged and not suitable for conservative or even moderate investors. Investors may not have fully understood the risks, especially if their financial advisor failed to disclose the potential for unlimited downside.
Investor Complaints and Regulatory Scrutiny
According to various reports, dozens of UBS clients suffered millions in collective losses due to RTPFs linked to USD/CHF currency moves.
- UBS reportedly offered “goodwill” payments to over 100 clients.
- The firm has since scaled back its sale of such structured products and is facing increased scrutiny from investor protection groups in Europe and Asia.
Unsuitable Recommendations?
If your financial advisor recommended RTPFs without fully disclosing the risks — or if you were not a sophisticated investor capable of understanding complex derivatives — you may have grounds for a FINRA arbitration claim.
Brokerage firms have a duty to:
- Fully disclose all material risks,
- Ensure that investments are suitable based on an investor’s profile,
- Perform adequate due diligence before offering these products.
Recovering Investment Losses
The White Law Group is investigating whether brokerage firms and financial advisors violated securities rules in recommending these products to retail clients. If you experienced investment losses from UBS RTPFs, we may be able to help you recover your losses through FINRA arbitration — a streamlined legal process for resolving disputes between investors and brokerage firms.
Call to Action
If you invested in UBS Range Target Profit Forwards and suffered losses, contact our national securities fraud attorneys at The White Law Group today. We offer free case evaluations to determine whether you may have a viable claim.
Call 888-637-5510
Or visit www.whitesecuritieslaw.com for more information.
FAQs : UBS Range Target Profit Forwards
- What is a UBS Range Target Profit Forward (RTPF)?
A UBS RTPF is a structured foreign exchange derivative contract that allows for limited profit within a fixed currency range — but may result in significant losses if the currency moves outside of that range. - Why are RTPFs considered risky?
While they offer small upside potential, RTPFs carry the risk of forced currency conversion at unfavorable rates, especially during volatile market conditions. The structure can expose investors to large, leveraged losses. - Can I sue UBS for my losses in RTPFs?
You may be eligible to file a FINRA arbitration claim if your broker misrepresented the risks or recommended RTPFs without ensuring suitability. Contact The White Law Group for a free consultation.
