Braddock Multi-Strategy Income Fund (BDKNX) Shareholders may have claims.
Have you suffered losses investing in Braddock Multi-Strategy Income Fund? If so, the securities attorneys at The White Law Group may be able to help you recover your losses through FINRA Arbitration.
The Fund seeks total return with an emphasis on providing current income, according to MarketWatch. The Fund reportedly invests in asset-backed debt securities that represent interests in pools of mortgages or other assets, including securities backed by assets such as residential and commercial real estate, corporate debt.
According to Market Watch as of September 19, the fund’s share price has declined more than -30% YTD.
Recovery of Investment Losses
The White Law Group is investigating the liability that brokerage firms may have for recommending high risk mutual funds that invest in asset-backed debt securities.
Aggressive financial advisors may have unsuitably recommended these mutual funds in an effort to chase yield. Investors who buy solely on the basis of the dividend may experience losses as the dividend is cut and the stock price declines in response.
If your financial advisor over-concentrated your portfolio, you may have a viable claim to recover your losses. Financial advisors are required to make suitable investment recommendations, accounting for your age, income, net worth, investment experience, and investment objectives. Diversification is the key to reducing risk. As such, over-concentrated exposure to any sector or investment can be unsuitable for many investors.
If you suffered losses investing in Braddock Multi-Strategy Income Fund (BDKNX), the White Law Group may be able to help you. Please call the offices at 888-637-5510 for a free consultation with a securities attorney.
The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee. The firm represents investors throughout the country in FINRA arbitration claims against their brokerage firm.
For more information on The White Law Group, visit www.whitesecuritieslaw.com.
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