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Written by 9:43 pm Blog, Securities Fraud Articles

Recovery of First Eagle Gold Fund losses

Have you suffered losses in First Eagle Gold Fund? If so, The attorneys of the White Law Group may be able to help recover some of your losses.

First Eagle Gold Fund is an equity fund, a type of mutual fund – a managed portfolio of investments. Current income is the primary goal of equity funds. The risks associated with all types of mutual funds are tied to the underlying securities in the investment portfolio. According to First Eagle’s website,”Seeks to provide exposure to the investment characteristics of gold and, to a limited extent, other precious metals.”

Investing in gold and precious metals involves a high degree of risk.

Brokerage firms that sell such products are required to perform adequate due diligence on the investments to ensure a reasonable likelihood of success, and to evaluate whether the the risks of the mutual fund are in line with the client’s age, net worth, investment experience, and investment objectives. Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.

If you suffered losses investing in the First Eagle Gold Fund and would like a free consultation with a securities attorney, please call The White Law Group at (312)238-9650.

The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, visit www.whitesecuritieslaw.com.

Tags: , , , , , , , , Last modified: July 22, 2015