TAG | MKIBX
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|RMH||RMK High Income Fund||(-)58.0%||(-)39.0%|
|RHY||RMK Multi-Sector High Income Fund||(-)60.6%||(-)44.5%|
|RMA||RMK Advantage Income Fund||(-)56.9%||(-)39.1%|
|RSF||RMK Strategic Income Fund||(-)58.1%||(-)42.0%|
|RHICX||RMK Select High Income-C||(-)59.9%||(-)45.9%|
|MKHIX||RMK Select High Income-A||(-)59.7%||(-)46.1%|
|RHIIX||RMK Select High Income-I||(-)59.6%||(-)46.0%|
|RIBCX||RMK Select Intermediate Bond Fund-C||(-)50.6%||(-)66.6%|
|MKIBX||RMK Select Intermediate Bond Fund-A||(-)50.3%||(-)66.5%|
|RIBIX||RMK Select Intermediate Bond Fund-I||(-)50.1%||(-)66.5%|
|*Information accurate as of July 1, 2008 (4:25 CST) c/o Morningstar.|
Soreide Law Group, PLLC, is currently investigating, for several clients, Morgan Keegan fund losses.
Morgan Keegan allegedly marketed the funds as safe investments that were suitable for low-risk investors. When the housing market crashed in 2007, the funds fell in value. Investors meanwhile experienced huge financial losses.
Many lawsuits and arbitration claims have been filed against Morgan Keegan, as well as against several of the company’s top executives. Evidence has continued to back up investors’ claims that the Memphis-based brokerage allegedly misled clients when it marketed and sold the bond funds.
Additional charges came in April, 2010, when the Securities and Exchange Commission, (SEC) state regulators and FINRA charged Morgan Keegan and two employees – James Kelsoe and Joe Weller – with fraud for inflating the value of the risky securities held by the bond funds.
If you or a loved one have lost money in an RMK bond fund, call Soreide Law Group, PLLC at (888) 760-6552 and speak to a FINRA Arbitration Lawyer free of charge to discuss how you could potentially recover your losses, or visit http://www.stockmarketlawsuit.com.
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