Stoltmann Law Offices is investigating the Invesco Gold and Precious Metal Fund, which is an equity fund, a type of mutual fund. An equity fund is one that invests principally in stocks. It is also known as a “stock fund.” According to the Invesco website: “The fund seeks long-term capital growth by investing at least 80% of its net assets in the equity securities and equity-related instruments of companies involved in exploring for, mining, processing or dealing and investing in gold and other precious metals.” This fund involves a high-degree of risk. Because of this, firms that sell these investments, are required to do due diligence on the product, and to evaluate whether the investment is suitable for clients. Factors such as investment experience, objectives, age, net worth and portfolio goals should be considered before recommending to the client. If these factors are not taken into consideration, firms can be sued in the Financial Industry Regulatory Authority (FINRA) arbitration forum to recover investment losses, as they can be held liable for not doing their due diligence. Please call Stoltmann Law Offices at 312-332-4200 if you lost money in the Invesco Gold and Precious Metal Fund. We may be able to help you recover your losses on a contingency fee basis.
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