Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Did Your Broker Recommend TUR Or SCIF?

Summary

iShares MSCI Turkey ETF (TUR) losses.

VanEck Vectors India Small-Cap ETF (SCIF) losses.

worst performing ETFs.

Did your broker/financial advisor recommend the following ETFs, and you experienced significant losses? Contact Soreide Law Group and speak to a securities lawyer regarding the possible recovery of your investment losses at: 888-760-6552.

According to Investment News, the following two funds are among some of the worst performing funds.

iShares MSCI Turkey ETF (NASDAQ:TUR)

Morningstar category: Miscellaneous region
2018 return: -24.88%
5-year average annual return: -12.19%

Due to the war in Turkey, plus an overly creative banking system and a slow descent into authoritarianism, Turkey, by-passed Italy as the world's worst-performing market this year.

According to Yahoo Finance, TUR seeks to track the investment results of the MSCI Turkey Investable Market Index (NASDAQ:IMI). The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index consists of stocks traded primarily on the Istanbul Stock Exchange (ISE). The underlying index may include large-, mid- or small- capitalization companies. The fund is non-diversified.

VanEck Vectors India Small-Cap ETF (NYSEARCA:SCIF)

Morningstar category: India equity
2018 return: -21.23%
5-year average annual return: 10.69%

Emerging markets small-cap stocks are down 10.57% due to international developed markets down 2.85%, and emerging markets are down 4.17%. And as InvestmentNews put it, “When developed markets sneeze, emerging markets get the flu.”

Yahoo Finance says, SCIF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVISTM India Small-Cap Index. The fund invests substantially all of its assets in the Subsidiary, a wholly-owned subsidiary located in the Republic of Mauritius. The Subsidiary in turn will normally invest at least 80% of its total assets in securities that comprise the fund's benchmark index, and depositary receipts based on the securities in the fund's benchmark index. The index includes Indian micro-, small- and medium-capitalization companies selected on the basis of their relative market capitalizations.

If your broker recommended SCIF or TUR, or any other high risk ETFs for your otherwise conservative portfolio, contact the experienced securities lawyers at Soreide Law Group at: 888-760-6552.

Soreide Law Group represents clients nationwide before FINRA. We operate on a contingency fee basis—no fee to you if no recovery.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.