Archive for April 2015
Recently I have a new client. As part of the onboarding process, I examined her old portfolio and found something I don’t recognize:
|25190A104||N/A||Deutsche Bk AG London BRH Ret Opt Secs Lkd Ishare MSCI Mexico Capped||-21.15%|
|25190A203||N/A||Deutsche Bk AG London BRH Ret Opt Secs Lkd Ishare Euro STOXX 50 Idx||-26.60%|
|90273L815||N/A||USB AG London BRH Notes Five 15||-22.30%|
What they have in common is they don’t have a symbol, meaning they are not publicly traded securities, they have weird descriptions and they all lost a lot of money.