Morgan Keegan Bond Mutual Funds
Morgan Keegan represented the Regions Morgan Keegan funds as low-risk bond funds. They turned out to be highly concentrated in subprime mortgage-backed securities and CDO's. The losses are astounding. For example, The Select High Income lost 75% through February 28, 2008 and the Select Intermediate Bond lost 84%.
Our firm, have been retained by investors who lost millions of dollars in the Regions Morgan Keegan funds. Investors can file arbitrations at FINRA against Morgan Keegan related to the bond funds.