Edward Jones is no longer selling leveraged exchange-traded funds, calling them “potentially dangerous” for average investors.

Edward Jones Mutual Fund Research Analyst Katie Martin, in a research note titled, “Not All ETFs Are Created Equal,” said she was also wary of other structured products and exchange-traded notes.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.