News > Year-ender 2024: 5 international funds offer negative returns this year

Year-ender 2024: 5 international funds offer negative returns this year

The Economic Times | 04/12/2024 02:39 PM | Click to read full article

HSBC Brazil Fund lost around 23.78% in 2024, Mahindra Manulife Asia Pacific REITs FOF lost 7.28%, Invesco Pan European Equity FoF and Mirae Asset Global Electric & Autonomous Vehicles ETFs FoF lost 3.97% and 3.69% respectively and DSP Global Clean Energy FoF offered a negative return of around 2.58%. Global challenges such as inflation, currency fluctuations, and geopolitical tensions declined the returns in these funds.

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