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2024

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

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Five international mutual funds have delivered negative returns this year. HSBC Brazil Fund recorded the highest loss around 23.78%. Global challenges such as inflation, currency fluctuations, and geopolitical tensions contributed to these poor returns. Despite negative trends, experts recommend maintaining an 8-10% allocation in international funds for a diversified portfolio and long-term investment strategy.