Global mutual funds underperform with just 3% return in 2024. Will they bounce back?
In 2024, international mutual funds yielded an average return of 2.74%, underperforming across most categories. Out of 65 funds, only six saw double-digit gains. Mirae Asset funds led in returns, while some, like HSBC Brazil Fund, suffered losses. Experts advise careful diversification and increased cash holdings for investors.
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