Here we take a look at the worst performing funds of 2024.
- Latin American funds dominate the duds, burdened by a weak start to the year that left them fighting an uphill battle
- Funds with a LATAM focus make up 55% of 2024’s worst performers...
- The biggest dud from this sector was the BlackRock GF Latin American fund, down over 32% for the year
- Korea struggled significantly between July and December, with 4/5 of the worst-performing funds holding a Korean focus
- Clean and sustainable energy style funds consistently struggled, while many traditional commodity style funds posted far better returns
Worst Performing Funds – Full 2024 Calendar Year
|
Fund Name
|
Sector
|
Growth %
|
|
Active Niche Luxembourg Selection Fund Active Solar
|
IA Global
|
-34.15
|
|
BlackRock GF Latin American
|
IA Latin America
|
-32.42
|
|
HSBC Brazil Equity
|
IA Specialist
|
-30.85
|
|
iShares MSCI Brazil UCITS ETF
|
IA Specialist
|
-29.99
|
|
abrdn Latin American Equity
|
IA Latin America
|
-27.93
|
|
Barings Latin America
|
IA Latin America
|
-27.24
|
|
Xtrackers MSCI Mexico UCITS ETF
|
IA Specialist
|
-26.26
|
|
Schroder Global Energy Transition
|
IA Global
|
-26.15
|
|
iShares MSCI EM Latin America UCITS ETF
|
IA Latin America
|
-25.86
|
|
SJP Property
|
IA Unclassified
|
-25.09
|
|
GMO Climate Change Select Investment
|
IA Global
|
-24.79
|
|
iShares Global Clean Energy UCITS ETF
|
IA Commodity/Natural Resources
|
-24.76
|
|
GMO Climate Change Investment
|
IA Global
|
-24.04
|
|
Schroder ISF Latin American
|
IA Latin America
|
-23.64
|
|
Fidelity Latin America
|
IA Specialist
|
-23.41
|
|
CT Latin America
|
IA Latin America
|
-22.98
|
|
JPM Latin America Equity
|
IA Latin America
|
-21.73
|
|
iShares MSCI Korea UCITS ETF
|
IA Specialist
|
-21.36
|
|
JOHCM Regnan Global Equity Impact Solutions
|
IA Global
|
-21.08
|
|
Franklin FTSE Korea UCITS ETF
|
IA Specialist
|
-20.72
|
Worst Performing Funds First 6 Months 2024
|
Fund Name
|
Sector
|
Growth %
|
|
Active Niche Luxembourg Selection Fund Active Solar
|
IA Global
|
-27.06
|
|
HSBC Brazil Equity
|
IA Specialist
|
-20.48
|
|
BlackRock GF Latin American
|
IA Latin America
|
-19.8
|
|
iShares MSCI Brazil UCITS ETF
|
IA Specialist
|
-18.72
|
|
abrdn Latin American Equity
|
IA Latin America
|
-17.09
|
|
Barings Latin America
|
IA Latin America
|
-16.51
|
|
Xtrackers II Japan Government Bond UCITS ETF
|
IA Specialist Bond
|
-16.18
|
|
Schroder ISF Latin American
|
IA Latin America
|
-16.17
|
|
GMO Climate Change Select Investment
|
IA Global
|
-15.83
|
|
iShares MSCI EM Latin America UCITS ETF
|
IA Latin America
|
-15.54
|
|
GMO Climate Change Investment
|
IA Global
|
-15.11
|
|
Xtrackers MSCI Mexico UCITS ETF
|
IA Specialist
|
-15.04
|
|
Baillie Gifford Japanese Smaller Companies
|
IA Japan
|
-14.87
|
|
WisdomTree Battery Solutions UCITS ETF
|
IA Global
|
-14.83
|
|
JPM Latin America Equity
|
IA Latin America
|
-14.48
|
|
CT Latin America
|
IA Latin America
|
-14.03
|
|
Baillie Gifford Global Discovery
|
IA Global
|
-13.52
|
|
iShares Global Clean Energy UCITS ETF
|
IA Commodity/Natural Resources
|
-13.26
|
|
LO Global FinTech
|
IA Financials and Financial Innovation
|
-13.00
|
|
Schroder Global Energy Transition
|
IA Global
|
-12.51
|
Worst Performing Funds Final 6 Months 2024
|
Fund Name
|
Sector
|
Growth %
|
|
SJP Property
|
IA Unclassified
|
-25.1
|
|
iShares MSCI Korea UCITS ETF
|
IA Specialist
|
-22.49
|
|
Franklin FTSE Korea UCITS ETF
|
IA Specialist
|
-22.01
|
|
JPM Korea Equity Fund
|
IA Specialist
|
-18.27
|
|
Barings Korea Trust
|
IA Specialist
|
-17.47
|
|
Xtrackers MSCI Nordic UCITS ETF
|
IA Specialist
|
-16.08
|
|
BlackRock GF Latin American
|
IA Latin America
|
-15.73
|
|
Schroder Global Energy Transition
|
IA Global
|
-15.59
|
|
HANetf Sprott Uranium Miners UCITS ETF
|
IA Unclassified
|
-15.38
|
|
iShares MSCI Brazil UCITS ETF
|
IA Specialist
|
-13.87
|
|
SSGA SPDR MSCI Europe Energy UCITS ETF
|
IA Europe Including UK
|
-13.61
|
|
iShares MSCI Poland UCITS ETF
|
IA Specialist
|
-13.47
|
|
iShares Global Clean Energy UCITS ETF
|
IA Commodity/Natural Resources
|
-13.26
|
|
Xtrackers MSCI Mexico UCITS ETF
|
IA Specialist
|
-13.21
|
|
abrdn Latin American Equity
|
IA Latin America
|
-13.08
|
|
HSBC Brazil Equity
|
IA Specialist
|
-13.04
|
|
iShares MSCI Turkey UCITS ETF TR
|
IA Specialist
|
-13.03
|
|
Fidelity Latin America
|
IA Specialist
|
-12.88
|
|
iShares MSCI Emerging Markets Islamic UCITS ETF
|
IA Specialist
|
-12.86
|
|
Barings Latin America
|
IA Latin America
|
-12.85
|
Funds <£50m in size excluded from the above research