International Funds : Are They Worth Exploring?
Defining International Funds
Recently, interest in international funds was rejuvenated when US company Nvidia Corp created windfall gains for its investors. Against this backdrop, the article investigates whether investing in international funds is truly one of the ways to create wealth. It also examines the risks associated with this path of investing.
On May 30, Nvidia Corp, a company listed in the US, achieved a significant milestone by joining the prestigious group of US firms with a market capitalisation of USD 1 trillion. This achievement can be attributed to the tremendous growth in Nvidia Corp’s share price, which has tripled in less than eight months. The surge in interest in artificial intelligence (AI), particularly in generative AI, has played a major role in driving the company’s success. While many Indian investors may have missed out on this appreciation, a few investors who had invested in the Mirae Asset FANG+ETF might have reaped the benefits.