The Putnam Europe Equity Fund – Class A (PEUGX) fell 4.3% in 1Q16, making it a below-average performer among the 12 funds in this review. In the past one year, PEUGX has fallen 7.9%
The Franklin International Growth Fund – Class A (FNGAX) has emerged as an above-average performer in YTD 2016 until August 19, 2016, among the 12 funds chosen for this review.
The Italian economy contributes about 3.0% toward global gross domestic product, and the manufacturing sector accounts for 15% of the country’s economy.
According to the National Institute of Statistics (Istat), Italy’s December inflation rate is expected to remain unchanged at 0.1% on a year-over-year (or YoY) basis.
According to the ISTAT (Italian National Institute of Statistics), Italy’s consumer confidence fell to 117.6 in December—compared to 118.4 in November 2015.
Europe-focused mutual funds had a good October. In this series, we aim to analyze their performance. We’ll see how they’ve fared across periods and why so.
According to the National Institute of Statistics (or ISTAT), Italy’s goods and services surplus rose to 2.2 billion euros in September 2015 compared to 2.0 billion euros a year ago.
The euro–US dollar currency pair fell 1.2% on October 28, 2015, as the Fed delayed a rate hike and stated that it’s open to considering a rate hike in December.
The Putnam Europe Equity Fund Class A fell by 3.0% in September from the previous month. Strong stock picks across sectors led to its strong performance.
