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I'm not an accountant, so don't rely on any tax advice I give you here; however:
What it cost you to invest is your "basis" in the fund. When you sold it, whatever you recovered minus your basis is your "Capital Gain." If your Capital Gain is negative, then you have capital losses.
Capital losses cannot be written off against ordinary income, but it can be used to offset any capital gains you have (or will have in the future), so long as it is "carried forward" on each year's tax return when you file it.
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