Index funds are a form of mutual fund that's passively managed and best suited for long-term investors. While many mutual funds are actively managed, Index funds are designed to track the performance of a market index, such as the S&P 500. The main advantage of Index funds is that they provide an efficient way to invest in a wide range of stocks without having to pay additional fees associated with actively managed funds.
So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide. The easiest way to judge a mutual fund's performance is to look at the Zacks Mutual Fund Rank. It grades funds on a scale of 1 to 5, based on a fund's past performance and risk factors. Funds with a Zacks Mutual Fund Rank of 1 are considered to be the best performers, while those with a Zacks Mutual Fund Rank of 5 are considered to be the worst performers.
December is usually one of the best months of the year in terms of consumer spending and the stock market in general. Customer mood is high on the holiday season, and stock markets are usually bullish in December. This is why invest in mutual funds in December can be a great way to get a good return on your invest.