Exploring American Funds Investment Options for 2024

During Q1 2024, Fidelity Contrafund led on performance while the QQQ lagged. Large Cap Blend fund seekers should not consider taking a look at American Funds Capital Income Builder A (CAIBX) at this time. Our listing of the best mutual funds sticks to U.S. and international equity funds, plus one allocation fund and one short-term bond fund. The Capital Group's American Funds family has been offering mutual funds to investors since the early 1930s. Growth is in favor, but don't overlook income-oriented funds with generous yields. PRNewswire/ -- Ascensus—whose technology and expertise help millions save for a better future—announced that sales of the Ascensus I. Ascensus will administer the PEP with American Funds TDFs, leveraging both firms' distribution networks with advisers and plan sponsors. The 7 best mutual funds, in terms of 5-year returns, include U.S. equity funds like SSAQX and FGRTX. One of the big challenges of retirement investing is balancing your need for income against your desire to keep generating growth.