iShares S&P 500 ETF (IVV): A Low-Cost, Diversified, and High-Performing Investment Option

The iShares S&P 500 ETF (IVV) is a popular and low-cost index fund that tracks the S&P 500 Index. With a management fee of 0.04%, it offers excellent diversification with 500 holdings across various sectors. Its strong performance over the past decade, averaging 14.6% annual returns, makes it a great long-term buy for investors seeking to improve their diversification and wealth-building.

Investing in mutual funds can be a strategic choice for retirement planning. The Zacks Mutual Fund Rank can serve as a valuable guide to identify top-performing funds. Here are three mutual funds that have demonstrated strong performance and low fees, making them suitable for long-term retirement investors.

Goldman Sachs Tax Managed Equity IR (GQIRX)
- Expense Ratio: 0.76%
- Management Fee: 0.64%
- Sector: Large Cap Blend
- Performance: 14.6% annual returns over the last five years
- Description: GQIRX invests in large-cap companies, offering stability and a "buy and hold" mindset. This fund is well-suited for investors seeking steady growth.

Janus Henderson Research C (JRACX)
- Expense Ratio: 1.4%
- Management Fee: 0.53%
- Sector: Large Cap Growth
- Performance: 15.22% annual returns over the last five years
- Description: JRACX focuses on large U.S. companies expected to grow at a faster rate than other large-cap stocks. This fund is ideal for investors looking for growth potential.

Invesco SteelPath MLP Select 40 Fund Class A (MLPFX)
- Expense Ratio: 1.26%
- Management Fee: 0.69%
- Sector: Sector - Energy
- Performance: 26.2% annual returns over the past five years
- Description: MLPFX is an attractive large-cap allocation within the energy sector. This fund is comprised of various important industries within the global energy sector.

These mutual funds have shown strong performance and low fees, making them excellent choices for long-term retirement investors. For the latest recommendations, consider consulting Zacks Investment Research [1].

References:
[1] https://finance.yahoo.com/news/3-top-performing-mutual-funds-120004433.html