3 Best Vanguard Mutual Funds To Buy In April

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Founded by John C. Bogle in 1975, Vanguard is one of the world's largest investment management companies. With around $6.2 trillion of assets under management, the company offers nearly 190 domestic funds and 220 funds for foreign markets (as of Jan 31, 2020). It offers asset management and financial planning services to clients throughout the globe.

Vanguard stands apart from other mutual fund companies because it is owned by the funds themselves. The company believes that this structure helps management focus better on shareholder interests. Among the advantages, Vanguard claims to offer is low-cost, no-load funds.

The initial investment of the majority of mutual funds from the family ranges from $0 to $3,000. As of Feb 28, 2021, none of the Vanguard mutual funds carried any load.

Vanguard invests in a variety of sectors that are sensitive, cyclical and defensive. From the sensitive sectors, most investments were made in the technology sector. Among the cyclical sectors, the fund family has invested the maximum in the financial services sector, while among the defensive sectors it has invested heavily in healthcare.

Technology Select Sector SPDR (XLK) has climbed 18.4% in the last six months and 86.2% over the past year. The sector turned out the best-performer among the 11 S&P 500 sectors.

3 Best Funds to Buy Now

Given such bullish circumstances, we have highlighted three Vanguard mutual funds carrying a Zacks Mutual Fund Rank #1 (Strong Buy) that are poised to gain from such factors. Moreover, these funds have encouraging three and one-year returns. Additionally, the minimum initial investment is within $5000.

We expect these funds to outperform their peers in the future. Remember, the goal of the Zacks Mutual Fund Rank is to guide investors to identify potential winners and losers. Unlike most of the fund-rating systems, the Zacks Mutual Fund Rank is not just focused on past performance, but also on the likely future success of the fund.

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