The Malvern investment giant was accused of alleged misleading statements to retail investors in targeted retirement funds.

The money will go to target-date fund investors whom the company failed to warn about capital gains tax hits, the SEC said.

If you're looking for an Index fund category, then a possible option is Vanguard Mid-Cap Growth Index Admiral (VMGMX). The fund does not have a Zacks Mutual Fund Rank, though we have been able to ...