3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio
It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance.
The easiest way to judge a mutual fund’s quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we’ve identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.
Let’s take a look at some of our top-ranked mutual funds with the lowest fees.
Northern Small Cap Core
(NSGRX): 0.59% expense ratio and 0.47% management fee. NSGRX is one of many Small Cap Growth mutual funds; these funds tend to create their portfolios around stocks with market capitalization of less than $2 billion. With annual returns of 10.3% over the last five years, this fund is a winner.
American Funds Growth and Income Portfolio R6
(RGNGX). Expense ratio: 0.01%. Management fee: 0%. RGNGX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a “buy and hold” mindset. This fund has managed to produce a robust 11.32% over the last five years.
Fidelity Advisor Biotechnology I
(FBTIX): 0.73% expense ratio and 0.69% management fee. FBTIX is a Sector – Health mutual fund, which give investors an opportunity to focus on healthcare, one of the largest sectors of the American economy. With a five-year annual return of 14.5%, this fund is a well-diversified fund with a long track record of success.
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There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they’ve got you covered. If not, you may need to talk.
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