Make the Most of Your Retirement with These Top-Ranked Mutual Funds
There is never a wrong time to invest in mutual funds for retirement. So, if you’re still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.
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.
(BRAPX): 0.59% expense ratio and 0% management fee. BRAPX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a “buy and hold” mindset. With annual returns of 10.58% over the last five years, this fund is a winner.
(MGRDX) is a stand out amongst its peers. MGRDX is a Non US – Equity fund. Many of these funds like to allocate across emerging and developed markets, and will often focus on all cap levels. With five-year annualized performance of 10.86%, expense ratio of 0.68% and management fee of 0.67%, this diversified fund is an attractive buy with a strong history of performance.
(RGWFX) is an attractive large-cap allocation. RGWFX is a Large Cap Growth mutual fund, and these funds invest in many large U.S. firms that are projected to grow at a faster rate than their large-cap peers. RGWFX has an expense ratio of 0.06%, management fee of 0%, and annual returns of 12.87% over the past five years.
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These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.
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This article originally published on Zacks Investment Research (zacks.com).