Back to top

Image: Bigstock

Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio? - September 02, 2020

Read MoreHide Full Article

Our "Magnificent Retirement Mutual Funds" list includes some of the best managed and best performing funds around. If you're already invested in these, congratulations! But if you're just now discovering them, don't worry. When it comes to your retirement, it's never too late to start investing in the best.

Great performance, diversification, and low fees: it's a pretty simple formula for a great mutual fund. Some are better than others, but utilizing our Zacks Rank, we have identified three mutual funds that would make great additions to long-term investors' portfolios.

Let's take a look at some of the highest Zacks Ranked mutual funds with the lowest fees.

AB Large Cap Growth Adviser (APGYX - Free Report) : 0.6% expense ratio and 0.51% management fee. APGYX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. With annual returns of 16.3% over the last five years, this fund is a winner.

American Century Global Growth Investor (TWGGX - Free Report) is a stand out amongst its peers. TWGGX is a Global - Equity mutual fund investing in bigger markets like the U.S., Europe, and Japan; these kinds of funds aren't limited by geography. With five-year annualized performance of 10.05%, expense ratio of 1.08% and management fee of 1.07%, this diversified fund is an attractive buy with a strong history of performance.

Oppenheimer Discovery Y (ODIYX - Free Report) is an attractive large-cap allocation. ODIYX 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. ODIYX has an expense ratio of 0.84%, management fee of 0.62%, and annual returns of 13.11% over the past five years.

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.

Do You Know the Top 9 Retirement Investing Mistakes?

Investing in underperforming mutual funds is just one of the key errors that can derail your retirement plans.

To learn more, read our just-released report: 9 Retirement Mistakes You Need to Avoid.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


AB Lg Cap Growth Adv (APGYX) - free report >>

Invesco Discovery Y (ODIYX) - free report >>

American Century Focus Glb Grw Inv (TWGGX) - free report >>

Published in