Back to top

Image: Bigstock

3 Top-Ranked Mutual Funds for Your Retirement

Read MoreHide Full Article

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.

How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using the Zacks Mutual Fund Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

Let's learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.

Fidelity OTC Portfolio (FOCPX - Free Report) : 0.81% expense ratio and 0.68% management fee. FOCPX 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 12.9% over the last five years, this fund is a winner.

Oppenheimer Discovery Y (ODIYX - Free Report) : 0.78% expense ratio and 0.59% management fee. ODIYX is a Small Cap Growth mutual fund building their portfolio around stocks with market caps under $2 billion and large growth opportunities. With yearly returns of 11.58% over the last five years, ODIYX is an effectively diversified fund with a long reputation of solidly positive performance.

Oppenheimer Discovery Y (ODIYX - Free Report) : 0.78% expense ratio and 0.59% management fee. ODIYX is a Small Cap Growth mutual fund building their portfolio around stocks with market caps under $2 billion and large growth opportunities. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 11.58% over the last five years.

We hope that your investment advisor (if you use one) has you invested in one or all of the top-ranked mutual funds we've reviewed. But if that isn't the case, it might be time to have a conversation or reconsider this vitally important relationship.


See More Zacks Research for These Tickers


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


Fidelity OTC Portfolio (FOCPX) - free report >>

Invesco Discovery Y (ODIYX) - free report >>

Published in