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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio
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Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.
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.
Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.
If you are looking to diversify your portfolio, consider Fidelity Advisor Utilities Fund I (FUGIX - Free Report) . FUGIX is a Sector - Utilities mutual fund, focusing on companies that provide essential services such as electric power, gas distribution, and water supply to millions of people on a daily basis. Overall, the utility industry is known for its stability and reduced volatility. This fund is a winner, boasting an expense ratio of 0.75%, management fee of 0.53%, and a five-year annualized return track record of 10.41%.
JPMorgan Large Cap Growth R2 (JLGZX - Free Report) is a stand out amongst its peers. JLGZX 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. With five-year annualized performance of 13.41%, expense ratio of 1.19% and management fee of 0.45%, this diversified fund is an attractive buy with a strong history of performance.
Janus Henderson Global Life Science T (JAGLX - Free Report) is an attractive large-cap allocation. JAGLX is classified as a Sector - Health fund. Healthcare is one of the biggest sectors of the American economy, and these kinds of mutual funds provide a great opportunity to invest in this industry. JAGLX has an expense ratio of 0.91%, management fee of 0.64%, and annual returns of 11.85% over the past 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.
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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio
Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.
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.
Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.
If you are looking to diversify your portfolio, consider Fidelity Advisor Utilities Fund I (FUGIX - Free Report) . FUGIX is a Sector - Utilities mutual fund, focusing on companies that provide essential services such as electric power, gas distribution, and water supply to millions of people on a daily basis. Overall, the utility industry is known for its stability and reduced volatility. This fund is a winner, boasting an expense ratio of 0.75%, management fee of 0.53%, and a five-year annualized return track record of 10.41%.
JPMorgan Large Cap Growth R2 (JLGZX - Free Report) is a stand out amongst its peers. JLGZX 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. With five-year annualized performance of 13.41%, expense ratio of 1.19% and management fee of 0.45%, this diversified fund is an attractive buy with a strong history of performance.
Janus Henderson Global Life Science T (JAGLX - Free Report) is an attractive large-cap allocation. JAGLX is classified as a Sector - Health fund. Healthcare is one of the biggest sectors of the American economy, and these kinds of mutual funds provide a great opportunity to invest in this industry. JAGLX has an expense ratio of 0.91%, management fee of 0.64%, and annual returns of 11.85% over the past 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.