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MFS Mass Investors Gr Stk R4 (MIGKX) - free report >>
T. Rowe Price Health Sciences I (THISX) - free report >>
DFA US Hi Relatv Profitability Inst (DURPX) - free report >>
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3 Top-Ranked Mutual Funds for Your Retirement
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 best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.
Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.
DFA US Hi Relatv Profitability Inst (DURPX - Free Report) : 0.23% expense ratio and 0.19% management fee. DURPX is classified as a Large Cap Blend fund. More often than not, Large Cap Blend mutual funds invest in companies with a market cap of over $10 billion. Buying stakes in bigger companies offer these funds more stability, and are well-suited for investors with a "buy and hold" mindset. With annual returns of 10.09% over the last five years, this fund is a winner.
MFS Mass Investors Growth Stock R4 (MIGKX - Free Report) is a stand out amongst its peers. MIGKX 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 five-year annualized performance of 12.18%, expense ratio of 0.46% and management fee of 0.33%, this diversified fund is an attractive buy with a strong history of performance.
T. Rowe Price Health Sciences I (THISX - Free Report) is an attractive large-cap allocation. THISX 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. THISX has an expense ratio of 0.67%, management fee of 0.63%, and annual returns of 9.53% over the past five years.
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.