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Hartford Stock HLS IB (HIBSX) - free report >>
MainStay Winslow LargeCap Grow R3 (MLGRX) - free report >>
Janus Henderson VIT Enterprise Inst (JAAGX) - free report >>
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3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio
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, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. The Zacks Mutual Fund Rank, which covers over 19,000 mutual funds, has helped us identify three outstanding options that are perfect for any long-term investors' portfolios that is retirement-focused.
Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.
Hartford Stock HLS IB (HIBSX - Free Report) : 0.76% expense ratio and 0.48% management fee. HIBSX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a "buy and hold" mindset. HIBSX has achieved five-year annual returns of an astounding 11.88%.
Janus Henderson Enterprise Institutional (JAAGX - Free Report) is a stand out amongst its peers. JAAGX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. With five-year annualized performance of 10.41%, expense ratio of 0.72% and management fee of 0.64%, this diversified fund is an attractive buy with a strong history of performance.
MainStay Large Cap Growth R3 (MLGRX - Free Report) . Expense ratio: 1.31%. Management fee: 0.61%. Five year annual return: 10.69%. MLGRX 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.
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.