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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio
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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.
Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.
Fidelity Select Tech Hardware (FDCPX - Free Report) : 0.73% expense ratio and 0.53% management fee. With a much more diversified approach, FDCPX--part of the Sector - Tech mutual fund category--gives investors a way to own a stake in the notoriously risky tech sector. With annual returns of 11.67% over the last five years, this fund is a winner.
Ivy Large Cap Growth I (IYGIX - Free Report) : 0.64% expense ratio and 0.61% management fee. IYGIX 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. IYGIX, with annual returns of 12.3% over the last five years, is a well-diversified fund with a long track record of success.
JPMorgan Tax Aware Equity Institutional is an attractive large-cap allocation. JPDEX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a "buy and hold" mindset. JPDEX has an expense ratio of 0.55%, management fee of 0.35%, and annual returns of 10.52% 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
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.
Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.
Fidelity Select Tech Hardware (FDCPX - Free Report) : 0.73% expense ratio and 0.53% management fee. With a much more diversified approach, FDCPX--part of the Sector - Tech mutual fund category--gives investors a way to own a stake in the notoriously risky tech sector. With annual returns of 11.67% over the last five years, this fund is a winner.
Ivy Large Cap Growth I (IYGIX - Free Report) : 0.64% expense ratio and 0.61% management fee. IYGIX 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. IYGIX, with annual returns of 12.3% over the last five years, is a well-diversified fund with a long track record of success.
JPMorgan Tax Aware Equity Institutional is an attractive large-cap allocation. JPDEX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a "buy and hold" mindset. JPDEX has an expense ratio of 0.55%, management fee of 0.35%, and annual returns of 10.52% 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.