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T ROWE PRICE US EQ RESEARCH F (PRCOX) - free report >>
Fidelity Growth Discovery K (FGDKX) - free report >>
BlackRock Unconstrained Equity Inst (MAEGX) - free report >>
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3 Great Mutual Fund Picks for Your Retirement
It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance.
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.
Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.
If you are looking to diversify your portfolio, consider Fidelity Growth Discovery K (FGDKX - Free Report) . FGDKX 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. This fund is a winner, boasting an expense ratio of 0.72%, management fee of 0.65%, and a five-year annualized return track record of 16.36%.
BlackRock Long-Horizon Equity I (MAEGX - Free Report) : 0.95% expense ratio and 0.8% management fee. MAEGX is a Global - Equity mutual fund. These funds invest in large markets like the U.S., Europe, and Japan, and operate with very few geographical limitations. With yearly returns of 12.72% over the last five years, MAEGX is an effectively diversified fund with a long reputation of solidly positive performance.
T. Rowe Price US Equity Research (PRCOX - Free Report) . Expense ratio: 0.45%. Management fee: 0.33%. Five year annual return: 13.16%. PRCOX 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.
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.