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FIDELITY SELECT BROKRG & INV (FSLBX) - free report >>
BlackRock Eurofund I (MAEFX) - free report >>
Janus Henderson VIT Enterprise Inst (JAAGX) - free report >>
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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio
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.
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.
Let's take a look at some of our top-ranked mutual funds with the lowest fees.
Fidelity Select Brokerage and Investment Management (FSLBX - Free Report) has a 0.76% expense ratio and 0.53% management fee. Sector - Finance funds offer a stable, diversified approach to investing that focuses on the financial industry, an infamously large, complex, and heavily-regulated space. With yearly returns of 16.78% over the last five years, this fund clearly wins.
BlackRock Eurofund I (MAEFX - Free Report) is a stand out amongst its peers. MAEFX is a Europe - Equity mutual fund option, and these funds tend to invest their assets in stocks across the European continent, including countries such as Great Britain, Germany, France, Italy, and Spain. With five-year annualized performance of 9.18%, expense ratio of 1.04% and management fee of 0.75%, this diversified fund is an attractive buy with a strong history of performance.
Janus Henderson Enterprise Institutional (JAAGX - Free Report) . Expense ratio: 0.72%. Management fee: 0.64%. Five year annual return: 11.35%. 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.
These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.