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Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?
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Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.
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.
Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.
If you are looking to diversify your portfolio, consider
Franklin Utilities A1
(FKUTX - Free Report) . FKUTX is a Sector - Utilities fund, and these types of mutual funds are known for their stability; they focus on companies that provide essential services to millions of people on a daily basis like electric power, gas distribution, and water supply. This fund is a winner, boasting an expense ratio of 0.71%, management fee of 0.46%, and a five-year annualized return track record of 10.88%.
Janus Henderson Enterprise D
(JANEX - Free Report) : 0.79% expense ratio and 0.64% management fee. JANEX is a Mid Cap Growth mutual fund. Mid Cap Growth funds pick stocks--usually companies with a market cap between $2 billion and $10 billion--that demonstrate extensive growth opportunities for investors compared to their peers. JANEX, with annual returns of 11.47% over the last five years, is a well-diversified fund with a long track record of success.
BlackRock Balanced Capital A
(MDCPX - Free Report) : 0.77% expense ratio and 0.42% management fee. MDCPX is an Allocation Balanced mutual fund. Allocation Balanced funds look to invest across asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual; these funds are mostly categorized by their respective asset allocation. With a five-year annual return of 9.28%, this fund is a well-diversified fund with a long track record of success.
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.
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Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?
Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.
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.
Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.
If you are looking to diversify your portfolio, consider
Franklin Utilities A1
(FKUTX - Free Report) . FKUTX is a Sector - Utilities fund, and these types of mutual funds are known for their stability; they focus on companies that provide essential services to millions of people on a daily basis like electric power, gas distribution, and water supply. This fund is a winner, boasting an expense ratio of 0.71%, management fee of 0.46%, and a five-year annualized return track record of 10.88%.Janus Henderson Enterprise D
(JANEX - Free Report) : 0.79% expense ratio and 0.64% management fee. JANEX is a Mid Cap Growth mutual fund. Mid Cap Growth funds pick stocks--usually companies with a market cap between $2 billion and $10 billion--that demonstrate extensive growth opportunities for investors compared to their peers. JANEX, with annual returns of 11.47% over the last five years, is a well-diversified fund with a long track record of success.BlackRock Balanced Capital A
(MDCPX - Free Report) : 0.77% expense ratio and 0.42% management fee. MDCPX is an Allocation Balanced mutual fund. Allocation Balanced funds look to invest across asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual; these funds are mostly categorized by their respective asset allocation. With a five-year annual return of 9.28%, this fund is a well-diversified fund with a long track record of success.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.