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3 Magnificent Mutual Funds to Maximize 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.
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 take a look at some of our top-ranked mutual funds with the lowest fees.
American Century Global Gold Investor (BGEIX - Free Report) has a 0.66% expense ratio and 0.65% management fee. Sector - Precious Metal funds like BGEIX normally invest in stocks focused on the mining and production of precious metals such as gold, silver, platinum, and palladium. With yearly returns of 15.09% over the last five years, this fund clearly wins.
American Funds Mutual Fund 529F (CMLFX). Expense ratio: 0.43%. Management fee: 0.23%. CMLFX is a Large Cap Value mutual fund, which invests in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. This fund has managed to produce a robust 13.24% over the last five years.
Driehaus Global (DMAGX): 0.75% expense ratio and 0.65% management fee. DMAGX 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 The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 11.76% over the last five years.
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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3 Magnificent Mutual Funds to Maximize 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.
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 take a look at some of our top-ranked mutual funds with the lowest fees.
American Century Global Gold Investor (BGEIX - Free Report) has a 0.66% expense ratio and 0.65% management fee. Sector - Precious Metal funds like BGEIX normally invest in stocks focused on the mining and production of precious metals such as gold, silver, platinum, and palladium. With yearly returns of 15.09% over the last five years, this fund clearly wins.
American Funds Mutual Fund 529F (CMLFX). Expense ratio: 0.43%. Management fee: 0.23%. CMLFX is a Large Cap Value mutual fund, which invests in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. This fund has managed to produce a robust 13.24% over the last five years.
Driehaus Global (DMAGX): 0.75% expense ratio and 0.65% management fee. DMAGX 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 The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 11.76% over the last five years.
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.