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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 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.
Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.
Adirondack Small Cap Fund (ADKSX - Free Report) : 1.48% expense ratio and 1.08% management fee. ADKSX is a Small Cap Value mutual fund option, which typically invest in companies with market caps under $2 billion. With annual returns of 12.06% over the last five years, this fund is a winner.
BlackRock Advantage Large Cap Core R (MRLRX): 0.98% expense ratio and 0.43% management fee. MRLRX 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. MRLRX, with annual returns of 13.57% over the last five years, is a well-diversified fund with a long track record of success.
Archer Multi Cap (ALSMX). Expense ratio: 0.95%. Management fee: 0.5%. Five year annual return: 13.17%. ALSMX 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.
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.
View the Zacks #1 Rank List
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3 Great Mutual Fund Picks for Your Retirement
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 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.
Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.
Adirondack Small Cap Fund (ADKSX - Free Report) : 1.48% expense ratio and 1.08% management fee. ADKSX is a Small Cap Value mutual fund option, which typically invest in companies with market caps under $2 billion. With annual returns of 12.06% over the last five years, this fund is a winner.
BlackRock Advantage Large Cap Core R (MRLRX): 0.98% expense ratio and 0.43% management fee. MRLRX 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. MRLRX, with annual returns of 13.57% over the last five years, is a well-diversified fund with a long track record of success.
Archer Multi Cap (ALSMX). Expense ratio: 0.95%. Management fee: 0.5%. Five year annual return: 13.17%. ALSMX 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.
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.