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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio
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There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.
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.
Goldman Sachs Small Cap Equity Insights Service Class (GCSSX): 1.34% expense ratio and 0.8% management fee. GCSSX is a Small Cap Blend mutual fund, and usually targets stocks with market caps of less than $2 billion, letting investors diversify their funds among other kinds of small-cap equities. With annual returns of 10.36% over the last five years, this fund is a winner.
Hennessy Cornerstone Growth Institutional (HICGX) is a stand out amongst its peers. HICGX is an All Cap Growth mutual fund with holdings across small, medium, and large-cap levels in order to increase diversification. With five-year annualized performance of 14.12%, expense ratio of 0.98% and management fee of 0.74%, this diversified fund is an attractive buy with a strong history of performance.
Fidelity Advisor Mega Cap Stock I (FTRIX - Free Report) . Expense ratio: 0.59%. Management fee: 0.58%. Five year annual return: 16.64%. FTRIX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a "buy and hold" mindset.
We hope that your investment advisor (if you use one) has you invested in one or all of the top-ranked mutual funds we've reviewed. But if that isn't the case, it might be time to have a conversation or reconsider this vitally important relationship.
View the Zacks #1 Rank List
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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio
There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.
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.
Goldman Sachs Small Cap Equity Insights Service Class (GCSSX): 1.34% expense ratio and 0.8% management fee. GCSSX is a Small Cap Blend mutual fund, and usually targets stocks with market caps of less than $2 billion, letting investors diversify their funds among other kinds of small-cap equities. With annual returns of 10.36% over the last five years, this fund is a winner.
Hennessy Cornerstone Growth Institutional (HICGX) is a stand out amongst its peers. HICGX is an All Cap Growth mutual fund with holdings across small, medium, and large-cap levels in order to increase diversification. With five-year annualized performance of 14.12%, expense ratio of 0.98% and management fee of 0.74%, this diversified fund is an attractive buy with a strong history of performance.
Fidelity Advisor Mega Cap Stock I (FTRIX - Free Report) . Expense ratio: 0.59%. Management fee: 0.58%. Five year annual return: 16.64%. FTRIX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a "buy and hold" mindset.
We hope that your investment advisor (if you use one) has you invested in one or all of the top-ranked mutual funds we've reviewed. But if that isn't the case, it might be time to have a conversation or reconsider this vitally important relationship.