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Make the Most of Your Retirement with These Top-Ranked Mutual Funds
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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.
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 investors' portfolios.
Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.
American Funds Growth Fund of America R1 (RGAAX): 1.38% expense ratio and 0.25% management fee. RGAAX 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. With annual returns of 9.63% over the last five years, this fund is a winner.
Fidelity Select Banking (FSRBX - Free Report) is a stand out amongst its peers. FSRBX is a Sector - Finance mutual fund option, which provide investors with a diversified and stabilized investment approach focused on the financial space, which is a notoriously large, complex, and heavily-regulated industry. With five-year annualized performance of 13.58%, expense ratio of 0.69% and management fee of 0.66%, this diversified fund is an attractive buy with a strong history of performance.
BlackRock Global Small Cap I (MAGCX). Expense ratio: 0.71%. Management fee: 0.66%. Five year annual return: 12.72%. MAGCX is a Global - Equity mutual fund, which invests their assets in large markets, leveraging the global economy.
There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they've got you covered. If not, you may need to talk.
View the Zacks #1 Rank List
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Make the Most of Your Retirement with These Top-Ranked Mutual Funds
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.
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 investors' portfolios.
Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.
American Funds Growth Fund of America R1 (RGAAX): 1.38% expense ratio and 0.25% management fee. RGAAX 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. With annual returns of 9.63% over the last five years, this fund is a winner.
Fidelity Select Banking (FSRBX - Free Report) is a stand out amongst its peers. FSRBX is a Sector - Finance mutual fund option, which provide investors with a diversified and stabilized investment approach focused on the financial space, which is a notoriously large, complex, and heavily-regulated industry. With five-year annualized performance of 13.58%, expense ratio of 0.69% and management fee of 0.66%, this diversified fund is an attractive buy with a strong history of performance.
BlackRock Global Small Cap I (MAGCX). Expense ratio: 0.71%. Management fee: 0.66%. Five year annual return: 12.72%. MAGCX is a Global - Equity mutual fund, which invests their assets in large markets, leveraging the global economy.
There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they've got you covered. If not, you may need to talk.