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Are these 3 Top-Ranked Mutual Funds In 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 way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we've identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.
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 American Funds New Economy R4 (RNGEX). RNGEX 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 This fund is a winner, boasting an expense ratio of 0.75%, management fee of 0.36%, and a five-year annualized return track record of 11.67%.
BlackRock Advantage Large Cap Value I (MALVX - Free Report) : 0.54% expense ratio and 0.49% management fee. MALVX is a Large Cap Value fund. These funds invest in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. With yearly returns of 13.24% over the last five years, MALVX is an effectively diversified fund with a long reputation of solidly positive performance.
Putnam Small Cap Growth R6 (PLKGX). Expense ratio: 0.73%. Management fee: 0.67%. Five year annual return: 6.84%. PLKGX is a Small Cap Growth mutual fund and tends to feature small companies in up-and-coming industries and markets.
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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Are these 3 Top-Ranked Mutual Funds In 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 way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we've identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.
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 American Funds New Economy R4 (RNGEX). RNGEX 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 This fund is a winner, boasting an expense ratio of 0.75%, management fee of 0.36%, and a five-year annualized return track record of 11.67%.
BlackRock Advantage Large Cap Value I (MALVX - Free Report) : 0.54% expense ratio and 0.49% management fee. MALVX is a Large Cap Value fund. These funds invest in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. With yearly returns of 13.24% over the last five years, MALVX is an effectively diversified fund with a long reputation of solidly positive performance.
Putnam Small Cap Growth R6 (PLKGX). Expense ratio: 0.73%. Management fee: 0.67%. Five year annual return: 6.84%. PLKGX is a Small Cap Growth mutual fund and tends to feature small companies in up-and-coming industries and markets.
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.