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Should You Add These 3 Top-Performing Mutual Funds to Your 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.
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 learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.
American Funds Growth Fund of America R2 (RGABX) has a 1.39% expense ratio and 0.25% management fee. RGABX is a Large Cap Growth mutual fund, and these funds invest in many large U.S. firms that are projected to grow at a faster rate than their large-cap peers. With yearly returns of 9.67% over the last five years, this fund clearly wins.
Easterly Hedged Equity I (JDIEX - Free Report) is a stand out amongst its peers. JDIEX is a Long Short - Equity option. These funds' investment strategy consists of minimizing overall market exposure, while at the same time taking long positions in equities that are expected to appreciate and short positions in equities that are projected to decline. With five-year annualized performance of 10.34%, expense ratio of 1.31% and management fee of 1.2%, this diversified fund is an attractive buy with a strong history of performance.
Nuveen Quant SMid-Cap Eq R6 (TSMWX) is an attractive large-cap allocation. TSMWX 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. TSMWX has an expense ratio of 0.43%, management fee of 0.42%, and annual returns of 12.11% over the past five years.
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.
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Should You Add These 3 Top-Performing Mutual Funds to Your 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.
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 learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.
American Funds Growth Fund of America R2 (RGABX) has a 1.39% expense ratio and 0.25% management fee. RGABX is a Large Cap Growth mutual fund, and these funds invest in many large U.S. firms that are projected to grow at a faster rate than their large-cap peers. With yearly returns of 9.67% over the last five years, this fund clearly wins.
Easterly Hedged Equity I (JDIEX - Free Report) is a stand out amongst its peers. JDIEX is a Long Short - Equity option. These funds' investment strategy consists of minimizing overall market exposure, while at the same time taking long positions in equities that are expected to appreciate and short positions in equities that are projected to decline. With five-year annualized performance of 10.34%, expense ratio of 1.31% and management fee of 1.2%, this diversified fund is an attractive buy with a strong history of performance.
Nuveen Quant SMid-Cap Eq R6 (TSMWX) is an attractive large-cap allocation. TSMWX 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. TSMWX has an expense ratio of 0.43%, management fee of 0.42%, and annual returns of 12.11% over the past five years.
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.