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Should You Add These 3 Top-Performing Mutual Funds to Your 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.
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 take a look at some of our top-ranked mutual funds with the lowest fees.
Invesco Technology Fund Y (ITYYX) has a 0.75% expense ratio and 0.58% management fee. ITYYX is a Sector - Tech mutual fund, allowing investors to own a stake in a notoriously volatile sector with a much more diversified approach. With yearly returns of 12.15% over the last five years, this fund clearly wins.
PGIM Jennison Equity Income R6 (PJIQX) is a stand out amongst its peers. PJIQX 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. With five-year annualized performance of 11.13%, expense ratio of 0.8% and management fee of 0.74%, this diversified fund is an attractive buy with a strong history of performance.
Causeway Global Value Investor (CGVVX - Free Report) : 1.1% expense ratio and 0.8% management fee. CGVVX is a Global - Equity mutual fund investing in bigger markets like the U.S., Europe, and Japan; these kinds of funds aren't limited by geography. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 12.41% over the last 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?
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 take a look at some of our top-ranked mutual funds with the lowest fees.
Invesco Technology Fund Y (ITYYX) has a 0.75% expense ratio and 0.58% management fee. ITYYX is a Sector - Tech mutual fund, allowing investors to own a stake in a notoriously volatile sector with a much more diversified approach. With yearly returns of 12.15% over the last five years, this fund clearly wins.
PGIM Jennison Equity Income R6 (PJIQX) is a stand out amongst its peers. PJIQX 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. With five-year annualized performance of 11.13%, expense ratio of 0.8% and management fee of 0.74%, this diversified fund is an attractive buy with a strong history of performance.
Causeway Global Value Investor (CGVVX - Free Report) : 1.1% expense ratio and 0.8% management fee. CGVVX is a Global - Equity mutual fund investing in bigger markets like the U.S., Europe, and Japan; these kinds of funds aren't limited by geography. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 12.41% over the last 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.