Back to top

Image: Bigstock

Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?- December 19, 2019

Read MoreHide Full Article

The funds in our "Magnificent Retirement Mutual Funds" list are some of the top-performing, best managed funds available. If you're already invested in them, congratulations! If you're not, don't worry - it's never too late to start getting the advantages of these outstanding funds for your retirement.

The easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Our Zacks Rank 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 learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.

American Century NT Growth Institutional : 0.63% expense ratio and 0.62% management fee. ACLTX 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 annual returns of 13.21% over the last five years, this fund is a winner.

AB Discovery Growth Z (CHCZX - Free Report) : 0.66% expense ratio and 0.61% management fee. CHCZX is a Mid Cap Growth mutual fund. Mid Cap Growth funds pick stocks--usually companies with a market cap between $2 billion and $10 billion--that demonstrate extensive growth opportunities for investors compared to their peers. With yearly returns of 10.51% over the last five years, CHCZX is an effectively diversified fund with a long reputation of solidly positive performance.

MFS Global Growth Fund I (MWOIX - Free Report) : 1.12% expense ratio and 0.9% management fee. MWOIX 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. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 10.93% over the last five years.

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.

Do You Know the Top 9 Retirement Investing Mistakes?

Investing in underperforming mutual funds is just one of the key errors that can derail your retirement plans.

To learn more, read our just-released report: 9 Retirement Mistakes You Need to Avoid.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


AB DISCOVERY GROWTH Z (CHCZX) - free report >>

MFS Global Growth I (MWOIX) - free report >>

Published in