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3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio - January 13, 2020
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If you're invested in any of the funds in our "Magnificent Retirement Mutual Funds" list, congratulations on owning some of the best managed and top-performing mutual funds. If you are lucky enough to discover our list of Top-Ranked Funds for the first time, it's never too late to start investing with the best, especially when it comes to your retirement.
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 our Zacks Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.
Let's take a look at some of the highest Zacks Ranked mutual funds with the lowest fees.
Victory Sycamore Established Value Y (VEVYX - Free Report) : 0.62% expense ratio and 0.45% management fee. VEVYX is a Mid Cap Value fund, which usually invests in companies with a stock market valuation between $2 billion and $10 billion. With annual returns of 10.46% over the last five years, this fund is a winner.
MFS Mass Investors Growth Stock B (MIGBX - Free Report) . Expense ratio: 1.47%. Management fee: 0.33%. MIGBX 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. This fund has managed to produce a robust 12.32% over the last five years.
T. Rowe Price Small Cap Stock Fund (OTCFX - Free Report) : 0.88% expense ratio and 0.74% management fee. OTCFX 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. With a five-year annual return of 11.69%, this fund is a well-diversified fund with a long track record of success.
There you have it. If your financial advisor had you put your money into any of our "Magnificent Retirement Mutual Funds," then they've got you covered. If not, you may need to talk.
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.
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3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio - January 13, 2020
If you're invested in any of the funds in our "Magnificent Retirement Mutual Funds" list, congratulations on owning some of the best managed and top-performing mutual funds. If you are lucky enough to discover our list of Top-Ranked Funds for the first time, it's never too late to start investing with the best, especially when it comes to your retirement.
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 our Zacks Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.
Let's take a look at some of the highest Zacks Ranked mutual funds with the lowest fees.
Victory Sycamore Established Value Y (VEVYX - Free Report) : 0.62% expense ratio and 0.45% management fee. VEVYX is a Mid Cap Value fund, which usually invests in companies with a stock market valuation between $2 billion and $10 billion. With annual returns of 10.46% over the last five years, this fund is a winner.
MFS Mass Investors Growth Stock B (MIGBX - Free Report) . Expense ratio: 1.47%. Management fee: 0.33%. MIGBX 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. This fund has managed to produce a robust 12.32% over the last five years.
T. Rowe Price Small Cap Stock Fund (OTCFX - Free Report) : 0.88% expense ratio and 0.74% management fee. OTCFX 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. With a five-year annual return of 11.69%, this fund is a well-diversified fund with a long track record of success.
There you have it. If your financial advisor had you put your money into any of our "Magnificent Retirement Mutual Funds," then they've got you covered. If not, you may need to talk.
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.