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.
Let’s take a look at some of our top-ranked mutual funds with the lowest fees.
If you are looking to diversify your portfolio, consider Steward Values Focus LC Enhc Idx I (SEECX). SEECX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a “buy and hold” mindset. This fund is a winner, boasting an expense ratio of 0.58%, management fee of 0.22%, and a five-year annualized return track record of 11.83%.
Fidelity Growth Discovery K (FGDKX) is a stand out amongst its peers. FGDKX 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 five-year annualized performance of 11.82%, expense ratio of 0.46% and management fee of 0.45%, this diversified fund is an attractive buy with a strong history of performance.
Brandes Emerging Markets Value R6 (BEMRX): 0.97% expense ratio and 0.95% management fee. BEMRX is a part of the Non US – Equity fund category, many of which will focus across all cap levels, and will typically allocate their investments between emerging and developed markets. With a five-year annual return of 13.97%, 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 top-ranked funds, then they’ve got you covered. If not, you may need to talk.
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This article originally published on Zacks Investment Research (zacks.com).