3 Top-Ranked Mutual Funds for Your Retirement
In This Article:
It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance.
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 learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.
Fidelity Small Cap Growth
(FCPGX) has a 1.01% expense ratio and 0.93% management fee. FCPGX is a Small Cap Growth mutual fund building their portfolio around stocks with market caps under $2 billion and large growth opportunities. With yearly returns of 12.38% over the last five years, this fund clearly wins.
Frost Growth Equity Institutional
(FICEX). Expense ratio: 0.64%. Management fee: 0.5%. FICEX 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 17.63% over the last five years.
Metropolitan West Alpha Trak 500
(MWATX) is an attractive large-cap allocation. MWATX is an Allocation Balanced mutual fund. Allocation Balanced funds look to invest across asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual; these funds are mostly categorized by their respective asset allocation. MWATX has an expense ratio of 0.45%, management fee of 0.4%, and annual returns of 15.04% 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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