It is too late to invest in mutual funds for retirement. So, if you are planning to invest in some of the best mutual funds, Zacks Mutual Fund Rank can provide you with valuable guidance.
The best way to list great mutual funds is to ensure strong performance, diversification and low fees. Some are better than others, but using the Zacks Mutual Fund Rankings, we’ve identified three mutual funds that could be solid additions to one’s retirement portfolio.
Let’s take a look at some of our top-rated mutual funds with low fees.
Alger Capital Appreciation Focus I (ALGRX – Free Report) has an expense ratio of 0.91% and a management fee of 0.52%. ALGRX is a great capital growth option; These mutual funds buy shares in several large US companies that are expected to build and grow faster than other large stocks. With annualized returns of 10.25% over the last five years, this fund is a clear winner.
Bridgeway Minimum Cap Value N (BRSVX – Free Report) stands out among its peers. BRSVX is a small-cap value mutual fund alternative, which typically invests in companies with a market capitalization of less than $2 billion. With a five-year annualized performance of 12.49%, an expense ratio of 0.83% and a management fee of 0.61%, this diversified fund is an attractive buy with a strong track record of performance.
T. Rowe Value New Horizons (PRNHX – Free Report) is an attractive large-cap allocation. PRNHX is one of many small cap growth mutual funds. These funds build their portfolios around market capitalizations of less than $2 billion. PRNHX has an expense ratio of 0.8%, a management fee of 0.63% and annualized returns of 11.03% over the last five years.
These examples highlight the fact that there are surprisingly good mutual funds out there. If your mentor is in good hands, bravo! If not, you may need to have a talk.