3 top performing mutual funds to consider for your retirement portfolio | Jobs Vox


There is no wrong time to invest in mutual funds for retirement. So, if you are still looking for the best mutual fund, Zacks Mutual Fund Rank can be a great guide.

How to distinguish a good mutual fund from a bad one? It’s pretty basic: If the fund is diversified, has low fees and strong performance, it’s a keeper. There’s certainly a wide range, but using the Zacks Mutual Fund Rankings, we’ve found three mutual funds that would be great additions to any long-term retirement investor’s portfolio.

Let’s learn about some of the Zacks Top-Rated Mutual Funds you might want to consider.

Consider it if you are looking to diversify your portfolio Fidelity Advisor Technology A (FADTX) FADTX is a sector-tech mutual fund that allows investors to own shares in a well-known sector that is volatile in many ways. This fund is a winner with an expense ratio of 0.97%, a management fee of 0.52% and a five-year annualized return record of 14.85%.

Neuberger Berman Guardian R3 (NGDRX) Expense Ratio: 1.36% Management Fee: 0.74%. NGDRX is part of the large-cap value category, and invests in market capitalizations of $10 billion or more, but their stock prices do not reflect their intrinsic value. This fund has managed to produce a solid 11.59% over the past five years.

MFS Wholesale Investors Growth Stock C (MIGDX) is an attractive large-cap allocation. MIGDX is a large-cap growth mutual fund, and these funds invest in many large U.S. companies that are expected to grow faster than their large-cap peers. MIGDX has an expense ratio of 1.46%, a management fee of 0.33% and annualized returns of 12.53% over the past five years.

Hopefully your investment advisor (if you use one) invested in one of the top-rated mutual funds we reviewed. But if that’s not the case, it might be time to have a conversation or rethink this very important relationship.

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