Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?

03.12.24 14:00 Uhr

Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.The best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.Let's take a look at some of our top-ranked mutual funds with the lowest fees.Frost Growth Equity Institutional (FICEX): 0.67% expense ratio and 0.5% management fee. 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. With annual returns of 16.83% over the last five years, this fund is a winner.Fidelity Select Financial Services (FIDSX): 0.7% expense ratio and 0.69% management fee. FIDSX is a Sector - Finance mutual fund option, which provide investors with a diversified and stabilized investment approach focused on the financial space, which is a notoriously large, complex, and heavily-regulated industry. With yearly returns of 14.09% over the last five years, FIDSX is an effectively diversified fund with a long reputation of solidly positive performance.MM Select Equity Asset I (MSEJX): 0.26% expense ratio and 0.18% management fee. MSEJX is a Global - Equity mutual fund. These funds invest in large markets like the U.S., Europe, and Japan, and operate with very few geographical limitations. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 16.63% over the last five years.These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 228 positions with double- and triple-digit gains in 2023 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (FICEX): Fund Analysis Report Get Your Free (FIDSX): Fund Analysis Report Get Your Free (MSEJX): Fund Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks

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