3 Great Mutual Fund Picks 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.
If you are looking to diversify your portfolio, consider
AB Discovery Growth Adviser
(CHCYX). CHCYX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. This fund is a winner, boasting an expense ratio of 0.69%, management fee of 0.6%, and a five-year annualized return track record of 9.98%.
George Putnam Balanced Fund Y
(PGEYX) is a stand out amongst its peers. PGEYX is classified as an Allocation Balanced fund, which seeks to invest in a balance of asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual. With five-year annualized performance of 9.99%, expense ratio of 0.68% and management fee of 0.52%, this diversified fund is an attractive buy with a strong history of performance.
SA US Small Company Fund
(SAUMX) is an attractive large-cap allocation. SAUMX is an All Cap Growth mutual fund investing in a wide variety of equities, no matter the size of the company and as long as the firm exhibits growth characteristics. SAUMX has an expense ratio of 0.89%, management fee of 0.6%, and annual returns of 10.57% 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.
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 (CHCYX): Fund Analysis Report
Get Your Free (PGEYX): Fund Analysis Report
Get Your Free (SAUMX): Fund Analysis Report