The funds in our "Magnificent Retirement Mutual Funds" list are among the best managed and best performing mutual funds available. If you are just finding out about our Top-Ranked Funds list, we welcome you!
How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using our Zacks Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.
Let's learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.
JPMorgan (NYSE:JPM) Disciplined Equity I (JDESX): 0.35% expense ratio and 0.25% management fee. JDESX is classified as a Large Cap Blend fund. More often than not, Large Cap Blend mutual funds invest in companies with a market cap of over $10 billion. Buying stakes in bigger companies offer these funds more stability, and are well-suited for investors with a "buy and hold" mindset. JDESX has achieved five-year annual returns of an astounding 10.01%.
AB Discovery Growth R (CHCRX). Expense ratio: 1.37%. Management fee: 0.61%. CHCRX 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 has managed to produce a robust 10.94% over the last five years.
Victory Sycamore Small Company Opportunity Y (VSOYX) is an attractive large-cap allocation. VSOYX is a Small Cap Value fund, and these funds are known for investing in companies with market caps under $2 billion. VSOYX has an expense ratio of 1.07%, management fee of 0.76%, and annual returns of 10.82% over the past five years.
We hope that your investment advisor (if you use one) has you invested in one or all of the top-ranked mutual funds we've reviewed. But if that isn't the case, it might be time to have a conversation or reconsider this vitally important relationship.
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