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!
Great performance, diversification, and low fees: it's a pretty simple formula for a great mutual fund. Some are better than others, but utilizing our Zacks Rank, we have identified three mutual funds that would make great additions to long-term investors' portfolios.
Here are the funds that have achieved the #1 (Strong Buy) Zacks Rank and have low fees.
AB Small Cap Growth I (QUAIX): 0.9% expense ratio and 0.75% management fee. QUAIX is a Small Cap Growth mutual fund and tends to feature small companies in up-and-coming industries and markets. With annual returns of 14.05% over the last five years, this fund is a winner.
MSIF Global Quality Portfolio IS (MGQSX): 0.84% expense ratio and 0.7% management fee. MGQSX is a Global - Equity mutual fund, which invests their assets in large markets, leveraging the global economy. MGQSX, with annual returns of 12.04% over the last five years, is a well-diversified fund with a long track record of success.
Dreyfus US Equity Fund Y (DPUYX). Expense ratio: 0.8%. Management fee: 0.75%. Five year annual return: 11.77%. DPUYX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks.
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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