The funds in our "Magnificent Retirement Mutual Funds" list are some of the top-performing, best managed funds available. If you're already invested in them, congratulations! If you're not, don't worry - it's never too late to start getting the advantages of these outstanding funds for your retirement.
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.
Let's learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.
Loomis Sayles Small Cap Growth N (LSSNX): 0.82% expense ratio and 0.75% management fee. LSSNX is a Small Cap Growth mutual fund and tends to feature small companies in up-and-coming industries and markets. LSSNX has achieved five-year annual returns of an astounding 11.63%.
VALIC Company I Mid Cap Strategic Growth (VMSGX): 0.81% expense ratio and 0.69% management fee. VMSGX 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. With yearly returns of 10.57% over the last five years, VMSGX is an effectively diversified fund with a long reputation of solidly positive performance.
DFA US Large Cap Growth Institutional (DUSLX): 0.2% expense ratio and 0.17% management fee. DUSLX is a part of the Large Cap Growth mutual fund category, which invest in many large U.S. companies that are expected to grow much faster compared to other large-cap stocks. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 12.61% over the last five years.
So, there you have it - if your advisor has you invested in any of our "Magnificent Retirement Mutual Funds," they are certainly earning their keep. If not, you may want to look elsewhere.
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