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

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.

Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.

Ivy Mid Cap Growth Y (WMGYX): 1.13% expense ratio and 0.77% management fee. WMGYX 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. WMGYX has achieved five-year annual returns of an astounding 14.94%.

Vanguard PRIMECAP Fund Admiral (VPMAX): 0.31% expense ratio and 0.3% management fee. VPMAX 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. VPMAX, with annual returns of 12.16% over the last five years, is a well-diversified fund with a long track record of success.

Fidelity Global Commodity Stock Fund (FFGCX): 0.94% expense ratio and 0.67% management fee. FFGCX 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 a five-year annual return of 11.96%, this fund is a well-diversified fund with a long track record of success.

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.

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