|Expense Ratio (net)||0.95%|
|Category||Foreign Large Blend|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||High|
|Beta (3Y Monthly)||1.24|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Sep 30, 1992|
At 67 and 64, respectively, Bill and Kathleen are starting to see many of their peers retire. In an effort to retire debt-free and to preserve their retirement assets for as long as possible, they plan to continue working for another five to seven years. Kathleen is the office manager for a pediatric medicine practice.
"If you're in your 30s or 40s and you think you have at least 20, 25 years until retirement, you should want to see these periodic market sell-offs, because you want to hold a mostly equity heavy portfolio at that life stage," says Morningstar director of personal finance Christine Benz. To Benz's point, the S&P 500 is up about 11% per year for the trailing five-year period. As such, investors may find that their portfolios are light on bonds and international stocks.
These members of the Kiplinger 25, the collection of our favorite no-load mutual funds, require new investors to jump some hurdles in order to buy initial shares -- but we think you should endure the hassle.
Learn about what makes Oakmark Funds desirable for retirement investing. Read about the top three Oakmark funds to research for retirement diversification.
Investors continue to flock to index funds in droves, but they've kept the faith in some actively managed bond funds and a few strong-performing active international-stock strategies.