3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio- July 15, 2020
Our "Magnificent Retirement Mutual Funds" list includes some of the best managed and best performing funds around. If you're already invested in these, congratulations! But if you're just now discovering them, don't worry. When it comes to your retirement, it's never too late to start investing in the best.
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.
If you are looking to diversify your portfolio, consider Vanguard Tax-Managed Cap Appreciation Admiral (VTCLX). VTCLX 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. This fund is a winner, boasting an expense ratio of 0.09%, management fee of 0.08%, and a five-year annualized return track record of 10.61%.
Pear Tree Quality Ordinary (USBOX): 1.27% expense ratio and 1% management fee. USBOX is a Long Short - Equity option. These funds' investment strategy consists of minimizing overall market exposure, while at the same time taking long positions in equities that are expected to appreciate and short positions in equities that are projected to decline. With yearly returns of 12.12% over the last five years, USBOX is an effectively diversified fund with a long reputation of solidly positive performance.
JPMorgan Intrepid Advantage I (JIISX) is an attractive large-cap allocation. JIISX 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. JIISX has an expense ratio of 0.59%, management fee of 0.45%, and annual returns of 10.13% over the past 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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