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!
The easiest way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using our Zacks 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.
Let's break down some of the mutual funds with the highest Zacks Rank and the lowest fees.
JPMorgan Small Cap Growth Fund A (PGSGX): 1.24% expense ratio and 0.65% management fee. PGSGX is a Small Cap Growth mutual fund building their portfolio around stocks with market caps under $2 billion and large growth opportunities. With annual returns of 12.71% over the last five years, this fund is a winner.
T. Rowe Price Blue Chip Growth Fund (TRBCX): 0.69% expense ratio and 0.55% management fee. TRBCX 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. With yearly returns of 16.19% over the last five years, TRBCX is an effectively diversified fund with a long reputation of solidly positive performance.
Neuberger Berman Guardian Investor (NGUAX) is an attractive large-cap allocation. NGUAX is a part of the Large Cap Value category, and invests in equities with a market capitalization of $10 billion or more, but whose share prices do not reflect their intrinsic value. NGUAX has an expense ratio of 0.87%, management fee of 0.76%, and annual returns of 11.1% over the past five years.
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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