There is never a wrong time to invest in mutual funds for retirement. So, if you’re still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.
The easiest, most reliable way to judge a mutual fund’s quality over time is by analyzing its performance, diversification, and fees. The Zacks Mutual Fund Rank, which covers over 19,000 mutual funds, has helped us identify three outstanding options that are perfect for any long-term investors’ portfolios that is retirement-focused.
Let’s learn about some of Zacks’ highest ranked mutual funds with low fees you may want to consider.
(GWPFX) has a 0.37% expense ratio and 0% management fee. GWPFX 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 12.57% over the last five years, this fund clearly wins.
(PGSYX) is a stand out amongst its peers. PGSYX 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 five-year annualized performance of 15.24%, expense ratio of 0.74% and management fee of 0.65%, this diversified fund is an attractive buy with a strong history of performance.
(PRPFX). Expense ratio: 0.81%. Management fee: 0.79%. Five year annual return: 12.56%. PRPFX is a part of the Allocation Balanced fund category; these funds like to invest in a variety of asset types, finding a balance between stocks, bonds, cash, and sometimes even precious metals and commodities; they are mostly categorized by their respective asset allocation.
There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they’ve got you covered. If not, you may need to talk.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Get Your Free (GWPFX): Fund Analysis Report
Get Your Free (PRPFX): Fund Analysis Report
Get Your Free (PGSYX): Fund Analysis Report
This article originally published on Zacks Investment Research (zacks.com).