It’s never too late to start investing in mutual funds for retirement. Additionally, for investors trying to find the finest funds to invest in, the Zacks Mutual Fund Rank can be a very useful tool.
Analyzing a mutual fund’s performance, fees, and diversification over time is the most straightforward method of determining its quality. Three exceptional mutual funds that are well-suited to assist long-term investors in pursuing and accomplishing their retirement investing objectives have been found using the Zacks Mutual Fund Rank, which ranks over 19,000 mutual funds.
Let’s explore some of the lowest-fee mutual funds that are among Zacks’ top picks that you might wish to take into consider.
Goldman Sachs Large Cap Growth Insights I (GCGIX): 0.59% expense ratio, 0.52% management fee. GCGIX is a large-cap growth option. These mutual funds buy shares in a number of large U.S. companies that are expected to outperform and grow better than other large-cap stocks. With an annualized return of 15.69% over the past five years, this fund is a winner.
MassMutual Select Small Cap Growth Stock Admiral (MSGLX): 1.17% expense ratio, 0.8% management fee. MSGLX is one of many small-cap growth mutual funds. These funds tend to build their portfolios around stocks with market capitalizations of less than $2 billion. With an annual return of 9.47% over the past five years, MSGLX is an effectively diversified fund that has long been known for its solid strong performance.
Primary Mid Cap Value I Institutional (PVMIX): 0.64% management fee and 0.69% expense ratio. A Mid Cap Value fund called PVMIX often makes investments in businesses that are valued between $2 billion and $10 billion on the stock market. The fund, which has a history of healthy performance and has primarily invested in stocks, has produced annual returns of 11.15% during the previous five years.