Top 3 Mutual Funds to Boost Your Retirement Savings

Top 3 Mutual Funds to Boost Your Retirement Savings

It’s never too late to invest in mutual funds to prepare for retirement. Therefore, if you are planning to invest in the best funds, the Mutual Fund Rank can provide you with valuable guidance.

How do you tell a good mutual fund from a bad one? It’s very simple. If a fund is diversified, has low fees and has demonstrated good performance, it’s worth buying. Of course, there is a wide range of options, but with the Mutual Fund Rank, you can found three mutual funds that are great to add to the portfolio of long-term retirement investors.

Let’s take a look at some mutual funds with the highest Mutual Fund Ranks and the lowest fees:

If you are looking to diversify your portfolio, consider

MFS Blended Research Growth Eq R6

(BRWVX). BRWVX is part of the large-cap growth mutual fund category, which invests in many large U.S. companies that are expected to grow much faster than other large-cap stocks. This fund is a winner with a 0.42% expense ratio, 0.4% management fee, and a five-year annualized return of 18.61%.

First Eagle Gold Fund I

(FEGIX): 0.94% expense ratio, 0.75% management fee. FEGIX is classified as a precious metals sector fund, and these mutual funds invest in stocks focused on the mining and production of precious metals such as gold, silver, platinum, and palladium. FEGIX is a well-diversified fund with a long-standing reputation for a solid positive track record, with an annualized return of 10.48% over the past five years.

PIMCO RAE US Small A

(PMJAX). Expense ratio: 0.9%. Management fee: 0.65%. Five-year annualized return: 17.62%. PMJAX is a small-cap value fund, known for investing in companies with market capitalizations under $2 billion.

These examples highlight the fact that there are some surprisingly good mutual funds out there. If your advisor has invested you in good funds, great! If not, you might want to talk to him.

Share This Post