Investing in retirement mutual funds is a never-ending process. As such, the Zacks Mutual Fund Rank can offer you helpful advice if you intend to invest in some of the top funds.
Analyzing a mutual fund’s performance, fees, and diversification over time is the simplest and most trustworthy way to determine its quality. With over 19,000 mutual funds covered by the Zacks Mutual Fund Rank, they were able to identify three outstanding options that would be ideal for any long-term investor’s retirement-focused portfolio.
These are the funds with low fees and the #1 Zacks Mutual Fund Rank (Strong Buy).
The Oppenheimer SteelPath MLP Income A (MLPDX) investment:
Gas a management fee of 0.95% and an expense ratio of 1.4%. A mutual fund called Sector – Energy, or MLPDX, covers a wide range of significantly changing and strategically significant industries within this enormous global sector. This fund comes out on top with annual returns of 11.57% over the previous five years.
Putnam Large Cap Value A (PEYAX):
Stands out among its peers. PEYAX is a large-cap value mutual fund that invests in stocks with market capitalizations of $10 billion or more, but whose stock prices do not reflect their intrinsic value. With a five-year annualized performance of 13.14%, an expense ratio of 0.9%, and a management fee of 0.47%, this diversified fund has a solid performance history and is an attractive buy.
Queen’s Road Small Cap Value Fund (QRSVX):
0.98% expense ratio, 0.66% management fee. QRSVX is a small-cap mutual fund option that typically invests in companies with market capitalizations of less than $2 billion. This fund is a well-diversified fund with a long track record, with his five-year annualized return of 10.04%.
We hope that you have invested in one or more of the top-ranked mutual funds we’ve examined through your financial advisor, if you use one. However, if that isn’t the case, it could be time to discuss or reconsider this important relationship.