3 Top-Ranked Mutual Funds for Your Retirement
Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.
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 take a look at some of our top-ranked mutual funds with the lowest fees.
Principal Mid Cap Value I J (PVEJX): 0.87% expense ratio and 0.64% management fee. PVEJX is a Mid Cap Value mutual funds that aims to target medium-sized companies that possess strong value and income opportunities for investors. PVEJX has achieved five-year annual returns of an astounding 10.06%.
Invesco SteelPath MLPSelect 40 R6 (OSPSX) is a stand out amongst its peers. OSPSX is a Sector - Energy fund, which are comprised of various changing and hugely important industries throughout the massive global energy sector. With five-year annualized performance of 24.49%, expense ratio of 0.76% and management fee of 0.69%, this diversified fund is an attractive buy with a strong history of performance.
Nuveen Quant SMid-Cap Eq Retire (TSMOX): 0.7% expense ratio and 0.43% management fee. TSMOX is a Small Cap Blend mutual fund, allowing investors a way to diversify their funds among various types of small-cap stocks. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 12.65% over the last 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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This article originally published on Zacks Investment Research (zacks.com).
Source Zacks-com


