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 way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we've identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.
Let's take a look at some of our top-ranked mutual funds with the lowest fees.
Eaton Vance Tax-Managed Growth 1.1 I
(EITMX): 0.47% expense ratio and 0.41% management fee. EITMX is a Large Cap Growth mutual fund, and these funds invest in many large U.S. firms that are projected to grow at a faster rate than their large-cap peers. With annual returns of 14.77% over the last five years, this fund is a winner.AMG FQ U.S. Equity I
(MEQFX): 0.63% expense ratio and 0.35% management fee. MEQFX is a Long Short - Equity option. These funds' investment strategy consists of minimizing overall market exposure, while at the same time taking long positions in equities that are expected to appreciate and short positions in equities that are projected to decline. With yearly returns of 10.4% over the last five years, MEQFX is an effectively diversified fund with a long reputation of solidly positive performance.Principal Capital Appreciation R3
(PCAOX): 1% expense ratio and 0.43% management fee. PCAOX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a "buy and hold" mindset. With a five-year annual return of 14.45%, this fund is a well-diversified fund with a long track record of success.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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See them now >>Get Your Free (EITMX): Fund Analysis Report
Get Your Free (PCAOX): Fund Analysis Report
Get Your Free (MEQFX): Fund Analysis Report
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