Advertisement
Singapore markets close in 6 hours 7 minutes

  • Straits Times Index

    3,305.66
    +12.73 (+0.39%)
     

  • Nikkei

    38,236.07
    -38.03 (-0.10%)
     

  • Hang Seng

    18,447.92
    -28.00 (-0.15%)
     

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • Bitcoin USD

    64,044.93
    +750.39 (+1.19%)
     

  • CMC Crypto 200

    1,333.45
    +56.47 (+4.42%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • Dow

    38,675.68
    +449.98 (+1.18%)
     

  • Nasdaq

    16,156.33
    +315.33 (+1.99%)
     

  • Gold

    2,319.80
    +11.20 (+0.49%)
     

  • Crude Oil

    78.40
    +0.29 (+0.37%)
     

  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     

  • FTSE Bursa Malaysia

    1,593.18
    +3.59 (+0.23%)
     

  • Jakarta Composite Index

    7,118.99
    -15.73 (-0.22%)
     

  • PSE Index

    6,661.70
    +46.15 (+0.70%)
     

Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio?

Zacks Equity Research
·2-min read

There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.

How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using the Zacks Mutual Fund Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.

Davis Appreciation & Income Y (DCSYX): 0.68% expense ratio and 0.55% management fee. DCSYX is classified as an Allocation Balanced fund, which seeks to invest in a balance of asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual. With annual returns of 10.97% over the last five years, this fund is a winner.

ADVERTISEMENT

Northern Large Cap Value (NOLVX): 0.57% expense ratio and 0.53% management fee. NOLVX is a Large Cap Value mutual fund, which invests in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. NOLVX, with annual returns of 10.76% over the last five years, is a well-diversified fund with a long track record of success.

TIAA-CREF Growth & Income Retail (TIIRX) is an attractive large-cap allocation. TIIRX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. TIIRX has an expense ratio of 0.67%, management fee of 0.4%, and annual returns of 15.07% over the past 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.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Get Your Free (DCSYX): Fund Analysis Report

Get Your Free (TIIRX): Fund Analysis Report

Get Your Free (NOLVX): Fund Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research