Advertisement
Singapore markets open in 2 hours 52 minutes

  • Straits Times Index

    3,272.72
    +47.55 (+1.47%)
     

  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     

  • Dow

    38,503.69
    +263.71 (+0.69%)
     

  • Nasdaq

    15,696.64
    +245.33 (+1.59%)
     

  • Bitcoin USD

    66,385.63
    -324.38 (-0.49%)
     

  • CMC Crypto 200

    1,426.91
    +12.15 (+0.86%)
     

  • FTSE 100

    8,044.81
    +20.94 (+0.26%)
     

  • Gold

    2,335.70
    -6.40 (-0.27%)
     

  • Crude Oil

    83.40
    +0.04 (+0.05%)
     

  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     

  • Nikkei

    37,552.16
    +113.55 (+0.30%)
     

  • Hang Seng

    16,828.93
    +317.24 (+1.92%)
     

  • FTSE Bursa Malaysia

    1,561.64
    +2.05 (+0.13%)
     

  • Jakarta Composite Index

    7,110.81
    -7,073.82 (-49.87%)
     

  • PSE Index

    6,506.80
    +62.72 (+0.97%)
     

Make the Most of Your Retirement with These Top-Ranked Mutual Funds

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.

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.

Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.

Voya Growth & Income Portfolio A (IAVGX): 1.11% expense ratio and 0.6% management fee. IAVGX 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. IAVGX has achieved five-year annual returns of an astounding 11.56%.

ADVERTISEMENT

VALIC Company I Mid Cap Strategic Growth (VMSGX) is a stand out amongst its peers. VMSGX is a Global - Equity mutual fund investing in bigger markets like the U.S., Europe, and Japan; these kinds of funds aren't limited by geography. With five-year annualized performance of 10.72%, expense ratio of 0.78% and management fee of 0.64%, this diversified fund is an attractive buy with a strong history of performance.

BlackRock Exchange BlackRock (STSEX): 0.77% expense ratio and 0.5% management fee. STSEX 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. With a five-year annual return of 13.41%, 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.

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 (IAVGX): Fund Analysis Report

Get Your Free (STSEX): Fund Analysis Report

Get Your Free (VMSGX): Fund Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research