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3 Great Mutual Fund Picks for Your Retirement - August 03, 2020
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If you're invested in any of the funds in our "Magnificent Retirement Mutual Funds" list, congratulations on owning some of the best managed and top-performing mutual funds. If you are lucky enough to discover our list of Top-Ranked Funds for the first time, it's never too late to start investing with the best, especially when it comes to your retirement.
The easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Our Zacks Rank 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 the highest Zacks Ranked mutual funds with the lowest fees.
Eaton Vance Tax-Managed Growth 1.0 (CAPEX - Free Report) : 0.47% expense ratio and 0.45% management fee. CAPEX 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 annual returns of 10.25% over the last five years, this fund is a winner.
MFS Mid-Cap Growth Fund R3 (OTCHX - Free Report) : 1.05% expense ratio and 0.69% management fee. OTCHX is a Mid Cap Growth mutual fund. These mutual funds choose companies with a stock market valuation between $2 billion and $10 billion. With yearly returns of 13.5% over the last five years, OTCHX is an effectively diversified fund with a long reputation of solidly positive performance.
Matthews Asia Innovators Institutional (MITEX - Free Report) is an attractive large-cap allocation. MITEX is part of the Sector - Tech mutual fund category that invests in technology and lets investors own a stake in a notoriously volatile sector, but with a much more diversified approach. MITEX has an expense ratio of 1.05%, management fee of 0.66%, and annual returns of 12.54% over the past five years.
So, there you have it - if your advisor has you invested in any of our "Magnificent Retirement Mutual Funds," they are certainly earning their keep. If not, you may want to look elsewhere.
Do You Know the Top 9 Retirement Investing Mistakes?
Investing in underperforming mutual funds is just one of the key errors that can derail your retirement plans.
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3 Great Mutual Fund Picks for Your Retirement - August 03, 2020
If you're invested in any of the funds in our "Magnificent Retirement Mutual Funds" list, congratulations on owning some of the best managed and top-performing mutual funds. If you are lucky enough to discover our list of Top-Ranked Funds for the first time, it's never too late to start investing with the best, especially when it comes to your retirement.
The easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Our Zacks Rank 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 the highest Zacks Ranked mutual funds with the lowest fees.
Eaton Vance Tax-Managed Growth 1.0 (CAPEX - Free Report) : 0.47% expense ratio and 0.45% management fee. CAPEX 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 annual returns of 10.25% over the last five years, this fund is a winner.
MFS Mid-Cap Growth Fund R3 (OTCHX - Free Report) : 1.05% expense ratio and 0.69% management fee. OTCHX is a Mid Cap Growth mutual fund. These mutual funds choose companies with a stock market valuation between $2 billion and $10 billion. With yearly returns of 13.5% over the last five years, OTCHX is an effectively diversified fund with a long reputation of solidly positive performance.
Matthews Asia Innovators Institutional (MITEX - Free Report) is an attractive large-cap allocation. MITEX is part of the Sector - Tech mutual fund category that invests in technology and lets investors own a stake in a notoriously volatile sector, but with a much more diversified approach. MITEX has an expense ratio of 1.05%, management fee of 0.66%, and annual returns of 12.54% over the past five years.
So, there you have it - if your advisor has you invested in any of our "Magnificent Retirement Mutual Funds," they are certainly earning their keep. If not, you may want to look elsewhere.
Do You Know the Top 9 Retirement Investing Mistakes?
Investing in underperforming mutual funds is just one of the key errors that can derail your retirement plans.
To learn more, read our just-released report: 9 Retirement Mistakes You Need to Avoid.