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MainStay Winslow LargeCap Grow I (MLAIX) - free report >>
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MainStay Winslow LargeCap Grow I (MLAIX) - free report >>
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Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?
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.
If you are looking to diversify your portfolio, consider Sterling Capital Equity Income I (BEGIX - Free Report) . BEGIX is classified as a Large Cap Blend fund. More often than not, Large Cap Blend mutual funds invest in companies with a market cap of over $10 billion. Buying stakes in bigger companies offer these funds more stability, and are well-suited for investors with a "buy and hold" mindset. This fund is a winner, boasting an expense ratio of 0.79%, management fee of 0.55%, and a five-year annualized return track record of 10.9%.
Deutsche Science and Technology S (KTCSX - Free Report) is a stand out amongst its peers. With a much more diversified approach, KTCSX--part of the Sector - Tech mutual fund category--gives investors a way to own a stake in the notoriously risky tech sector. With five-year annualized performance of 10.05%, expense ratio of 0.71% and management fee of 0.45%, this diversified fund is an attractive buy with a strong history of performance.
MainStay Large Cap Growth I (MLAIX - Free Report) . Expense ratio: 0.68%. Management fee: 0.61%. Five year annual return: 10.32%. MLAIX is a part of the Large Cap Growth mutual fund category, which invest in many large U.S. companies that are expected to grow much faster compared to other large-cap stocks.
These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.