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BNY MELLON NATL RESOURCES A (DNLAX) - free report >>
Eaton Vance Atlanta Cap Focus Gr A (EAALX) - free report >>
Janus Henderson VIT Enterprise Inst (JAAGX) - free report >>
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3 Top-Ranked Mutual Funds for Your Retirement
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 take a look at some of our top-ranked mutual funds with the lowest fees.
BNY Mellon Natural Resources A (DNLAX - Free Report) : 1.14% expense ratio and 0.75% management fee. DNLAX is a Sector - Energy mutual fund, which encompasses a wide range of vastly changing and vitally important industries throughout this massive global sector. With annual returns of 13.5% over the last five years, this fund is a winner.
Eaton Vance Atlanta Cap Focus Growth A (EAALX - Free Report) is a stand out amongst its peers. EAALX 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 five-year annualized performance of 15.06%, expense ratio of 1.03% and management fee of 0.65%, this diversified fund is an attractive buy with a strong history of performance.
Janus Henderson Enterprise Institutional (JAAGX - Free Report) : 0.72% expense ratio and 0.64% management fee. JAAGX is a Mid Cap Growth mutual fund. These mutual funds choose companies with a stock market valuation between $2 billion and $10 billion. With a five-year annual return of 10.27%, 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.