Back to top

Image: Bigstock

3 Great Mutual Fund Picks for Your Retirement

Read MoreHide Full Article

Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.

The best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.

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

AB Large Cap Growth Adivsor (APGYX - Free Report) : 0.59% expense ratio and 0.48% management fee. APGYX 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 13.03% over the last five years, this fund is a winner.

Voya Growth & Income Portfolio A (IAVGX - Free Report) : 1.12% expense ratio and 0.6% management fee. IAVGX 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. IAVGX, with annual returns of 11.44% over the last five years, is a well-diversified fund with a long track record of success.

Voya Growth & Income Portfolio A (IAVGX - Free Report) is an attractive large-cap allocation. IAVGX 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. IAVGX has an expense ratio of 1.12%, management fee of 0.6%, and annual returns of 11.44% over the past five years.

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.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Voya Growth & Income Port A (IAVGX) - free report >>

AB Large Cap Growth Adv (APGYX) - free report >>

Published in