Discover three top mutual funds that could enhance your retirement savings strategy
Chicago: It’s never too late to dive into mutual funds for your retirement. If you’re thinking about investing, the Zacks Mutual Fund Rank can really help you out.
To figure out how good a mutual fund is, you should look at its performance, diversification, and fees. The Zacks Mutual Fund Rank covers over 19,000 funds and has pointed out three great options for long-term retirement investors.
First up is the Goldman Sachs Large Cap Growth Insights R (GLCRX). It has a 1.15% expense ratio and a 0.52% management fee. This fund focuses on large U.S. companies expected to grow faster than others. With annual returns of 17.28% over the last five years, it’s definitely a solid choice.
Next, we have the Undiscovered Managers Behavioral Value R6 (UBVFX). This small-cap value fund invests in companies with market caps under $2 billion. It boasts a five-year annualized performance of 14.25%, with an expense ratio of 0.8% and a management fee of 0.75%. It’s a well-diversified fund with a strong track record.
Lastly, there’s the Janus Henderson Global Life Science D (JNGLX). This fund focuses on the healthcare sector, which is huge in the U.S. It has an expense ratio of 0.8%, a management fee of 0.64%, and annual returns of 10.33% over the past five years.
These funds show that there are some really good options out there. If your advisor has you in these, great job! If not, it might be time for a chat.
