Discover the best mutual funds to enhance your retirement portfolio and secure your financial future
City: Chicago
Investing in mutual funds for retirement is always a smart move. If you’re on the hunt for the best options, the Zacks Mutual Fund Rank is a solid resource.
So, how do you spot a good mutual fund? It’s simple: look for diversity, low fees, and strong performance. There are plenty of choices, but we’ve found three top-ranked funds that are perfect for long-term retirement investors.
First up is the Fidelity Advisor Series Small Cap (FSSFX). It has a tiny 0.01% expense ratio and no management fees. This fund focuses on small-cap stocks and has delivered impressive yearly returns of 10.98% over the last five years.
Next is the JPMorgan US Equity Fund L (JMUEX), which has a 0.54% expense ratio and a 0.4% management fee. This large-cap blend fund invests in big companies, providing stability and a solid yearly return of 15.86% over five years.
Lastly, we have the T. Rowe Price US Large-Cap Core Adviser (PAULX). With a 0.95% expense ratio and a 0.54% management fee, this fund targets large U.S. companies expected to grow faster than others, boasting yearly returns of 12.84% over five years.
These funds show that there are some fantastic options out there. If your advisor has you in these, great! If not, it might be time for a chat.
