Discover three top-performing mutual funds that could enhance your investment strategy and help you reach your retirement goals
To really gauge a mutual fund’s quality, look at its performance, diversification, and fees. With the Zacks Mutual Fund Rank covering over 19,000 funds, we’ve pinpointed three stellar choices that can help you meet your long-term retirement goals.
Let’s dive into these top-ranked mutual funds with low fees.
First up is the Wells Fargo Disciplined US Core A (EVSAX). It has an expense ratio of 0.83% and a management fee of 0.35%. This fund focuses on large-cap companies, which typically have a market cap of $10 billion or more. Investing in these larger firms can provide more stability, making it a great pick for those who prefer a “buy and hold” strategy. Over the last five years, it has delivered annual returns of 15.06%.
Next, we have the Fidelity Advisor Equity Growth Z (FZAFX). This fund comes with a 0.57% expense ratio and a 0.52% management fee. It targets large-cap growth stocks, investing in big U.S. companies expected to grow faster than their peers. With yearly returns of 18.83% over the past five years, it’s a well-diversified fund known for its strong performance.
Lastly, there’s the Undiscovered Managers Behavioral Value A (UBVAX), which has a 1.24% expense ratio and a 0.75% management fee. This small-cap value fund invests in companies valued under $2 billion and has seen a five-year annual return of 11.23%.
So, if your financial advisor recommended any of these top-ranked funds, you’re in good hands. If not, it might be time for a chat.
