Make the Most of Your Retirement with These Top-Ranked Mutual Funds

Posted By: ndeeney

It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance.

The easiest way to judge a mutual fund’s quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we’ve identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.

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

MFS Blended Research Growth Eq R6 (BRWVX) has a 0.42% expense ratio and 0.4% management fee. BRWVX is a Large Cap Growth mutual fund, and these funds invest in many large U.S. firms that are projected to grow at a faster rate than their large-cap peers. With yearly returns of 11% over the last five years, this fund clearly wins.

Janus Henderson Enterprise Institutional (JAAGX). Expense ratio: 0.72%. Management fee: 0.64%. JAAGX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. This fund has managed to produce a robust 10.41% over the last five years.

Madison Covered Call & Equity Income Y (MENYX) is an attractive large-cap allocation. MENYX 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. MENYX has an expense ratio of 1.01%, management fee of 0.85%, and annual returns of 10.1% over the past five years.

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.

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