There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.
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.
BlackRock Equity Dividend S(MSDVX): 0.96% expense ratio and 0.56% management fee. MSDVX is a Large Cap Value mutual fund, which invests in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. With annual returns of 12.36% over the last five years, this fund is a winner.
Segall Bryant & Hamill Emerg Mkts A(SBHEX): 1.3% expense ratio and 0.9% management fee. SBHEX is a part of the Non US - Equity fund category, many of which will focus across all cap levels, and will typically allocate their investments between emerging and developed markets. SBHEX, with annual returns of 11.65% over the last five years, is a well-diversified fund with a long track record of success.
Nuveen Quant SMid-Cap Eq R6(TSMWX) is an attractive large-cap allocation. TSMWX is a Small Cap Blend mutual fund, allowing investors a way to diversify their funds among various types of small-cap stocks. TSMWX has an expense ratio of 0.46%, management fee of 0.43%, and annual returns of 12.85% 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.
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This article originally published on Zacks Investment Research (zacks.com).
