The funds in our “Magnificent Retirement Mutual Funds” list are some of the top-performing, best managed funds available. If you’re already invested in them, congratulations! If you’re not, don’t worry – it’s never too late to start getting the advantages of these outstanding funds for your retirement.
The easiest, most reliable way to judge a mutual fund’s quality over time is by analyzing its performance, diversification, and fees. Our Zacks Rank covers over 19,000 mutual funds has helped us identify three outstanding options that are perfect for any long-term investors’ portfolios that is retirement-focused.
Here are the funds that have achieved the #1 (Strong Buy) Zacks Rank and have low fees.
Polen Growth Fund Retail (POLRX): 1.23% expense ratio and 0.85% management fee. POLRX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. POLRX has achieved five-year annual returns of an astounding 17.35%.
JPMorgan US Equity Fund R2 (JUEZX): 1.19% expense ratio and 0.4% management fee. JUEZX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a “buy and hold” mindset. JUEZX, with annual returns of 10.19% over the last five years, is a well-diversified fund with a long track record of success.
Fidelity Select Electronics (FSELX) is an attractive large-cap allocation. FSELX is a Sector – Tech mutual fund, allowing investors to own a stake in a notoriously volatile sector with a much more diversified approach. FSELX has an expense ratio of 0.71%, management fee of 0.54%, and annual returns of 20.95% 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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