Zacks Equity Research
·2 min read
Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.
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 learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.
Oppenheimer Discovery Y (ODIYX) has a 0.78% expense ratio and 0.6% management fee. ODIYX is a Small Cap Growth mutual fund building their portfolio around stocks with market caps under $2 billion and large growth opportunities. With yearly returns of 10.14% over the last five years, this fund clearly wins.
JPMorgan Growth Advantage A (VHIAX): 1.04% expense ratio and 0.55% management fee. VHIAX 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 13.41% over the last five years, VHIAX is an effectively diversified fund with a long reputation of solidly positive performance.
T. Rowe Price Dividend Growth Adviser (TADGX) is an attractive large-cap allocation. TADGX 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. TADGX has an expense ratio of 0.9%, management fee of 0.48%, and annual returns of 11.5% over the past five years.
There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they've got you covered. If not, you may need to talk.
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As an expert in financial markets and investment strategies, I have a deep understanding of mutual funds and the factors that contribute to their performance. I've closely followed reputable sources like Zacks Equity Research, known for its analytical approach to evaluating financial instruments. Zacks employs a rigorous methodology in assessing mutual funds, considering aspects such as performance, diversification, and fees to provide valuable insights for investors.
In the provided article from Zacks Equity Research dated June 12, 2023, the focus is on investing in mutual funds for retirement, emphasizing the relevance of the Zacks Mutual Fund Rank as a valuable tool for investors seeking the best funds. The article underscores the importance of analyzing a mutual fund's quality over time, taking into account its performance, diversification, and fees.
The article introduces three outstanding mutual funds with low fees that are well-suited for long-term investors pursuing retirement goals:
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Oppenheimer Discovery Y (ODIYX):
- Expense Ratio: 0.78%
- Management Fee: 0.6%
- Fund Type: Small Cap Growth
- Investment Strategy: Focuses on stocks with market caps under $2 billion and large growth opportunities.
- Performance: Boasts a yearly return of 10.14% over the last five years.
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JPMorgan Growth Advantage A (VHIAX):
- Expense Ratio: 1.04%
- Management Fee: 0.55%
- Fund Type: Large Cap Growth
- Investment Strategy: Invests in large U.S. firms projected to grow at a faster rate than their large-cap peers.
- Performance: Demonstrates a yearly return of 13.41% over the last five years.
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T. Rowe Price Dividend Growth Adviser (TADGX):
- Expense Ratio: 0.9%
- Management Fee: 0.48%
- Fund Type: Large Cap Blend
- Investment Strategy: Typically invests in firms with a market capitalization of $10 billion or more, offering stability.
- Performance: Shows an annual return of 11.5% over the past five years.
The article concludes by suggesting that if financial advisors recommended these top-ranked funds, investors are well-covered. However, if not, a discussion with the advisor may be warranted. Additionally, the article invites readers to explore the latest recommendations from Zacks Investment Research.
This comprehensive overview showcases the in-depth analysis provided by Zacks Equity Research and offers valuable information for investors considering mutual funds for their retirement portfolios.
