There is never a bad time to save for retirement with mutual funds. So, if you’re still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great tool.
The easiest way to figure out how good a mutual fund is over time is to look at its performance, diversity, and fees. Using the Zacks Mutual Fund Rank, which looks at more than 19,000 mutual funds, we’ve found three great mutual funds that are perfect for helping long-term investors reach their retirement investing goals.
Let’s look at some of Zacks’ top-rated mutual funds with low fees that you might want to think about.
The expense ratio for the DFA US High Relativity Profitability Index (DURPX) is 0.23%, and the management fee is 0.19%. DURPX is in the Large Cap Blend section. Mutual funds in this section usually invest in companies with a market value of $10 billion or more. By putting money into bigger companies, these funds are more stable and are often a good choice for investors who want to “buy and hold” their investments. Over the last five years, this fund has earned an average of 10.09% per year.
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The expense ratio for Fidelity Advisor Semiconductors A (FELAX) is 1.01%, and the management fee is 0.52%. FELAX is a sector-tech mutual fund that gives investors a much more diversified way to own a piece of a sector that is known for being very volatile. Over the last five years, FELAX has returned an average of 18.92% per year. It is a well-diversified fund with a long history of success.
MainStay Large Cap Growth R6 (MLRSX) is a good way to invest in large companies. MLRSX is a Large Cap Growth investment. These mutual funds buy shares in many large U.S. companies that are expected to grow and develop faster than other large-cap stocks. Over the past five years, MLRSX has had an expense ratio of 0.63%, a management fee of 0.61%, and annual returns of 9.81%.