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You can always go wrong investing 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 easiest way to judge the quality of a mutual fund over the long term is to analyze its performance, variance, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we’ve identified his three great mutual funds that are best suited for long-term investors to pursue and achieve their retirement investment goals.
Let’s take a closer look at some of the mutual funds with the top Zacks Mutual Fund Rank and lowest fees.
If you want to diversify your portfolio, consider the following: Invesco Discovery A (OPOCX – free report). OPOCX is a small-cap growth mutual fund that tends to feature smaller companies in promising industries and markets. This fund is a winning fund with an expense ratio of 1.03%, a management fee of 0.6%, and an annual return of 11.24% over five years.
Congressional Large Cap Growth Fund (CAMLX – Free Report): Expense ratio 0.94%, management fee 0.5%. CAMLX is a large-cap growth mutual fund, and these funds invest in many large U.S. companies that are expected to grow faster than their large-cap peers. With an annualized return of 15.86% over the past five years, CAMLX is an effectively diversified fund with a long-standing reputation for solid performance.
Eagle MLP Strategy I (Egrix – free report). Expense ratio: 1.41%. Management fee: 1.25%. 5-year annual return: 10.92%. EGLIX is a sector-energy investment trust with broad coverage of highly volatile and vitally important industries across this huge global sector.
There it is. If your financial advisor asks you to invest your money in one of our top-ranked funds, they have you covered. If not, we may need to talk.
Zacks named it a “Double Best Single Pick”
From thousands of stocks, 5 Zacks experts have each selected their favorite stocks to soar +100% or more in the coming months. From these five, Research Director Sheraz Her Mian will handpick the one that will bring you the most explosive returns.
The company is a little-known chemical company, and despite a 65% increase over last year, it’s still very cheap. With continued demand, soaring 2022 profit estimates and $1.5 billion in stock buybacks, retail investors could jump in at any time.
Does this company stack up against other stocks that have recently seen their Zacks stock double, like Boston Beer Company, which has soared +143.0% in less than 9 months, and NVIDIA, which has soared +175.9% in one year? , or may exceed.
Free: See the top stocks and 4 runners-up >>
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