[ad_1]
It’s never too late to invest in mutual funds for your retirement. So if you’re looking to invest in the best funds, the Zacks Mutual Fund Rank can provide valuable guidance.
The best way to shortlist a good mutual fund is to ensure solid performance, diversification, and low fees. While some are better than others, we’ve used the Zacks Mutual Fund Rank to identify three mutual funds that could definitely be added to your retirement portfolio.
Introducing a fund that has achieved a Zacks Mutual Fund Rank #1 (Strong Buy) and has low fees.
AB Lg Cap Growth Z (APGZX – Free Report) has an expense ratio of 0.51% and a management fee of 0.48%. APGZX is part of the large-cap growth mutual fund category, which invests in many large U.S. companies that are expected to grow much faster than other large-cap stocks. With an annualized return of 14.56% over the past five years, this fund is a clear winner.
Hennessy Cornerstone Midcap 30 Investor (HFMDX – Free Report): Expense ratio 1.36%, management fee 0.74%. HFMDX is a mid-cap blend mutual fund that typically features a portfolio that includes stocks of various styles and sizes, allowing for diversification within a strategy focused on mid-cap companies. With an annualized return of 15.84% over the past five years, HFMDX is an effectively diversified fund with a long-standing reputation for solid performance.
Fidelity Convertible Bond (FCVSX – free report). Expense ratio: 0.74%. Management fee: 0.55%. 5-year annual return: 11.62%. FCVSX is a convertible bond mutual fund, and these funds are unique in the fixed income world. These securities have elements of both debt and equity, making them hybrid securities.
We hope your investment advisor (if you use one) invests in one or all of the top-ranked mutual funds we reviewed. But if not, it may be time to have a conversation or reconsider this all-important relationship.
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 >>
[ad_2]
Source link
