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Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio? - December 30, 2019

Zacks Equity Research

The funds in our "Magnificent Retirement Mutual Funds" list are among the best managed and best performing mutual funds available. If you are just finding out about our Top-Ranked Funds list, we welcome you!

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.

Let's take a look at some of the highest Zacks Ranked mutual funds with the lowest fees.

Eagle Mid Cap Growth R5 (HARSX): 0.74% expense ratio and 0.52% management fee. HARSX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. HARSX has achieved five-year annual returns of an astounding 11.78%.

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MainStay Large Cap Growth R1 (MLRRX). Expense ratio: 0.84%. Management fee: 0.62%. MLRRX 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. This fund has managed to produce a robust 12.84% over the last five years.

AMG Frontier Small Cap Growth I (MSSCX) is an attractive large-cap allocation. MSSCX is a Small Cap Growth mutual fund and tends to feature small companies in up-and-coming industries and markets. MSSCX has an expense ratio of 0.96%, management fee of 0.7%, and annual returns of 10.05% over the past five years.

So, there you have it - if your advisor has you invested in any of our "Magnificent Retirement Mutual Funds," they are certainly earning their keep. If not, you may want to look elsewhere.

Do You Know the Top 9 Retirement Investing Mistakes?

Investing in underperforming mutual funds is just one of the key errors that can derail your retirement plans.

To learn more, read our just-released report: 9 Retirement Mistakes You Need to Avoid.


This report can help you sidestep these costly mistakes and potentially achieve your retirement goals. Get Your FREE Guide Now
 
Get Your Free (HARSX): Fund Analysis Report
 
Get Your Free (MSSCX): Fund Analysis Report
 
Get Your Free (MLRRX): Fund Analysis Report
 
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