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Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio?

Zacks Equity Research
·2 min read

There is never a wrong time to invest 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.

How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using the Zacks Mutual Fund Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.

DFA US Small Cap Growth Institutional (DSCGX): 0.32% expense ratio and 0.28% management fee. DSCGX is a Small Cap Growth mutual fund and tends to feature small companies in up-and-coming industries and markets. With annual returns of 13.07% over the last five years, this fund is a winner.

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Neuberger Berman Mid Cap Growth R3 (NMGRX) is a stand out amongst its peers. NMGRX 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. With five-year annualized performance of 10.73%, expense ratio of 1.32% and management fee of 0.75%, this diversified fund is an attractive buy with a strong history of performance.

Transamerica Large Value Opps R4 (TLOFX): 0.75% expense ratio and 0.45% management fee. TLOFX is a Large Cap Value mutual fund, which invests in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 11% over the last five years.

These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.

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Zacks Investment Research