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!
Great performance, diversification, and low fees: it's a pretty simple formula for a great mutual fund. Some are better than others, but utilizing our Zacks Rank, we have identified three mutual funds that would make great additions to long-term investors' portfolios.
Let's learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.
Principal Large Cap Growth I R3 (PPUMX): 1.16% expense ratio and 0.6% management fee. PPUMX is a Large Cap Growth mutual fund, and these funds invest in many large U.S. firms that are projected to grow at a faster rate than their large-cap peers. With annual returns of 11.92% over the last five years, this fund is a winner.
Neuberger Berman Mid Cap Growth Trust (NBMTX): 0.95% expense ratio and 0.9% management fee. NBMTX is a Mid Cap Growth mutual fund. These mutual funds choose companies with a stock market valuation between $2 billion and $10 billion. NBMTX, with annual returns of 10.76% over the last five years, is a well-diversified fund with a long track record of success.
DFA Tax-Managed US Equity (DTMEX). Expense ratio: 0.22%. Management fee: 0.2%. Five year annual return: 11.23%. DTMEX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a "buy and hold" mindset.
There you have it. If your financial advisor had you put your money into any of our "Magnificent Retirement Mutual Funds," then they've got you covered. If not, you may need to talk.
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