Top 3 Mutual Funds for Retirement – Jul 7, 2023


You can never go wrong with investing in retirement mutual funds. So, if you’re still looking for the best mutual funds, Zacks Mutual Fund Rank could be a great guide.

The best way to shortlist a good mutual fund is to ensure solid performance, diversification and low fees. While some are better than others, he used Zachs Mutual Fund Ranks to identify three mutual funds that could be a sure addition to his retirement portfolio.

Learn about some of the low-fee Zachs top-ranked mutual funds you might want to consider.

If you want to diversify your portfolio, consider: Victory Sycamore Established Value I (bevix free report). VEVIX is a mid-cap value mutual fund targeting mid-market companies with market caps between $2 billion and $10 billion. This fund is a winning fund with an expense ratio of 0.58%, a management fee of 0.45%, and an annual return of 9.19% over 5 years.

Dreyfus Foundation (dreb x free report). Expense ratio: 0.71%. Administration fee: 0.65%. DREVX is a large cap growth mutual fund, and these funds invest in many of the largest US companies expected to grow at a faster pace than their large cap peers. The fund has delivered a solid return of 12.75% over the past five years.

Principal increase R1 (PCAMX Free report): Expense ratio 1.32%, Administrative expenses 0.44%. PCAMX is a large cap blended fund focused on companies with a market capitalization of over $10 billion. These funds offer stability to investors and are perfect for those with a ‘buy and hold’ mindset. The fund is a well-diversified fund with a long track record of success, with a five-year annual return of 10.61%.

We hope that your investment advisor (if you have one) invests in one or all of the top-ranked mutual funds we’ve reviewed. But if not, it may be time to talk it over or rethink this pivotal relationship.

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