Explore three highly-rated mutual funds that can enhance your retirement portfolio and help secure your financial future
So, how do you spot a good mutual fund? It’s pretty simple: look for funds that are diversified, have low fees, and show strong performance. There are plenty of choices out there, but we’ve found three mutual funds that could be great for anyone looking to invest for the long haul.
Let’s dive into some of the top-ranked mutual funds with low fees. If you want to diversify your portfolio, check out Dreyfus Strategic Value Y (DRGYX). This fund focuses on large-cap value stocks, which means it invests in companies worth over $10 billion that are undervalued. With an expense ratio of just 0.63% and a five-year annualized return of 16%, it’s a solid pick.
Another great option is Northern Large Cap Core (NOLCX). This fund has an expense ratio of 0.45% and a management fee of 0.44%. It invests in large-cap blend stocks, which are typically stable and well-suited for long-term investors. Over the last five years, it has delivered yearly returns of 15.84%.
Lastly, consider WPG Partners Small/Micro Cap Value Fund (WPGTX). This fund focuses on smaller companies with market caps under $2 billion. It has a 1.1% expense ratio and a five-year annual return of 14.83%.
These examples show that there are some fantastic mutual funds out there. If your advisor has you in good ones, that’s awesome! If not, it might be time for a chat.
