Mutual funds offer investors a chance to own shares in dozens of companies, as well as bonds, government securities, and other investments. They provide diversification and professional management, making them an attractive option for retirement investing. However, with so many mutual funds available, it can be overwhelming to choose which one to invest in. In this article, we'll explore some of the top-ranked and well-managed mutual funds to help you maximize your retirement portfolio returns.
Janus mutual funds offer investors a diverse range of investment opportunities. With a reputation for delivering consistent returns and a focus on long-term growth, Janus funds have been a popular choice for retirement investors. Some of their top-performing funds include the Janus Henderson Global Technology Fund (JAGTX), Janus Henderson Global Life Sciences Fund (JFNAX), and Janus Henderson Balanced Fund (JABAX).
Standard & Poor's 500 index funds are among today's most popular investments. The S&P 500 index on which these funds are based includes the 500 largest companies in the United States, making it a diversified and stable investment option. Some of the top-performing S&P 500 index funds include the Vanguard 500 Index Fund (VFIAX), Fidelity 500 Index Fund (FXAIX), and Schwab S&P 500 Index Fund (SWPPX).
TheStreet Ratings' mutual fund rating model compiles and examines financial data on a monthly basis to gauge a mutual fund's risk-adjusted performance. Their top-rated funds include the T. Rowe Price Blue Chip Growth Fund (TRBCX), Vanguard Health Care Fund (VGHCX), and Fidelity Contrafund (FCNTX).
If you're looking for the top mutual funds based on their five-year performance, some of the best U.S. equity stock funds include the T. Rowe Price Blue Chip Growth Fund (TRBCX), Fidelity Contrafund (FCNTX), and Fidelity Growth Company Fund (FDGRX). For international equity funds, consider the T. Rowe Price International Discovery Fund (PRIDX), Vanguard International Growth Fund (VWIGX), and Fidelity International Growth Fund (FIGFX).
According to a chart showing the industry's biggest brands, the global net assets of mutual fund and ETF providers totaled $38 trillion in 2022. Some of the biggest brands included BlackRock, Vanguard Group, and State Street Global Advisors.
Our listing of the best mutual funds sticks to U.S. and international equity funds, plus one allocation fund and one short-term bond fund. Some of the top-performing funds on our list include the T. Rowe Price Blue Chip Growth Fund (TRBCX), Fidelity Contrafund (FCNTX), and T. Rowe Price International Discovery Fund (PRIDX).
Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to make informed decisions. The Zacks Rank rates mutual funds on a scale of 1 to 5, with 1 being the highest rank. Some of the top-ranked mutual funds based on the Zacks Rank include the T. Rowe Price Blue Chip Growth Fund (TRBCX), Fidelity Contrafund (FCNTX), and Vanguard Health Care Fund (VGHCX).
Overall, it's important to do your own research and consult with a financial advisor before making any investment decisions. By investing in top-ranked, well-managed mutual funds, you can maximize your retirement portfolio returns and achieve your long-term financial goals.
