Some of the typically highest rated funds include Vanguard, Fidelity, and Loomis. The ratings of funds can vary depending on how aggressive or safe of an investment someone wants to make, as stated by The Street publication.
The higher a risk an investment is, the more it can influence the rating that the funds are given. The fund may be a very high quality fund, but it could be extremely risky giving it a lower overall rating. Investors should look closely at why a fund was ranked low because it can be easy to pass up a good fund because of its risk level. Investing in a mix of solid, high-interest paying funds is a sound investment, as recommended by Kiplinger.