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3 Great Mutual Fund Picks for Your Retirement - March 27, 2020

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If you're invested in any of the funds in our "Magnificent Retirement Mutual Funds" list, congratulations on owning some of the best managed and top-performing mutual funds. If you are lucky enough to discover our list of Top-Ranked Funds for the first time, it's never too late to start investing with the best, especially when it comes to your retirement.

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.

If you are looking to diversify your portfolio, consider T. Rowe Price Blue Chip Growth Fund (TRBCX - Free Report) . TRBCX 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. This fund is a winner, boasting an expense ratio of 0.69%, management fee of 0.56%, and a five-year annualized return track record of 13.95%.

Janus Henderson Enterprise R (JDMRX - Free Report) is a stand out amongst its peers. JDMRX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. With five-year annualized performance of 13.74%, expense ratio of 1.41% and management fee of 0.64%, this diversified fund is an attractive buy with a strong history of performance.

Putnam Global Technology Y (PGTYX - Free Report) : 0.91% expense ratio and 0.62% management fee. PGTYX is a Sector - Tech mutual fund, allowing investors to own a stake in a notoriously volatile sector with a much more diversified approach. With a five-year annual return of 20.42%, this fund is a well-diversified fund with a long track record of success.

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.

Do You Know the Top 9 Retirement Investing Mistakes?

Investing in underperforming mutual funds is just one of the key errors that can derail your retirement plans.

To learn more, read our just-released report: 9 Retirement Mistakes You Need to Avoid.


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Putnam Global Technology Y (PGTYX) - free report >>

T ROWE PRICE BLUE CHIP GROW (TRBCX) - free report >>

Janus Henderson Enterprise R (JDMRX) - free report >>

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