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3 Great Mutual Fund Picks for Your Retirement - August 12, 2020

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The funds in our "Magnificent Retirement Mutual Funds" list are among the best managed and best performing mutual funds available. If you are just finding out about our Top-Ranked Funds list, we welcome you!

The easiest way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using our Zacks Rank of over 19,000 mutual funds, we've identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.

Let's break down some of the mutual funds with the highest Zacks Rank and the lowest fees.

If you are looking to diversify your portfolio, consider JPMorgan Large Cap Growth R2 (JLGZX - Free Report) . JLGZX is a part of the Large Cap Growth mutual fund category, which invest in many large U.S. companies that are expected to grow much faster compared to other large-cap stocks. This fund is a winner, boasting an expense ratio of 1.19%, management fee of 0.45%, and a five-year annualized return track record of 17.46%.

Oppenheimer Discovery A (OPOCX - Free Report) : 1.08% expense ratio and 0.62% management fee. OPOCX is a Small Cap Growth mutual fund and tends to feature small companies in up-and-coming industries and markets. OPOCX, with annual returns of 11.64% over the last five years, is a well-diversified fund with a long track record of success.

Fidelity Advisor Semiconductors M (FELTX - Free Report) : 1.39% expense ratio and 0.54% management fee. With a much more diversified approach, FELTX--part of the Sector - Tech mutual fund category--gives investors a way to own a stake in the notoriously risky tech sector. With a five-year annual return of 20.61%, this fund is a well-diversified fund with a long track record of success.

So, there you have it - if your advisor has you invested in any of our "Magnificent Retirement Mutual Funds," they are certainly earning their keep. If not, you may want to look elsewhere.

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.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Fidelity Adv Semiconductors M (FELTX) - free report >>

JPMorgan Large Cap Growth R2 (JLGZX) - free report >>

Invesco Discovery A (OPOCX) - free report >>

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