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3 Great Mutual Fund Picks for Your Retirement - September 04, 2020

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The funds in our "Magnificent Retirement Mutual Funds" list are some of the top-performing, best managed funds available. If you're already invested in them, congratulations! If you're not, don't worry - it's never too late to start getting the advantages of these outstanding funds for your retirement.

The easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Our Zacks Rank covers over 19,000 mutual funds has helped us identify three outstanding options that are perfect for any long-term investors' portfolios that is retirement-focused.

Here are the funds that have achieved the #1 (Strong Buy) Zacks Rank and have low fees.

Principal Large Cap Growth I R1 (PCRSX - Free Report) : 1.47% expense ratio and 0.6% management fee. PCRSX 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. PCRSX has achieved five-year annual returns of an astounding 12.49%.

VY T. Rowe Price Diversified Mid Cap Growth Service Class (IAXSX - Free Report) : 1.02% expense ratio and 0.74% management fee. IAXSX is a Mid Cap Growth mutual fund. Mid Cap Growth funds pick stocks--usually companies with a market cap between $2 billion and $10 billion--that demonstrate extensive growth opportunities for investors compared to their peers. With yearly returns of 11.51% over the last five years, IAXSX is an effectively diversified fund with a long reputation of solidly positive performance.

RBC Global Opportunities I (RGOIX - Free Report) : 0.86% expense ratio and 0.65% management fee. RGOIX is a Global - Equity mutual fund. These funds invest in large markets like the U.S., Europe, and Japan, and operate with very few geographical limitations. With a five-year annual return of 10.27%, this fund is a well-diversified fund with a long track record of success.

These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a 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.


See More Zacks Research for These Tickers


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VY T. Rowe Price Divrs MdCapGr S (IAXSX) - free report >>

Principal LgCp Gr I R1 (PCRSX) - free report >>

RBC Global Opportunities I (RGOIX) - free report >>

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