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Boost Your Retirement Portfolio with These 3 Top Mutual Funds - September 10, 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.

How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using our Zacks Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

Let's learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.

Putnam Small Cap Growth R (PSGRX - Free Report) : 0.74% expense ratio and 0.65% management fee. PSGRX is a Small Cap Growth mutual fund building their portfolio around stocks with market caps under $2 billion and large growth opportunities. PSGRX has achieved five-year annual returns of an astounding 10.9%.

Principal Blue Chip Fund A (PBLAX - Free Report) : 0.93% expense ratio and 0.61% management fee. PBLAX 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. PBLAX, with annual returns of 15.88% over the last five years, is a well-diversified fund with a long track record of success.

Baron Discovery Fund Retail Shares (BDFFX - Free Report) : 1.35% expense ratio and 1% management fee. BDFFX is a Small Cap Growth mutual fund building their portfolio around stocks with market caps under $2 billion. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 13.57% over the last five years.

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.

In-Depth Zacks Research for the Tickers Above

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

Baron Discovery Retail (BDFFX) - free report >>

Putnam Small Cap Growth R (PSGRX) - free report >>

Principal Blue Chip A (PBLAX) - free report >>

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