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3 Strong Mutual Funds to Add to Your Retirement Portfolio Right Now September 28, 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 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.

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

If you are looking to diversify your portfolio, consider Baron Discovery Fund Retail Shares (BDFFX - Free Report) . BDFFX is an All Cap Growth mutual fund. In order to increase diversification, these funds have holdings across small, medium, and large-cap levels. This fund is a winner, boasting an expense ratio of 1.35%, management fee of 1%, and a five-year annualized return track record of 13.57%.

BMO Large-Cap Growth Fund A (BALGX - Free Report) is a stand out amongst its peers. BALGX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. With five-year annualized performance of 11.74%, expense ratio of 0.79% and management fee of 0.35%, this diversified fund is an attractive buy with a strong history of performance.

Victory Munder Small Cap Growth I (MIGSX - Free Report) : 1.15% expense ratio and 0.85% management fee. MIGSX is a Small Cap Growth mutual fund and tends to feature small companies in up-and-coming industries and markets. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 10.93% 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.

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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:

BMO LargeCap Growth A (BALGX) - free report >>

Baron Discovery Retail (BDFFX) - free report >>

Victory Munder Small Cap Growth I (MIGSX) - free report >>

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