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3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio - October 08, 2020

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Our "Magnificent Retirement Mutual Funds" list includes some of the best managed and best performing funds around. If you're already invested in these, congratulations! But if you're just now discovering them, don't worry. When it comes to your retirement, it's never too late to start investing in the best.

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.

Entrepreneur US Large Cap Institutional (IMPLX - Free Report) : 0.75% expense ratio and 0.65% management fee. IMPLX 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 annual returns of 13.9% over the last five years, this fund is a winner.

JPMorgan US Equity Fund R5 (JUSRX - Free Report) : 0.54% expense ratio and 0.4% management fee. JUSRX is classified as a Large Cap Blend fund. More often than not, Large Cap Blend mutual funds invest in companies with a market cap of over $10 billion. Buying stakes in bigger companies offer these funds more stability, and are well-suited for investors with a "buy and hold" mindset. JUSRX, with annual returns of 10.91% over the last five years, is a well-diversified fund with a long track record of success.

Franklin DynaTech Adviser (FDYZX - Free Report) : 0.58% expense ratio and 0.46% management fee. FDYZX 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 19.76%, 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.


In-Depth Zacks Research for the Tickers Above


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Franklin DynaTech Adv (FDYZX) - free report >>

ERShares US Large Cap Instl (IMPLX) - free report >>

JPMorgan US Equity R5 (JUSRX) - free report >>

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