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T ROWE PRICE NEW HORIZONS I (PRJIX) - free report >>
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T ROWE PRICE NEW HORIZONS I (PRJIX) - free report >>
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3 Great Mutual Fund Picks for Your Retirement
There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.
The easiest way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund 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 take a look at some of our top-ranked mutual funds with the lowest fees.
JPMorgan Large Cap Growth R5 (JLGRX - Free Report) : 0.54% expense ratio and 0.45% management fee. JLGRX 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 15.7% over the last five years, this fund is a winner.
Oak Ridge Dividend Growth I (ORDNX - Free Report) . Expense ratio: 0.99%. Management fee: 0.75%. ORDNX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a "buy and hold" mindset. This fund has managed to produce a robust 10.01% over the last five years.
T. Rowe Price New Horizons I (PRJIX - Free Report) is an attractive large-cap allocation. PRJIX is one of many Small Cap Growth mutual funds; these funds tend to create their portfolios around stocks with market capitalization of less than $2 billion. PRJIX has an expense ratio of 0.65%, management fee of 0.63%, and annual returns of 10.89% over the past five years.
We hope that your investment advisor (if you use one) has you invested in one or all of the top-ranked mutual funds we've reviewed. But if that isn't the case, it might be time to have a conversation or reconsider this vitally important relationship.