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JPMORGAN US RES ENH EQUITY FD (JDEAX) - free report >>
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JPMORGAN US RES ENH EQUITY FD (JDEAX) - free report >>
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3 Great Mutual Fund Picks for Your Retirement
It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance.
The best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.
Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.
JPMorgan Disciplined Equity A (JDEAX - Free Report) : 0.6% expense ratio and 0.25% management fee. JDEAX 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. With annual returns of 11.6% over the last five years, this fund is a winner.
Janus Henderson Enterprise T (JAENX - Free Report) : 0.9% expense ratio and 0.64% management fee. JAENX 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 10.29% over the last five years, JAENX is an effectively diversified fund with a long reputation of solidly positive performance.
Fidelity Advisor Equity Growth I (EQPGX - Free Report) is an attractive large-cap allocation. EQPGX 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. EQPGX has an expense ratio of 0.71%, management fee of 0.53%, and annual returns of 13.72% over the past five years.
There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they've got you covered. If not, you may need to talk.