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Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?- January 07, 2020

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If you're invested in any of the funds in our "Magnificent Retirement Mutual Funds" list, congratulations on owning some of the best managed and top-performing mutual funds. If you are lucky enough to discover our list of Top-Ranked Funds for the first time, it's never too late to start investing with the best, especially when it comes to 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.

Let's break down some of the mutual funds with the highest Zacks Rank and the lowest fees.

Neuberger Berman Mid Cap Growth R6 (NRMGX): 0.61% expense ratio and 0.55% management fee. NRMGX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. With annual returns of 10.54% over the last five years, this fund is a winner.

Walden Small Cap Innovations (WASOX) is a stand out amongst its peers. WASOX is an All Cap Growth mutual fund investing in a wide variety of equities, no matter the size of the company and as long as the firm exhibits growth characteristics. With five-year annualized performance of 10.43%, expense ratio of 1% and management fee of 0.75%, this diversified fund is an attractive buy with a strong history of performance.

Principal Large Cap Growth I R4 (PPUSX - Free Report) : 0.97% expense ratio and 0.6% management fee. PPUSX is a part of the Large Cap Growth mutual fund category, which invest in many large U.S. companies that are expected to grow much faster compared to other large-cap stocks. With a five-year annual return of 11.17%, 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.

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To learn more, read our just-released report: 9 Retirement Mistakes You Need to Avoid.


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