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3 Great Mutual Fund Picks for Your Retirement - January 17, 2020

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The funds in our "Magnificent Retirement Mutual Funds" list are among the best managed and best performing mutual funds available. If you are just finding out about our Top-Ranked Funds list, we welcome you!

The easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Our Zacks Rank covers over 19,000 mutual funds has helped us identify three outstanding options that are perfect for any long-term investors' portfolios that is retirement-focused.

Let's take a look at some of the highest Zacks Ranked mutual funds with the lowest fees.

Fidelity Series Growth Company (FCGSX - Free Report) : 0.01% expense ratio and 0% management fee. FCGSX 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. FCGSX has achieved five-year annual returns of an astounding 16.18%.

Principal Capital Appreciation R5 (PCAQX - Free Report) is a stand out amongst its peers. PCAQX 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. With five-year annualized performance of 11.44%, expense ratio of 0.75% and management fee of 0.47%, this diversified fund is an attractive buy with a strong history of performance.

JPMorgan Small Cap Growth Fund R2 (JSGZX - Free Report) is an attractive large-cap allocation. JSGZX is a Small Cap Growth mutual fund building their portfolio around stocks with market caps under $2 billion and large growth opportunities. JSGZX has an expense ratio of 1.49%, management fee of 0.65%, and annual returns of 13.92% over the past 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.

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.

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