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3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio - February 20, 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.

Here are the funds that have achieved the #1 (Strong Buy) Zacks Rank and have low fees.

Fidelity Series Growth Company (FCGSX - Free Report) has a 0.01% expense ratio and 0% management fee. FCGSX is a Large Cap Growth mutual fund, and these funds invest in many large U.S. firms that are projected to grow at a faster rate than their large-cap peers. With yearly returns of 16.18% over the last five years, this fund clearly wins.

Nicholas Limited Edition (NCLEX - Free Report) . Expense ratio: 0.87%. Management fee: 0.75%. NCLEX is a Small Cap Blend mutual fund, and usually targets stocks with market caps of less than $2 billion, letting investors diversify their funds among other kinds of small-cap equities. This fund has managed to produce a robust 10.77% over the last five years.

AQR Large Cap Defensive Style R6 (QUERX - Free Report) is an attractive large-cap allocation. QUERX 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. QUERX has an expense ratio of 0.3%, management fee of 0.25%, and annual returns of 13.51% 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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