Back to top

Image: Bigstock

3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio- March 12, 2020

Read MoreHide Full Article

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!

Great performance, diversification, and low fees: it's a pretty simple formula for a great mutual fund. Some are better than others, but utilizing our Zacks Rank, we have identified three mutual funds that would make great additions to long-term investors' portfolios.

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

Fidelity Blue Chip Growth (FBGRX - Free Report) : 0.8% expense ratio and 0.64% management fee. FBGRX 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 annual returns of 14.65% over the last five years, this fund is a winner.

T. Rowe Price Cap Opportunity (PRCOX - Free Report) : 0.66% expense ratio and 0.49% management fee. PRCOX 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 yearly returns of 12.13% over the last five years, PRCOX is an effectively diversified fund with a long reputation of solidly positive performance.

Congress Mid Cap Growth Institutional (IMIDX - Free Report) is an attractive large-cap allocation. IMIDX 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. IMIDX has an expense ratio of 0.83%, management fee of 0.6%, and annual returns of 10.93% 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.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


FIDELITY BLUE CHIP GR FUND (FBGRX) - free report >>

T. Rowe Price US Equity Research (PRCOX) - free report >>

Congress Mid Cap Growth Instl (IMIDX) - free report >>

Published in