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

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.

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

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