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Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?- March 27, 2020

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Our "Magnificent Retirement Mutual Funds" list includes some of the best managed and best performing funds around. If you're already invested in these, congratulations! But if you're just now discovering them, don't worry. When it comes to your retirement, it's never too late to start investing in the best.

How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using our Zacks Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

Let's learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.

Fidelity Select Electronics (FSELX - Free Report) : 0.73% expense ratio and 0.54% management fee. With a much more diversified approach, FSELX--part of the Sector - Tech mutual fund category--gives investors a way to own a stake in the notoriously risky tech sector. FSELX has achieved five-year annual returns of an astounding 20.21%.

JPMorgan Tax Aware Equity C : 1.44% expense ratio and 0.35% management fee. JPECX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a "buy and hold" mindset. JPECX, with annual returns of 10.44% over the last five years, is a well-diversified fund with a long track record of success.

MassMutual Select Mid Cap Growth Service Class (MEFYX - Free Report) : 0.91% expense ratio and 0.68% management fee. MEFYX 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 a five-year annual return of 12.78%, this fund is a well-diversified fund with a long track record of success.

These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.

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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