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3 Great Mutual Fund Picks for Your Retirement - July 01, 2020

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The funds in our "Magnificent Retirement Mutual Funds" list are some of the top-performing, best managed funds available. If you're already invested in them, congratulations! If you're not, don't worry - it's never too late to start getting the advantages of these outstanding funds for your retirement.

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.

If you are looking to diversify your portfolio, consider MFS Growth Fund I (MFEIX - Free Report) . MFEIX 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. This fund is a winner, boasting an expense ratio of 0.65%, management fee of 0.54%, and a five-year annualized return track record of 11.64%.

Putnam Global Technology C (PGTDX - Free Report) is a stand out amongst its peers. With a much more diversified approach, PGTDX--part of the Sector - Tech mutual fund category--gives investors a way to own a stake in the notoriously risky tech sector. With five-year annualized performance of 17.32%, expense ratio of 0.93% and management fee of 0.62%, this diversified fund is an attractive buy with a strong history of performance.

Polen Global Growth Instl (PGIIX - Free Report) : 1.1% expense ratio and 0.85% management fee. PGIIX is a Global - Equity mutual fund. These funds invest in large markets like the U.S., Europe, and Japan, and operate with very few geographical limitations. With a five-year annual return of 11.04%, 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.

In-Depth Zacks Research for the Tickers Above

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

MFS Growth Fund I (MFEIX) - free report >>

Putnam Global Technology C (PGTDX) - free report >>

Polen Global Growth Instl (PGIIX) - free report >>

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