3 Top-Ranked Mutual Funds for Your Retirement

There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.

The best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.

Let's take a look at some of our top-ranked mutual funds with the lowest fees.

T. Rowe Price Blue Chip Growth I (TBCIX): 0.57% expense ratio and 0.55% management fee. TBCIX 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. TBCIX has achieved five-year annual returns of an astounding 12.36%.

Emerald Growth Fund A (HSPGX): 1.02% expense ratio and 0.61% management fee. HSPGX is one of many Small Cap Growth mutual funds; these funds tend to create their portfolios around stocks with market capitalization of less than $2 billion. HSPGX, with annual returns of 10.11% over the last five years, is a well-diversified fund with a long track record of success.

JPMorgan US Value R4 (JGRUX) is an attractive large-cap allocation. JGRUX is a part of the Large Cap Value category, and invests in equities with a market capitalization of $10 billion or more, but whose share prices do not reflect their intrinsic value. JGRUX has an expense ratio of 0.69%, management fee of 0.4%, and annual returns of 12.75% over the past five years.

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.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

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