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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio- February 07, 2020

Zacks Equity Research
·2-min read

If you're invested in any of the funds in our "Magnificent Retirement Mutual Funds" list, congratulations on owning some of the best managed and top-performing mutual funds. If you are lucky enough to discover our list of Top-Ranked Funds for the first time, it's never too late to start investing with the best, especially when it comes to your retirement.

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.

Janus Henderson Research I (JRAIX) has a 0.62% expense ratio and 0.56% management fee. JRAIX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. With yearly returns of 12.28% over the last five years, this fund clearly wins.

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Dreyfus/Boston Small/Mid-Cap Growth A (DBMAX): 0.98% expense ratio and 0.6% management fee. DBMAX is a Mid Cap Growth mutual fund. These mutual funds choose companies with a stock market valuation between $2 billion and $10 billion. With yearly returns of 11.89% over the last five years, DBMAX is an effectively diversified fund with a long reputation of solidly positive performance.

BlackRock Advantage Large Cap Core I (MALRX). Expense ratio: 0.47%. Management fee: 0.43%. Five year annual return: 10.54%. MALRX 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.

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.


This report can help you sidestep these costly mistakes and potentially achieve your retirement goals. Get Your FREE Guide Now
 
Get Your Free (DBMAX): Fund Analysis Report
 
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Zacks Investment Research