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Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?- January 08, 2020

Zacks Equity Research

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.

Transamerica US Growth T (TWMTX): 0.82% expense ratio and 0.7% management fee. TWMTX 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. TWMTX has achieved five-year annual returns of an astounding 10.67%.

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Emerald Growth Fund Institutional (FGROX). Expense ratio: 0.69%. Management fee: 0.56%. FGROX is a Small Cap Growth mutual fund and tends to feature small companies in up-and-coming industries and markets. This fund has managed to produce a robust 10.21% over the last five years.

T. Rowe Price Diversified Mid Cap Growth (PRDMX): 0.8% expense ratio and 0.64% management fee. PRDMX 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 11.43%, this fund is a well-diversified fund with a long track record of success.

There you have it. If your financial advisor had you put your money into any of our "Magnificent Retirement Mutual Funds," then they've got you covered. If not, you may need to 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 (FGROX): Fund Analysis Report
 
Get Your Free (PRDMX): Fund Analysis Report
 
Get Your Free (TWMTX): Fund Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research