3 Best JP Morgan Mutual Funds to Invest In
JPMorgan is a well-known financial management company in the world. The company has pioneered the introduction of innovative, inflation-protected municipal products. Its primary principle is to understand the needs of its clients and advice the best investment solutions for surplus returns.
It has a legacy of investment management since 1865. Also, JPMorgan is the eighth-largest mutual fund firm in the U.S. and prides itself as the nation’s leader in equity fund flows. JPMorgan offers managed accounts and retirement products.
Below we share with you three top-ranked JPMorgan mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of JPMorgan funds.
JPMorgan Dynamic Growth R5 DGFRX seeks appreciation of capital for the long run. DGFRX invests a bulk of its assets in equity securities of those large-cap companies, which are included on the Russell 1000 Growth Index. The fund not only invests in both U.S. but also in non-U.S. companies. JPMorgan Dynamic Growth R5 has returned 25.4% in the last one-year period.
DGFRX has an expense ratio of 0.74% compared with the category average of 1.14%.
JPMorgan Disciplined Equity A JDEAX invests a large portion of its assets in equity securities. JDEAX invests in common stocks of domestic companies having market capitalization similar to those listed on the S&P 500 Index. JDEAX distributes dividends and capital gains, if any, on a quarterly basis. JPMorgan Disciplined Equity A has returned 16.6% in the last one-year period.
As of June 2017, JDEAX held 207 issues, with 3.84% of its assets invested in Apple Inc.
JPMorgan Intrepid GrowthFund A JIGAX seeks to offer growth of capital for the long run. JIGAX invests primarily in a broad portfolio of equity securities of large- and mid-capitalization companies that have attractive valuations. JPMorgan Intrepid Growth Fund A has returned 19.4% in the last one-year period.
Jason Alonzo is one of the fund managers of JIGAX since 2005.
To view the Zacks Rank and past performance of all JPMorgan mutual funds, investors can click here to see the complete list of JPMorgan funds.
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