Top 5 JP Morgan Mutual Funds - Best of Fund Family

With more than $1.3 trillion worth of assets under management, JPMorgan is renowned as one of the world's leading financial management companies. The company is also the fourth-largest mutual fund firm in the U.S. and manages over 100 mutual funds. It prides itself on being the leading provider of market neutral funds in the domestic market. JP Morgan also offers managed accounts and retirement products. The company has pioneered the introduction of innovative, inflation-protected municipal products.

Below we will share with you 5 top rated JPMorgan funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all JPMorgan funds, then click here.

JPMorgan Intrepid International A (JFTAX) seeks capital appreciation over the long term. The fund focuses on acquiring equity securities from foreign mature markets. It may also invest to a lesser degree in emerging markets. The fund returned 35.16% over the last one year period.

The JPMorgan mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.50% compared to a category average of 1.35%.

JPMorgan Research Market Neutral A (JMNAX) invests in large and mid cap securities with features identical to those included in the Russell 1000 and the S&P 500 index. The fund takes in long and short positions in different instruments and aims to achieve returns higher than those of 90-day U.S. Treasury Bills. The fund has a five year annualized return of 3.11%.

As of June 2011, this fund held 275 issues, with 88.31% of its total assets invested in JPMorgan Cash & Cash Equivalents.

JPMorgan Intrepid Mid Cap A (PECAX) seeks capital growth over the long term. At least 80% of its assets are used to purchases equity securities of mid cap companies. These include common and preferred stocks, rights, warrants and convertible securities. The fund returned 37.5% over the last one year period.

Christopher T. Blum is the fund manager and he has managed this JPMorgan fund since 2008.

JPMorgan US Real Estate A (SUSIX) invests the majority of its assets in securities of publicly traded companies located in the U.S. At least 25% of its assets are invested in industries in the real estate sector. Not more than 20% of its assets may be invested in debt securities rated investment grade and cash and cash equivalents. The fund has a ten year annualized return of 10.07%.

The JPMorgan mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.17% compared to a category average of 1.45%.

JPMorgan Mid Cap Growth A (OSGIX)seeks capital appreciation with a secondary objective of current income. A large proportion of the fund's assets are utilized to purchase common and convertible preferred stocks as well as debt issued by mid-cap firms. The fund returned 42.6% over the last one year period.

Timothy Mark Parton is the fund manager and he has managed this JPMorgan fund since 2004.

To view the Zacks Rank and past performance of all JPMorgan funds, then click here.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.