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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio

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Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.

The easiest way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we've identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.

Let's learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.

Voya Growth & Income Portfolio S (ISVGX - Free Report) : 0.86% expense ratio and 0.6% management fee. ISVGX 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. ISVGX has achieved five-year annual returns of an astounding 11.47%.

Janus Henderson Enterprise R (JDMRX - Free Report) : 1.4% expense ratio and 0.64% management fee. JDMRX 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. JDMRX, with annual returns of 10.71% over the last five years, is a well-diversified fund with a long track record of success.

MFS Mass Investors Growth Stock A (MIGFX - Free Report) . Expense ratio: 0.71%. Management fee: 0.33%. Five year annual return: 14.34%. MIGFX 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.

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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