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3 Magnificent Mutual Funds to Maximize 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 best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.

Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.

If you are looking to diversify your portfolio, consider Fidelity Large Cap Stock Fund (FLCSX - Free Report) . FLCSX 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. This fund is a winner, boasting an expense ratio of 0.68%, management fee of 0.36%, and a five-year annualized return track record of 10.77%.

GMO U.S. Equity Allocation Fund ClIII (GMUEX - Free Report) : 0.47% expense ratio and 0.46% management fee. GMUEX 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. GMUEX, with annual returns of 10.74% over the last five years, is a well-diversified fund with a long track record of success.

Janus Henderson Global Life Science T (JAGLX - Free Report) : 0.91% expense ratio and 0.64% management fee. JAGLX is part of the Sector - Health category, offering investors a focus on the healthcare industry, one of the largest sectors in the American economy. With a five-year annual return of 11.59%, this fund is a well-diversified fund with a long track record of success.

We hope that your investment advisor (if you use one) has you invested in one or all of the top-ranked mutual funds we've reviewed. But if that isn't the case, it might be time to have a conversation or reconsider this vitally important relationship.


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Janus Henderson Global Life Sci T (JAGLX) - free report >>

Fidelity Large Cap Stock Fund (FLCSX) - free report >>

GMO U.S. Equity III (GMUEX) - free report >>

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