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Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio?

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There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.

The easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. The Zacks Mutual Fund Rank, which covers over 19,000 mutual funds, has helped us identify three outstanding options that are perfect for any long-term investors' portfolios that is retirement-focused.

Let's take a look at some of our top-ranked mutual funds with the lowest fees.

Fidelity Select Semiconductors (FSELX - Free Report) : 0.69% expense ratio and 0.53% management fee. FSELX is a Sector - Tech mutual fund, allowing investors to own a stake in a notoriously volatile sector with a much more diversified approach. FSELX has achieved five-year annual returns of an astounding 27.61%.

Voya Growth & Income Portfolio A (IAVGX - Free Report) is a stand out amongst its peers. IAVGX 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. With five-year annualized performance of 11.25%, expense ratio of 1.11% and management fee of 0.6%, this diversified fund is an attractive buy with a strong history of performance.

MFS Growth Fund R2 (MEGRX - Free Report) . Expense ratio: 1.1%. Management fee: 0.49%. Five year annual return: 10.52%. MEGRX 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.

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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Fidelity Select Semiconductors (FSELX) - free report >>

Voya Growth & Income Port A (IAVGX) - free report >>

MFS Growth R2 (MEGRX) - free report >>

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