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Make the Most of Your Retirement with These Top-Ranked Mutual Funds

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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 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.

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

Eaton Vance Focused Value Opportunity I (EIFVX - Free Report) : 0.8% expense ratio and 0.65% management fee. EIFVX is a part of the Large Cap Value category, and invests in equities with a market capitalization of $10 billion or more, but whose share prices do not reflect their intrinsic value. EIFVX has achieved five-year annual returns of an astounding 11.51%.

T. Rowe Price Capital Opportunity A (PACOX - Free Report) : 0.86% expense ratio and 0.32% management fee. PACOX is classified as a Large Cap Blend fund. More often than not, Large Cap Blend mutual funds invest in companies with a market cap of over $10 billion. Buying stakes in bigger companies offer these funds more stability, and are well-suited for investors with a "buy and hold" mindset. With yearly returns of 12.57% over the last five years, PACOX is an effectively diversified fund with a long reputation of solidly positive performance.

JPMorgan Large Cap Growth I (SEEGX - Free Report) . Expense ratio: 0.69%. Management fee: 0.45%. Five year annual return: 18.2%. SEEGX is a part of the Large Cap Growth mutual fund category, which invest in many large U.S. companies that are expected to grow much faster compared to other large-cap stocks.

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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