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Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?

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It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance.

How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using the Zacks Mutual Fund Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.

BNY Mellon Natural Resources A (DNLAX - Free Report) : 1.14% expense ratio and 0.75% management fee. DNLAX is classified as a Sector - Energy mutual fund. Throughout the massive global energy sector, these funds hold a wide range of quickly changing and vitally important industries. DNLAX has achieved five-year annual returns of an astounding 16.53%.

Fidelity Advisor Semiconductors I (FELIX - Free Report) is a stand out amongst its peers. FELIX is part of the Sector - Tech mutual fund category that invests in technology and lets investors own a stake in a notoriously volatile sector, but with a much more diversified approach. With five-year annualized performance of 19.02%, expense ratio of 0.74% and management fee of 0.52%, this diversified fund is an attractive buy with a strong history of performance.

MFS Mass Investors Growth Stock R4 (MIGKX - Free Report) : 0.46% expense ratio and 0.33% management fee. MIGKX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. With a five-year annual return of 13.65%, this fund is a well-diversified fund with a long track record of success.

There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they've got you covered. If not, you may need to talk.

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