Back to top

Image: Bigstock

3 Top-Ranked Mutual Funds for Your Retirement

Read MoreHide Full Article

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

Fidelity Global Commodity Stock Fund (FFGCX - Free Report) has a 0.94% expense ratio and 0.67% management fee. FFGCX is a Global - Equity mutual fund investing in bigger markets like the U.S., Europe, and Japan; these kinds of funds aren't limited by geography. With yearly returns of 10.53% over the last five years, this fund clearly wins.

JPMorgan Large Cap Growth R2 (JLGZX - Free Report) : 1.19% expense ratio and 0.45% management fee. JLGZX 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. JLGZX, with annual returns of 13.41% over the last five years, is a well-diversified fund with a long track record of success.

Manning & Napier Pro-Blend Max Term I (MNHIX - Free Report) : 0.85% expense ratio and 0.6% management fee. MNHIX is classified as an Allocation Balanced fund, which seeks to invest in a balance of asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual. With a five-year annual return of 13.03%, 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.

Published in