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

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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.

Janus Henderson Global Life Science I (JFNIX - Free Report) has a 0.76% expense ratio and 0.64% management fee. JFNIX 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 yearly returns of 10.36% over the last five years, this fund clearly wins.

JPMorgan US Equity Fund L (JMUEX - Free Report) : 0.54% expense ratio and 0.4% management fee. JMUEX 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. JMUEX, with annual returns of 11% over the last five years, is a well-diversified fund with a long track record of success.

MFS Mass Investors Growth Stock R2 (MIRGX - Free Report) : 0.96% expense ratio and 0.33% management fee. MIRGX 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. With a five-year annual return of 11.43%, this fund is a well-diversified fund with a long track record of success.

These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.

See More Zacks Research for These Tickers

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MFS Mass Investors Gr Stk R2 (MIRGX) - free report >>

JPMorgan US Equity L (JMUEX) - free report >>

Janus Henderson Global Life Sci I (JFNIX) - free report >>

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