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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.

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.

Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.

VY T. Rowe Price Diversified Mid Cap Growth Investor (IAXIX - Free Report) has a 0.78% expense ratio and 0.74% management fee. IAXIX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. With yearly returns of 8.61% 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 12.31% over the last five years, is a well-diversified fund with a long track record of success.

MFS Growth Fund I (MFEIX - Free Report) : 0.6% expense ratio and 0.49% management fee. MFEIX 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 11.07%, 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

Normally $25 each - click below to receive one report FREE:

VY T. Rowe Price Divrs MdCapGr I (IAXIX) - free report >>

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

MFS Growth I (MFEIX) - free report >>

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