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

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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 easiest way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we've identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.

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

Fidelity Advisor Balanced Fund Z (FZAAX - Free Report) : 0.44% expense ratio and 0.38% management fee. FZAAX is an Allocation Balanced mutual fund. Allocation Balanced funds look to invest across asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual; these funds are mostly categorized by their respective asset allocation. FZAAX has achieved five-year annual returns of an astounding 12.41%.

MassMutual Select Small Cap Growth Equity Admiral (MSGLX - Free Report) : 1.17% expense ratio and 0.8% management fee. MSGLX is a Small Cap Growth mutual fund and tends to feature small companies in up-and-coming industries and markets. With yearly returns of 12.41% over the last five years, MSGLX is an effectively diversified fund with a long reputation of solidly positive performance.

T. Rowe Price Diversified Mid-Cap Growth (PRDMX - Free Report) . Expense ratio: 0.86%. Management fee: 0.64%. Five year annual return: 13.48%. PRDMX 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.

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.

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