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3 Top-Ranked Mutual Funds for Your Retirement

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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 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.

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

Fidelity Advisor Balanced Fund I

: 0.56% expense ratio and 0.38% management fee. FAIOX 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. With annual returns of 12% over the last five years, this fund is a winner.

JPMorgan Intrepid Value Fund R6

(JIVMX - Free Report) : 0.34% expense ratio and 0.3% management fee. JIVMX is a part of the Large Cap Value category, and invests in equities with a market capitalization of $10 billion or more, but whose share prices do not reflect their intrinsic value. With yearly returns of 12.82% over the last five years, JIVMX is an effectively diversified fund with a long reputation of solidly positive performance.

MFS Growth Fund A

(MFEGX - Free Report) . Expense ratio: 0.82%. Management fee: 0.5%. Five year annual return: 14.86%. MFEGX 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.

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.


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MFS GROWTH FD (MFEGX) - free report >>

JPMorgan US Appl DataSci Value R6 (JIVMX) - free report >>

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