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3 Great Mutual Fund Picks for Your Retirement

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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.

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.

Federated MDT Mid Cap Growth Institutional

(FGSIX - Free Report) has a 0.84% expense ratio and 0.75% management fee. FGSIX 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 15.02% over the last five years, this fund clearly wins.

Fidelity Advisor Balanced Fund A

. Expense ratio: 0.81%. Management fee: 0.38%. FABLX 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. This fund has managed to produce a robust 11.9% over the last five years.

JPMorgan Disciplined Equity A

(JDEAX - Free Report) . Expense ratio: 0.6%. Management fee: 0.25%. Five year annual return: 17.08%. JDEAX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a "buy and hold" mindset.

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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JPMORGAN US RES ENH EQUITY FD (JDEAX) - free report >>

Federated Hermes MDT MC Growth IS (FGSIX) - free report >>

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