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3 Top-Performing Mutual Funds to Consider for 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.

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.

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

If you are looking to diversify your portfolio, consider

Alger Balanced I-2

(ABLOX - Free Report) . ABLOX 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 is a winner, boasting an expense ratio of 1.09%, management fee of 0.71%, and a five-year annualized return track record of 10.23%.

JPMorgan Intrepid Growth Fund A

(JIGAX - Free Report) : 0.84% expense ratio and 0.3% management fee. JIGAX 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. JIGAX, with annual returns of 18.13% over the last five years, is a well-diversified fund with a long track record of success.

Oak Ridge Dividend Growth I

(ORDNX - Free Report) is an attractive large-cap allocation. ORDNX 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. ORDNX has an expense ratio of 0.97%, management fee of 0.75%, and annual returns of 11.7% over the past five years.

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.


See More Zacks Research for These Tickers


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JPMorgan US GARP Equity A (JIGAX) - free report >>

Alger Balanced I-2 (ABLOX) - free report >>

NORTH SQUARE PREF & INC SEC (ORDNX) - free report >>

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