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Should You Add These 3 Top-Performing Mutual Funds to Your 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 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.

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

Lord Abbett Affiliated Fund A

(LAFFX - Free Report) : 0.69% expense ratio and 0.32% management fee. LAFFX is a Large Cap Value mutual fund, which invests in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. With annual returns of 15.27% over the last five years, this fund is a winner.

Franklin US Large Cap Equity FI

(LMUSX - Free Report) : 1.05% expense ratio and 0.7% management fee. LMUSX 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. LMUSX, with annual returns of 19.08% over the last five years, is a well-diversified fund with a long track record of success.

George Putnam Balanced Fund C

(PGPCX - Free Report) . Expense ratio: 0.83%. Management fee: 0.51%. Five year annual return: 10.42%. PGPCX 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.

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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