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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.

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.

If you are looking to diversify your portfolio, consider

American Funds Growth and Income Portfolio 529 C

(CGNCX - Free Report) . CGNCX 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. This fund is a winner, boasting an expense ratio of 1.12%, management fee of 0%, and a five-year annualized return track record of 9.93%.

Janus Henderson Research Institutional

(JAGRX - Free Report) . Expense ratio: 0.67%. Management fee: 0.47%. JAGRX 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. This fund has managed to produce a robust 15.62% over the last five years.

JPMorgan Developed Intl Value L

(JNUSX - Free Report) is an attractive large-cap allocation. JNUSX is a Non US - Equity fund. Many of these funds like to allocate across emerging and developed markets, and will often focus on all cap levels. JNUSX has an expense ratio of 0.65%, management fee of 0.55%, and annual returns of 17.31% over the past five years.

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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