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3 Top-Ranked Mutual Funds 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.

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

MFS Blended Research Mid Cap Eq A

(BMSFX - Free Report) : 0.84% expense ratio and 0.5% management fee. BMSFX is a Mid Cap Blend mutual fund that typically features a portfolio filled with stocks of various sizes and styles; it allows for a diversification strategy focusing on companies with market caps between $2 billion and $10 billion. With annual returns of 14.19% over the last five years, this fund is a winner.

BNY Mellon Global Equity Inc I

(DQEIX - Free Report) : 0.96% expense ratio and 0.75% management fee. DQEIX is a Global - Equity mutual fund. These funds invest in large markets like the U.S., Europe, and Japan, and operate with very few geographical limitations. DQEIX, with annual returns of 12.34% over the last five years, is a well-diversified fund with a long track record of success.

MassMutual Select Diversified Value Service

(MDVYX - Free Report) : 0.85% expense ratio and 0.5% management fee. MDVYX 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. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 14.42% over the last 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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