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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 easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. The Zacks Mutual Fund Rank, which covers over 19,000 mutual funds, has helped us identify three outstanding options that are perfect for any long-term investors' portfolios that is retirement-focused.

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

BNY Mellon Dynamic Value A (DAGVX - Free Report) has a 0.93% expense ratio and 0.6% management fee. DAGVX is a part of the Large Cap Value category, and invests in equities with a market capitalization of $10 billion or more, but whose share prices do not reflect their intrinsic value. With yearly returns of 18.81% over the last five years, this fund clearly wins.

Northern Large Cap Core (NOLCX): 0.45% expense ratio and 0.44% management fee. NOLCX is classified as a Large Cap Blend fund. More often than not, Large Cap Blend mutual funds invest in companies with a market cap of over $10 billion. Buying stakes in bigger companies offer these funds more stability, and are well-suited for investors with a "buy and hold" mindset. With yearly returns of 16.8% over the last five years, NOLCX is an effectively diversified fund with a long reputation of solidly positive performance.

TCW Relative Value Mid Cap I (TGVOX): 0.85% expense ratio and 0.7% management fee. TGVOX is a Mid Cap Value fund, which usually invests in companies with a stock market valuation between $2 billion and $10 billion The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 16.78% over the last five years.

There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they've got you covered. If not, you may need to talk.


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