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Are these 3 Top-Ranked Mutual Funds In 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 investors' portfolios.

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 AMG RiverRoad LargeCap Value Sel N (FQUAX - Free Report) . FQUAX is a Long Short - Equity fund, and these funds aim to minimize exposure to the broader market, taking long positions in equities that are expected to appreciate and short positions in equities that are projected to decline. This fund is a winner, boasting an expense ratio of 0.95%, management fee of 0.35%, and a five-year annualized return track record of 14.68%.

Permanent Portfolio Permanent I (PRPFX): 0.81% expense ratio and 0.79% management fee. PRPFX 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. With yearly returns of 12.83% over the last five years, PRPFX is an effectively diversified fund with a long reputation of solidly positive performance.

American Funds Growth Portfolio R5 (RGWFX): 0.06% expense ratio and 0% management fee. RGWFX 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. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 13.52% 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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