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3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio

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It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance.

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 take a look at some of our top-ranked mutual funds with the lowest fees.

GMO U.S. Equity Allocation Fund ClIII (GMUEX): 0.49% expense ratio and 0.46% management fee. GMUEX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. GMUEX has achieved five-year annual returns of an astounding 15.81%.

American Funds Growth and Income Portfolio C (GAITX - Free Report) is a stand out amongst its peers. GAITX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a "buy and hold" mindset. With five-year annualized performance of 9.99%, expense ratio of 1.07% and management fee of 0%, this diversified fund is an attractive buy with a strong history of performance.

Vanguard Value Index Investor (VIVAX): 0.17% expense ratio and 0.16% management fee. VIVAX 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 14.01% 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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