Back to top

Image: Bigstock

3 Great Mutual Fund Picks for Your Retirement

Read MoreHide Full Article

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 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.

Fidelity Advisor Stock Select Allocation Cap M (FSJHX - Free Report) : 1.04% expense ratio and 0.47% management fee. FSJHX 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. FSJHX has achieved five-year annual returns of an astounding 13.54%.

Victory Pioneer SolutionsBalanced Y (IMOYX). Expense ratio: 0.21%. Management fee: 0%. IMOYX is an Allocation Balanced mutual fund. Allocation Balanced funds look to invest across asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual; these funds are mostly categorized by their respective asset allocation. This fund has managed to produce a robust 9.97% over the last five years.

Lord Abbett Affiliated Fund R2 (LAFQX) is an attractive large-cap allocation. LAFQX 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. LAFQX has an expense ratio of 1.04%, management fee of 0.32%, and annual returns of 12.43% 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.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Fidelity Advisor Stock Selector M (FSJHX) - free report >>

Published in