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3 Great Mutual Fund Picks 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.

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.

Allspring Discipl US Core R6 (EVSRX - Free Report) : 0.41% expense ratio and 0.35% management fee. EVSRX 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 annual returns of 17.29% over the last five years, this fund is a winner.

Lord Abbett Affiliated Fund I (LAFYX): 0.44% expense ratio and 0.32% management fee. LAFYX is a Large Cap Value fund. These funds invest in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. With yearly returns of 13.11% over the last five years, LAFYX is an effectively diversified fund with a long reputation of solidly positive performance.

Neuberger Berman Mid Cap Growth R3 (NMGRX) is an attractive large-cap allocation. NMGRX is a Mid Cap Growth mutual fund. These mutual funds choose companies with a stock market valuation between $2 billion and $10 billion. NMGRX has an expense ratio of 1.3%, management fee of 0.75%, and annual returns of 10.38% over the past 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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