Back to top

Image: Bigstock

3 Great Mutual Fund Picks for Your Retirement

Read MoreHide Full Article

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.

If you are looking to diversify your portfolio, consider American Funds Investor Company of America A (AIVSX - Free Report) . AIVSX 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. This fund is a winner, boasting an expense ratio of 0.56%, management fee of 0.23%, and a five-year annualized return track record of 15.99%.

Fidelity Natural Resources (FNARX). Expense ratio: 0.69%. Management fee: 0.67%. FNARX is a Sector - Energy mutual fund, which encompasses a wide range of vastly changing and vitally important industries throughout this massive global sector. This fund has managed to produce a robust 23.17% over the last five years.

Nuveen Quant SmallCap Equity A (TCSEX): 0.76% expense ratio and 0.4% management fee. TCSEX is a Small Cap Blend mutual fund, and usually targets stocks with market caps of less than $2 billion, letting investors diversify their funds among other kinds of small-cap equities. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 15.04% 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.


See More Zacks Research for These Tickers


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


THE INVEST COMPANY OF AMERICA (AIVSX) - free report >>

Published in