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3 Great Mutual Fund Picks for Your Retirement

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Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.

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.

Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.

If you are looking to diversify your portfolio, consider Janus Henderson Global Research T (JAWWX). JAWWX is a Global - Equity mutual fund. These funds invest in large markets like the U.S., Europe, and Japan, and operate with very few geographical limitations This fund is a winner, boasting an expense ratio of 0.95%, management fee of 0.59%, and a five-year annualized return track record of 14.84%.

American Funds Investor Company of America R1 (RICAX). Expense ratio: 1.33%. Management fee: 0.23%. RICAX 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. This fund has managed to produce a robust 16.62% over the last five years.

Goldman Sachs Small Cap Value Insights R (GTTRX - Free Report) is an attractive large-cap allocation. GTTRX is a Small Cap Value mutual fund option, which typically invest in companies with market caps under $2 billion. GTTRX has an expense ratio of 1.45%, management fee of 0.8%, and annual returns of 15.31% 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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