Back to top

Image: Bigstock

Make the Most of Your Retirement with These Top-Ranked Mutual Funds

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 break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.

Fidelity Advisor Diversified Stock I (FDTIX): 0.56% expense ratio and 0.55% management fee. FDTIX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a "buy and hold" mindset. With annual returns of 16.78% over the last five years, this fund is a winner.

T. Rowe Price Growth Stock R (RRGSX) is a stand out amongst its peers. RRGSX 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. With five-year annualized performance of 12.44%, expense ratio of 1.18% and management fee of 0.51%, this diversified fund is an attractive buy with a strong history of performance.

American Century Global Gold R (AGGWX - Free Report) is an attractive large-cap allocation. Sector - Precious Metal funds like AGGWX normally invest in stocks focused on the mining and production of precious metals such as gold, silver, platinum, and palladium. AGGWX has an expense ratio of 1.16%, management fee of 0.65%, and annual returns of 14.64% over the past five years.

We hope that your investment advisor (if you use one) has you invested in one or all of the top-ranked mutual funds we've reviewed. But if that isn't the case, it might be time to have a conversation or reconsider this vitally important relationship.


See More Zacks Research for These Tickers


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


American Century Global Gold R (AGGWX) - free report >>

Published in