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.

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.

Vanguard Growth & Income Admiral (VGIAX) has a 0.28% expense ratio and 0.25% management fee. VGIAX 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 yearly returns of 15.02% over the last five years, this fund clearly wins.

Fidelity Contrafund (FCNTX - Free Report) : 0.75% expense ratio and 0.63% management fee. FCNTX 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 yearly returns of 15.54% over the last five years, FCNTX is an effectively diversified fund with a long reputation of solidly positive performance.

American Funds Cap Wld Gr&Inc 529F2 (FCWGX) is an attractive large-cap allocation. FCWGX is a Global - Equity mutual fund investing in bigger markets like the U.S., Europe, and Japan; these kinds of funds aren't limited by geography. FCWGX has an expense ratio of 0.51%, management fee of 0.37%, and annual returns of 10.33% 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.


See More Zacks Research for These Tickers


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


FIDELITY CONTRA FUND (FCNTX) - free report >>

Published in