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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio

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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 Goldman Sachs International Equity Insights R (GCIRX). GCIRX is a part of the Non US - Equity fund category, many of which will focus across all cap levels, and will typically allocate their investments between emerging and developed markets. This fund is a winner, boasting an expense ratio of 1.41%, management fee of 0.78%, and a five-year annualized return track record of 12.24%.

Cavanal Hill World Energy Fd Inv Cl (APWEX - Free Report) : 1.15% expense ratio and 0.6% management fee. APWEX is classified as a Sector - Energy mutual fund. Throughout the massive global energy sector, these funds hold a wide range of quickly changing and vitally important industries. With yearly returns of 22.52% over the last five years, APWEX is an effectively diversified fund with a long reputation of solidly positive performance.

American Funds Wash Mutl Invs R5E (RWMHX) is an attractive large-cap allocation. RWMHX 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. RWMHX has an expense ratio of 0.41%, management fee of 0.22%, and annual returns of 14.67% 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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