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3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio

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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 easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. The Zacks Mutual Fund Rank, which covers over 19,000 mutual funds, has helped us identify three outstanding options that are perfect for any long-term investors' portfolios that is retirement-focused.

Let's learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.

American Century Global Gold Investor (BGEIX - Free Report) has a 0.66% expense ratio and 0.65% management fee. BGEIX is a Sector - Precious Metal mutual fund, typically investing in companies that are involved in the mining and production of precious metals like gold, silver, platinum, and palladium. With yearly returns of 19.28% over the last five years, this fund clearly wins.

Fidelity Advisor Series Equity Growth (FMFMX): 0.01% expense ratio and 0% management fee. FMFMX 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 15.53% over the last five years, FMFMX is an effectively diversified fund with a long reputation of solidly positive performance.

Victory Global Equity Income (UGEIX) is an attractive large-cap allocation. UGEIX 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 UGEIX has an expense ratio of 1.02%, management fee of 0.53%, and annual returns of 12.76% 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.

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