Back to top

Image: Bigstock

3 Top-Ranked Mutual Funds for Your Retirement

Read MoreHide Full Article

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.

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 Funds Fundamental Investors R1 (RFNAX): 1.36% expense ratio and 0.24% management fee. RFNAX 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. RFNAX has achieved five-year annual returns of an astounding 13.79%.

BlackRock Advantage Large Cap Value R (MRLVX). Expense ratio: 1.04%. Management fee: 0.49%. MRLVX is a Large Cap Value mutual fund, which invests in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. This fund has managed to produce a robust 11.14% over the last five years.

Brown Advisory WMC Strategic European Equity & Income I (BAFHX - Free Report) . Expense ratio: 1.03%. Management fee: 0.9%. Five year annual return: 12.5%. BAFHX is a Europe - Equity mutual fund investing in stocks across the vast European continent.

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.

Published in