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3 Top-Ranked Mutual Funds for Your Retirement

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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 way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we've identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.

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

Allspring Discipl US Core A (EVSAX - Free Report) : 0.84% expense ratio and 0.35% management fee. EVSAX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a "buy and hold" mindset. EVSAX has achieved five-year annual returns of an astounding 14.5%.

Franklin Utilities A1 (FKUTX): 0.71% expense ratio and 0.46% management fee. FKUTX is a Sector - Utilities fund, and these types of mutual funds are known for their stability; they focus on companies that provide essential services to millions of people on a daily basis like electric power, gas distribution, and water supply. With yearly returns of 12.24% over the last five years, FKUTX is an effectively diversified fund with a long reputation of solidly positive performance.

Carillon Clarivest Capital Appr R6 (HRCUX): 0.64% expense ratio and 0.5% management fee. HRCUX is a Large Cap Growth mutual fund, and these funds invest in many large U.S. firms that are projected to grow at a faster rate than their large-cap peers. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 15.26% over the last 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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