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Make the Most of Your Retirement with These Top-Ranked Mutual Funds

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It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance.

The best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.

Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.

Columbia Large Cap Enhanced Core A (NMIAX) has a 0.83% expense ratio and 0.75% management fee. NMIAX 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 12.71% over the last five years, this fund clearly wins.

Bernstein Intl Strat Eqs SCB (STESX) is a stand out amongst its peers. STESX is a Non US - Equity fund. Many of these funds like to allocate across emerging and developed markets, and will often focus on all cap levels. With five-year annualized performance of 12.1%, expense ratio of 0.78% and management fee of 0.66%, this diversified fund is an attractive buy with a strong history of performance.

Fidelity Select Gold Portfolio (FSAGX - Free Report) . Expense ratio: 0.64%. Management fee: 0.62%. Five year annual return: 14.59%. FSAGX is classified as a Sector - Precious Metal fund, and these mutual funds invest in stocks with a focus on the mining and production of precious metals like gold, silver, platinum, and palladium.

These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.

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