Back to top

Image: Bigstock

Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio?

Read MoreHide Full Article

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.

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.

Vanguard Global Capital Cycles Fund Investor (VGPMX): 0.42% expense ratio and 0.4% management fee. VGPMX 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. VGPMX has achieved five-year annual returns of an astounding 21.61%.

RBC Emerging Mkts Value Equity I (REMVX - Free Report) : 0.97% expense ratio and 0.8% management fee. REMVX is a Non US - Equity option, focusing their investments acoss emerging and developed markets, and can often extend across cap levels too. REMVX, with annual returns of 10.71% over the last five years, is a well-diversified fund with a long track record of success.

Steward International Enhanced Index I (SNTCX): 0.75% expense ratio and 0.37% management fee. SNTCX is classified as a Large Cap Blend fund. More often than not, Large Cap Blend mutual funds invest in companies with a market cap of over $10 billion. Buying stakes in bigger companies offer these funds more stability, and are well-suited for investors with a "buy and hold" mindset. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 11.85% over the last 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.

Published in