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

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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.

Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.

Fidelity Select Energy Portfolio (FSENX) has a 0.64% expense ratio and 0.63% management fee. FSENX is a Sector - Energy mutual fund, which encompasses a wide range of vastly changing and vitally important industries throughout this massive global sector. With yearly returns of 27.79% over the last five years, this fund clearly wins.

Goldman Sachs International Tax Managed Equity A (GATMX) is a stand out amongst its peers. GATMX is a Non US - Equity option, focusing their investments acoss emerging and developed markets, and can often extend across cap levels too. With five-year annualized performance of 11.21%, expense ratio of 1.21% and management fee of 0.85%, this diversified fund is an attractive buy with a strong history of performance.

American Beacon BW Large Cap Value A (BWLAX - Free Report) : 1.05% expense ratio and 0.55% management fee. BWLAX is a part of the Large Cap Value category, and invests in equities with a market capitalization of $10 billion or more, but whose share prices do not reflect their intrinsic value. With a five-year annual return of 13.14%, this fund is a well-diversified fund with a long track record of success.

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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