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

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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.

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.

Let's take a look at some of our top-ranked mutual funds with the lowest fees.

PRIMECAP Odyssey Aggressive Growth (POAGX): 0.66% expense ratio and 0.55% management fee. POAGX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. POAGX has achieved five-year annual returns of an astounding 10.85%.

Fidelity Select Banking (FSRBX) is a stand out amongst its peers. FSRBX is a Sector - Finance fund. The financial space is notoriously large, complex, and heavily-regulated, and these funds give investors a stable, diversified approach to investing in this industry. With five-year annualized performance of 11.84%, expense ratio of 0.69% and management fee of 0.66%, this diversified fund is an attractive buy with a strong history of performance.

MFS Blended Research Intl Eq R3 (BRXTX - Free Report) is an attractive large-cap allocation. BRXTX 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. BRXTX has an expense ratio of 0.75%, management fee of 0.35%, and annual returns of 12.94% over the past five years.

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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