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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio- March 10, 2020

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Our "Magnificent Retirement Mutual Funds" list includes some of the best managed and best performing funds around. If you're already invested in these, congratulations! But if you're just now discovering them, don't worry. When it comes to your retirement, it's never too late to start investing in the best.

Great performance, diversification, and low fees: it's a pretty simple formula for a great mutual fund. Some are better than others, but utilizing our Zacks Rank, we have identified three mutual funds that would make great additions to long-term investors' portfolios.

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

Baron Global Advantage Fund Retail (BGAFX - Free Report) has a 1.15% expense ratio and 0.85% management fee. BGAFX is a Global - Equity mutual fund. These funds invest in large markets like the U.S., Europe, and Japan, and operate with very few geographical limitations. With yearly returns of 15.18% over the last five years, this fund clearly wins.

American Funds Washington Mutual Investors R4 (RWMEX - Free Report) : 0.62% expense ratio and 0.23% management fee. RWMEX is a Large Cap Value mutual fund, which invests in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. RWMEX, with annual returns of 10.54% over the last five years, is a well-diversified fund with a long track record of success.

Principal Capital Appreciation A (CMNWX - Free Report) : 0.86% expense ratio and 0.47% management fee. CMNWX 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. With a five-year annual return of 10.13%, this fund is a well-diversified fund with a long track record of success.

There you have it. If your financial advisor had you put your money into any of our "Magnificent Retirement Mutual Funds," then they've got you covered. If not, you may need to talk.

Do You Know the Top 9 Retirement Investing Mistakes?

Investing in underperforming mutual funds is just one of the key errors that can derail your retirement plans.

To learn more, read our just-released report: 9 Retirement Mistakes You Need to Avoid.

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