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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.

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.

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

DFA US Hi Relatv Profitability Inst (DURPX - Free Report) : 0.22% expense ratio and 0.19% management fee. DURPX 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 annual returns of 11.62% over the last five years, this fund is a winner.

MFS Mass Investors Growth Stock A (MIGFX - Free Report) : 0.71% expense ratio and 0.33% management fee. MIGFX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. With yearly returns of 12.28% over the last five years, MIGFX is an effectively diversified fund with a long reputation of solidly positive performance.

ProFunds Semicond UltraSector Investor (SMPIX - Free Report) : 1.49% expense ratio and 0.75% management fee. SMPIX is a Sector - Tech mutual fund, allowing investors to own a stake in a notoriously volatile sector with a much more diversified approach. With a five-year annual return of 11.75%, this fund is a well-diversified fund with a long track record of success.

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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