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3 Great Mutual Fund Picks for Your Retirement

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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.

Great-WestMultiMgrLgCapGrowIns (MXGSX - Free Report) has a 0.65% expense ratio and 0.64% management fee. MXGSX 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 12.27% over the last five years, this fund clearly wins.

Wells Fargo Special Technology Admiral (WFTDX - Free Report) : 1.2% expense ratio and 0.85% management fee. WFTDX is part of the Sector - Tech mutual fund category that invests in technology and lets investors own a stake in a notoriously volatile sector, but with a much more diversified approach. WFTDX, with annual returns of 8.79% over the last five years, is a well-diversified fund with a long track record of success.

Wells Fargo Special Technology Admiral (WFTDX - Free Report) : 1.2% expense ratio and 0.85% management fee. WFTDX is part of the Sector - Tech mutual fund category that invests in technology and lets investors own a stake in a notoriously volatile sector, but with a much more diversified approach. With a five-year annual return of 8.79%, 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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Allspring Discovery Innov Adm (WFTDX) - free report >>

GREAT WEST LCAP GROWTH INSTL (MXGSX) - free report >>

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