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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio

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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 way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we've identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.

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

Direxion Mo S&P 500 Bull 1.75X Inv (DXSLX - Free Report) : 1.35% expense ratio and 0.75% management fee. DXSLX is an Allocation Balanced mutual fund. Allocation Balanced funds look to invest across asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual; these funds are mostly categorized by their respective asset allocation. DXSLX has achieved five-year annual returns of an astounding 12.38%.

Deutsche Science and Technology S (KTCSX - Free Report) is a stand out amongst its peers. KTCSX is a Sector - Tech mutual fund, allowing investors to own a stake in a notoriously volatile sector with a much more diversified approach. With five-year annualized performance of 10.33%, expense ratio of 0.71% and management fee of 0.45%, this diversified fund is an attractive buy with a strong history of performance.

BlackRock Exchange BlackRock (STSEX - Free Report) : 0.62% expense ratio and 0.5% management fee. STSEX 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. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 10.7% over the last 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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