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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.

BNY Mellon Natural Resources I (DLDRX - Free Report) : 0.91% expense ratio and 0.75% management fee. DLDRX is classified as a Sector - Energy mutual fund. Throughout the massive global energy sector, these funds hold a wide range of quickly changing and vitally important industries. DLDRX has achieved five-year annual returns of an astounding 14.54%.

Franklin Convertible Securities A (FISCX - Free Report) is a stand out amongst its peers. FISCX is a Convertible Bonds mutual fund, and these funds are unique in the fixed income world; these securities have components of both fixed income and equity, making them hybrid securities. With five-year annualized performance of 10.88%, expense ratio of 0.83% and management fee of 0.46%, this diversified fund is an attractive buy with a strong history of performance.

MFS Mass Investors Growth Stock B (MIGBX - Free Report) : 1.46% expense ratio and 0.33% management fee. MIGBX 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 10.89% 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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