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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 best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.

Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.

Frost Growth Equity Investor (FACEX - Free Report) : 0.88% expense ratio and 0.5% management fee. FACEX 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 annual returns of 10.2% over the last five years, this fund is a winner.

Deutsche Science and Technology S (KTCSX - Free Report) : 0.73% expense ratio and 0.45% management fee. KTCSX is a Sector - Tech mutual fund, allowing investors to own a stake in a notoriously volatile sector with a much more diversified approach. KTCSX, with annual returns of 12.88% over the last five years, is a well-diversified fund with a long track record of success.

State Street Institutional US Equity Investor (SUSIX - Free Report) : 0.4% expense ratio and 0.37% management fee. SUSIX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a "buy and hold" mindset. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 10.62% over the last five years.

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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