Back to top

Image: Bigstock

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

Read MoreHide Full Article

It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance.

How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using the Zacks Mutual Fund Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

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

Amana Growth Fund Institutional (AMIGX - Free Report) : 0.66% expense ratio and 0.64% management fee. AMIGX is a part of the Large Cap Growth mutual fund category, which invest in many large U.S. companies that are expected to grow much faster compared to other large-cap stocks. AMIGX has achieved five-year annual returns of an astounding 15.97%.

Fidelity Fund : 0.46% expense ratio and 0.32% management fee. FFIDX 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. With yearly returns of 13.93% over the last five years, FFIDX is an effectively diversified fund with a long reputation of solidly positive performance.

Schwartz Value Fund (RCMFX - Free Report) : 1.16% expense ratio and 0.8% management fee. RCMFX is a Small Cap Value mutual fund option, which typically invest in companies with market caps under $2 billion. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 13.98% 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.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Schwartz Value Fund (RCMFX) - free report >>

Amana Growth Institutional (AMIGX) - free report >>

Published in