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Make the Most of Your Retirement with These Top-Ranked Mutual Funds

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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.

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

JPMorgan Mid Cap Growth Fund R6 (JMGMX - Free Report) : 0.7% expense ratio and 0.65% management fee. JMGMX is a Mid Cap Growth mutual fund. Mid Cap Growth funds pick stocks--usually companies with a market cap between $2 billion and $10 billion--that demonstrate extensive growth opportunities for investors compared to their peers. With annual returns of 11.27% over the last five years, this fund is a winner.

Oppenheimer SteelPath MLP Alpha Y (MLPOX - Free Report) is a stand out amongst its peers. MLPOX is a Sector - Energy mutual fund, which encompasses a wide range of vastly changing and vitally important industries throughout this massive global sector. With five-year annualized performance of 11.56%, expense ratio of 1.29% and management fee of 1.1%, this diversified fund is an attractive buy with a strong history of performance.

Vanguard Growth & Income Admiral (VGIAX - Free Report) : 0.24% expense ratio and 0.21% management fee. VGIAX 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 a five-year annual return of 15.3%, this fund is a well-diversified fund with a long track record of success.

There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they've got you covered. If not, you may need to talk.

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