3 Top-Ranked Mutual Funds for Your Retirement

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.

Janus Henderson Global Research A (JDWAX): 1.11% expense ratio and 0.59% management fee. JDWAX is a Global - Equity mutual fund, which invests their assets in large markets, leveraging the global economy. JDWAX has achieved five-year annual returns of an astounding 14.8%.

Lazard International Equity Institutional (LZIEX). Expense ratio: 0.85%. Management fee: 0.75%. LZIEX is a Non US - Equity option, focusing their investments acoss emerging and developed markets, and can often extend across cap levels too. This fund has managed to produce a robust 9.82% over the last five years.

American Funds Mutual Fund R2 (RMFBX): 1.36% expense ratio and 0.23% management fee. RMFBX is a Large Cap Value mutual fund, which invests in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. With a five-year annual return of 11.58%, this fund is a well-diversified fund with a long track record of success.

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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This article originally published on Zacks Investment Research (zacks.com).

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