3 Top-Ranked Mutual Funds for Your Retirement

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 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 learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.

If you are looking to diversify your portfolio, consider Brown Advisory Flexible Equity Adviser (BAFAX). BAFAX is a part of the Allocation Balanced fund category; these funds like to invest in a variety of asset types, finding a balance between stocks, bonds, cash, and sometimes even precious metals and commodities; they are mostly categorized by their respective asset allocation. This fund is a winner, boasting an expense ratio of 0.92%, management fee of 0.43%, and a five-year annualized return track record of 13.08%.

Brandes International Small Cap Equity A (BISAX): 1.32% expense ratio and 0.95% management fee. BISAX is a part of the Non US - Equity fund category, many of which will focus across all cap levels, and will typically allocate their investments between emerging and developed markets. BISAX, with annual returns of 25.63% over the last five years, is a well-diversified fund with a long track record of success.

Nuveen Quant SC Equity Prem (TSRPX) is an attractive large-cap allocation. TSRPX is a Small Cap Blend mutual fund, allowing investors a way to diversify their funds among various types of small-cap stocks. TSRPX has an expense ratio of 0.56%, management fee of 0.4%, and annual returns of 15.22% over the past five years.

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.

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

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

Zacks Investment Research

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