3 Top-Ranked Mutual Funds for Your Retirement

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 investors' portfolios.

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

BlackRock Eurofund I (MAEFX) has a 0.94% expense ratio and 0.75% management fee. MAEFX is one of many Europe - Equity mutual funds, which are known for investing their assets in stocks based in countries like Great Britain, Germany, France, Italy, and Spain. With yearly returns of 7.73% over the last five years, this fund clearly wins.

AB International Small Cap Z (IRCZX) is a stand out amongst its peers. IRCZX is a Non US - Equity option, focusing their investments acoss emerging and developed markets, and can often extend across cap levels too. With five-year annualized performance of 8.93%, expense ratio of 1.08% and management fee of 1%, this diversified fund is an attractive buy with a strong history of performance.

Nationwide BNYMellon US Eq Inc IS (NWAOX) is an attractive large-cap allocation. NWAOX is a part of the Large Cap Value category, and invests in equities with a market capitalization of $10 billion or more, but whose share prices do not reflect their intrinsic value. NWAOX has an expense ratio of 0.7%, management fee of 0.6%, and annual returns of 15.34% over the past five years.

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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