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 easiest way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we've identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.

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

Goldman Sachs Large Cap Growth Insights Service Class (GSCLX): 1.05% expense ratio and 0.5% management fee. GSCLX is a Large Cap Growth mutual fund, and these funds invest in many large U.S. firms that are projected to grow at a faster rate than their large-cap peers. With annual returns of 13.33% over the last five years, this fund is a winner.

American Century Global Gold R (AGGWX) is a stand out amongst its peers. Sector - Precious Metal funds like AGGWX normally invest in stocks focused on the mining and production of precious metals such as gold, silver, platinum, and palladium. With five-year annualized performance of 18.67%, expense ratio of 1.16% and management fee of 0.65%, this diversified fund is an attractive buy with a strong history of performance.

Transamerica Large Core ESG R (TLARX). Expense ratio: 1.05%. Management fee: 0.45%. Five year annual return: 13.29%. TLARX 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.

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).

Zacks Investment Research

Source Zacks-com