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.

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

Principal Capital Appreciation A (CMNWX) has a 0.73% expense ratio and 0.41% management fee. CMNWX 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 yearly returns of 13.52% over the last five years, this fund clearly wins.

Nuveen Multi-Cap Value A (NQVAX): 1.07% expense ratio and 0.69% management fee. NQVAX 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. NQVAX, with annual returns of 12.75% over the last five years, is a well-diversified fund with a long track record of success.

MFS Blended Research Growth Eq R2 (BRWSX): 0.95% expense ratio and 0.25% management fee. BRWSX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 14.54% over the last 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.

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

Zacks Investment Research

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