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 easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. The Zacks Mutual Fund Rank, which covers over 19,000 mutual funds, has helped us identify three outstanding options that are perfect for any long-term investors' portfolios that is retirement-focused.

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

Macquarie Asset Strategy Y (WASYX): 1.11% expense ratio and 0.68% management fee. WASYX is classified as an Allocation Balanced fund, which seeks to invest in a balance of asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual. WASYX has achieved five-year annual returns of an astounding 11.36%.

AQR Large Cap Multi Style I (QCELX): 0.4% expense ratio and 0.25% management fee. QCELX 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 18.23% over the last five years, QCELX is an effectively diversified fund with a long reputation of solidly positive performance.

Nationwide Bailard International Equities IS (NWHNX): 1% expense ratio and 0.75% management fee. NWHNX 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. With a five-year annual return of 13.2%, 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).

Zacks Investment Research

Source Zacks-com