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.

Schwab International Core Equity (SICNX) has a 0.86% expense ratio and 0.58% management fee. SICNX is a Non US - Equity option, focusing their investments acoss emerging and developed markets, and can often extend across cap levels too. With yearly returns of 11.63% over the last five years, this fund clearly wins.

Janus Henderson Global Technology Institutional (JGLTX): 0.73% expense ratio and 0.64% management fee. JGLTX is a Sector - Tech mutual fund, allowing investors to own a stake in a notoriously volatile sector with a much more diversified approach. With yearly returns of 14.45% over the last five years, JGLTX is an effectively diversified fund with a long reputation of solidly positive performance.

Davis Balanced Y (DCSYX): 0.67% expense ratio and 0.55% management fee. DCSYX is an Allocation Balanced mutual fund. Allocation Balanced funds look to invest across asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual; these funds are mostly categorized by their respective asset allocation. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 10.94% over the last 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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