3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio

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.

The best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.

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

If you are looking to diversify your portfolio, consider Vanguard Growth & Income Investor (VQNPX). VQNPX 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. This fund is a winner, boasting an expense ratio of 0.39%, management fee of 0.37%, and a five-year annualized return track record of 13.6%.

Sterling Capital SmallCap Value A (STSNX): 1.31% expense ratio and 0.75% management fee. STSNX is a Small Cap Value mutual fund option, which typically invest in companies with market caps under $2 billion. STSNX, with annual returns of 11.28% over the last five years, is a well-diversified fund with a long track record of success.

MFS Blended Research Intl Eq R4 (BRXUX): 0.5% expense ratio and 0.35% management fee. BRXUX 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. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 12.9% 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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