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Make the Most of Your Retirement with These Top-Ranked Mutual Funds

Zacks Equity Research
·2-min read

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.

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 retirement investors' portfolios.

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

Fidelity Fund (FFIDX): 0.46% expense ratio and 0.32% management fee. FFIDX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a "buy and hold" mindset. With annual returns of 12.09% over the last five years, this fund is a winner.

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Harbor Capital Appreciation Institutional (HACAX). Expense ratio: 0.68%. Management fee: 0.6%. HACAX 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. This fund has managed to produce a robust 12.44% over the last five years.

Matthews Asia Small Companies (MSMLX): 1.32% expense ratio and 1% management fee. MSMLX is a Pacific Rim - Equity fund, which usually invest in companies with a big presence in the export-focused markets of Hong Kong, Singapore, Taiwan, and Korea. With a five-year annual return of 13.19%, this fund is a well-diversified fund with a long track record of success.

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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Zacks Investment Research