3 Magnificent Mutual Funds to Maximize 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 easiest way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we've identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.If you are looking to diversify your portfolio, consider Fidelity Balanced Fund K (FBAKX). FBAKX 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. This fund is a winner, boasting an expense ratio of 0.4%, management fee of 0.39%, and a five-year annualized return track record of 11.96%.Janus Henderson Contrarian I (JCONX): 0.62% expense ratio and 0.6% management fee. JCONX is a Large Cap Value fund. These funds invest in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. With yearly returns of 13.45% over the last five years, JCONX is an effectively diversified fund with a long reputation of solidly positive performance.Putnam Small Cap Growth Y (PSYGX). Expense ratio: 0.96%. Management fee: 0.7%. Five year annual return: 15.27%. PSYGX is a Small Cap Growth mutual fund and tends to feature small companies in up-and-coming industries and markets.We hope that your investment advisor (if you use one) has you invested in one or all of the top-ranked mutual funds we've reviewed. But if that isn't the case, it might be time to have a conversation or reconsider this vitally important relationship.Zacks Naming Top 10 Stocks for 2025Want to be tipped off early to our 10 top picks for the entirety of 2025?History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2025. Don’t miss your chance to get in on these stocks when they’re released on January 2.Be First to New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (FBAKX): Fund Analysis Report Get Your Free (PSYGX): Fund Analysis Report Get Your Free (JCONX): Fund Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks