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

There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.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.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 American Funds Growth and Income Portfolio F1 (GAIFX). GAIFX 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 0.37%, management fee of 0%, and a five-year annualized return track record of 10.18%.Victory RS Global Growth A (RSGGX): 0.85% expense ratio and 0.6% management fee. RSGGX is a Global - Equity mutual fund. These funds invest in large markets like the U.S., Europe, and Japan, and operate with very few geographical limitations. With yearly returns of 13.52% over the last five years, RSGGX is an effectively diversified fund with a long reputation of solidly positive performance.T. Rowe Price Mid-Cap Value (TRMCX) is an attractive large-cap allocation. TRMCX is a Mid Cap Value mutual funds that aims to target medium-sized companies that possess strong value and income opportunities for investors. TRMCX has an expense ratio of 0.79%, management fee of 0.64%, and annual returns of 15.02% over the past five years.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.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 228 positions with double- and triple-digit gains in 2023 alone.See Stocks Now >>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 (GAIFX): Fund Analysis Report Get Your Free (TRMCX): Fund Analysis Report Get Your Free (RSGGX): 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