3 Top-Ranked Mutual Funds for Your Retirement

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.The easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. The Zacks Mutual Fund Rank, which covers over 19,000 mutual funds, has helped us identify three outstanding options that are perfect for any long-term investors' portfolios that is retirement-focused.Let's take a look at some of our top-ranked mutual funds with the lowest fees.If you are looking to diversify your portfolio, consider American Beacon Large Cap Value A (ALVAX). ALVAX is a part of the Large Cap Value category, and invests in equities with a market capitalization of $10 billion or more, but whose share prices do not reflect their intrinsic value. This fund is a winner, boasting an expense ratio of 0.98%, management fee of 0.55%, and a five-year annualized return track record of 11.58%.Wells Fargo Precious Metals Admiral (EKWDX): 1.12% expense ratio and 0.65% management fee. Sector - Precious Metal funds like EKWDX normally invest in stocks focused on the mining and production of precious metals such as gold, silver, platinum, and palladium. With yearly returns of 10.11% over the last five years, EKWDX is an effectively diversified fund with a long reputation of solidly positive performance.Hartford Dividend & Growth HLS IB (HDGBX). Expense ratio: 0.91%. Management fee: 0.63%. Five year annual return: 12%. HDGBX 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.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.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 (ALVAX): Fund Analysis Report Get Your Free (HDGBX): Fund Analysis Report Get Your Free (EKWDX): 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