3 Top-Ranked Mutual Funds for Your Retirement

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 learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.If you are looking to diversify your portfolio, consider AQR Large Cap Defensive Style I (AUEIX). AUEIX 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. This fund is a winner, boasting an expense ratio of 0.39%, management fee of 0.25%, and a five-year annualized return track record of 9.22%.American Funds Income Fund of America 529F (CIMFX): 0.43% expense ratio and 0.23% management fee. CIMFX 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. CIMFX, with annual returns of 9.6% over the last five years, is a well-diversified fund with a long track record of success.Columbia Small Cap Value I Class Z (CSCZX) is an attractive large-cap allocation. CSCZX is a Small Cap Value mutual fund, investing in small companies with stock market valuation less than $2 billion. CSCZX has an expense ratio of 0.96%, management fee of 0.81%, and annual returns of 16.24% 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.Free Report: 3 Software Stocks Poised to SkyrocketSoftware stocks are poised to catapult higher in the coming months (and years) thanks to several factors, especially the explosive growth of AI. Zacks' urgent report reveals 3 top software stocks to own right now.Access the report free today >>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 (AUEIX): Fund Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks