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

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.Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.Fidelity Advisor Growth Opportunities C (FACGX): 1.49% expense ratio and 0.48% management fee. FACGX 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. With annual returns of 14.98% over the last five years, this fund is a winner.Franklin Convertible Securities Adviser (FCSZX). Expense ratio: 0.57%. Management fee: 0.46%. FCSZX is categorized as a Convertible Bonds fund, and in the fixed income world, these funds are quite unique. These types of securities are a hybrid, meaning they have components of both fixed income and equity. This fund has managed to produce a robust 9.44% over the last five years.Neuberger Berman Social Responsible A (NRAAX). Expense ratio: 1.05%. Management fee: 0.75%. Five year annual return: 16.4%. NRAAX 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.These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them 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 (FACGX): Fund Analysis Report Get Your Free (FCSZX): Fund Analysis Report Get Your Free (NRAAX): 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