3 Great Mutual Fund Picks for Your Retirement

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 investors' portfolios.

Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.

JPMorgan Developed Intl Value A (JFEAX) has a 1.04% expense ratio and 0.55% management fee. JFEAX is a Non US - Equity option, focusing their investments acoss emerging and developed markets, and can often extend across cap levels too. With yearly returns of 16.57% over the last five years, this fund clearly wins.

Steward Values Focus LC Enhc Idx R6 (SEEHX) is a stand out amongst its peers. SEEHX is classified as a Large Cap Blend fund. More often than not, Large Cap Blend mutual funds invest in companies with a market cap of over $10 billion. Buying stakes in bigger companies offer these funds more stability, and are well-suited for investors with a "buy and hold" mindset. With five-year annualized performance of 12%, expense ratio of 0.47% and management fee of 0.22%, this diversified fund is an attractive buy with a strong history of performance.

LSV Global Value Investor (LVAGX): 1.15% expense ratio and 0.75% management fee. LVAGX 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 The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 13.88% over the last five years.

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.

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This article originally published on Zacks Investment Research (zacks.com).

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