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.

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.

Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.

Goldman Sachs US Equity Dividend & Premier IR (GVIRX): 0.75% expense ratio and 0.69% management fee. GVIRX is a Large Cap Value mutual fund, which invests in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. With annual returns of 11.37% over the last five years, this fund is a winner.

DWS Equity Sector Strategy A (SUPAX): 0.73% expense ratio and 0.28% management fee. SUPAX is an Allocation Balanced mutual fund. Allocation Balanced funds look to invest across asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual; these funds are mostly categorized by their respective asset allocation. SUPAX, with annual returns of 11.96% over the last five years, is a well-diversified fund with a long track record of success.

JHancock Global Shr/Hlder Yld R2 (JGSRX) is an attractive large-cap allocation. JGSRX is a Global - Equity mutual fund, which invests their assets in large markets, leveraging the global economy. JGSRX has an expense ratio of 1.22%, management fee of 0.8%, and annual returns of 13.09% over the past five years.

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.

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

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