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3 Top-Ranked Mutual Funds for Your Retirement

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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 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 Dreyfus Appreciation Fund Y (DGYGX - Free Report) . DGYGX 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. This fund is a winner, boasting an expense ratio of 0.59%, management fee of 0.55%, and a five-year annualized return track record of 13.43%.

Fidelity Select Tech Hardware (FDCPX - Free Report) : 0.73% expense ratio and 0.53% management fee. FDCPX is a Sector - Tech mutual fund, allowing investors to own a stake in a notoriously volatile sector with a much more diversified approach. FDCPX, with annual returns of 14.37% over the last five years, is a well-diversified fund with a long track record of success.

T. Rowe Price Cap Appreciation Adviser (PACLX - Free Report) is an attractive large-cap allocation. PACLX is categorized as an All Cap Value fund, and like the name suggests, invests across the cap spectrum in small-cap, mid-cap, and large-cap companies. PACLX has an expense ratio of 0.97%, management fee of 0.59%, and annual returns of 10.6% over the past 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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