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Boost Your Retirement Portfolio with These 3 Top Mutual Funds - August 13, 2020

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If you're invested in any of the funds in our "Magnificent Retirement Mutual Funds" list, congratulations on owning some of the best managed and top-performing mutual funds. If you are lucky enough to discover our list of Top-Ranked Funds for the first time, it's never too late to start investing with the best, especially when it comes to your retirement.

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 our Zacks Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

Let's learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.

Neuberger Berman Guardian A (NGDAX - Free Report) : 1.08% expense ratio and 0.76% management fee. NGDAX 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. With annual returns of 10.88% over the last five years, this fund is a winner.

Fidelity Advisor Series Equity Gr (FMFMX - Free Report) : 0.01% expense ratio and 0% management fee. FMFMX is a part of the Large Cap Growth mutual fund category, which invest in many large U.S. companies that are expected to grow much faster compared to other large-cap stocks. FMFMX, with annual returns of 16.61% over the last five years, is a well-diversified fund with a long track record of success.

WCM Focused International Growth Fund Investor (WCMRX - Free Report) : 1.21% expense ratio and 0.85% management fee. WCMRX is a Non US - Equity option, focusing their investments acoss emerging and developed markets, and can often extend across cap levels too. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 11.23% over the last 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.

Do You Know the Top 9 Retirement Investing Mistakes?

Investing in underperforming mutual funds is just one of the key errors that can derail your retirement plans.

To learn more, read our just-released report: 9 Retirement Mistakes You Need to Avoid.

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