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3 Top-Ranked Mutual Funds for Your Retirement - August 17, 2020

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The funds in our "Magnificent Retirement Mutual Funds" list are some of the top-performing, best managed funds available. If you're already invested in them, congratulations! If you're not, don't worry - it's never too late to start getting the advantages of these outstanding funds for your retirement.

Great performance, diversification, and low fees: it's a pretty simple formula for a great mutual fund. Some are better than others, but utilizing our Zacks Rank, we have identified three mutual funds that would make great additions to long-term investors' portfolios.

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

Hartford Core Equity Institutional (HGIIX - Free Report) : 0.45% expense ratio and 0.34% management fee. HGIIX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a "buy and hold" mindset. HGIIX has achieved five-year annual returns of an astounding 10.7%.

VY T. Rowe Price Diversified Mid Cap Growth S2 (IAXTX - Free Report) . Expense ratio: 1.17%. Management fee: 0.74%. IAXTX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers. This fund has managed to produce a robust 11.33% over the last five years.

Matthews Asia Innovators Investor (MATFX - Free Report) is an attractive large-cap allocation. MATFX is part of the Sector - Tech mutual fund category that invests in technology and lets investors own a stake in a notoriously volatile sector, but with a much more diversified approach. MATFX has an expense ratio of 1.19%, management fee of 0.66%, and annual returns of 12.34% 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.

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.


In-Depth Zacks Research for the Tickers Above


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Hartford Core Equity I (HGIIX) - free report >>

VY T. Rowe Price Divrs MdCapGr S2 (IAXTX) - free report >>

Matthews Asia Innovators Inv (MATFX) - free report >>

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