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3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio - August 27, 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.

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.

Fidelity Fund has a 0.49% expense ratio and 0.33% management fee. FFIDX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a "buy and hold" mindset. With yearly returns of 11.69% over the last five years, this fund clearly wins.

Brown Advisory Flexible Equity Adviser (BAFAX - Free Report) is a stand out amongst its peers. BAFAX 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. With five-year annualized performance of 10.78%, expense ratio of 0.96% and management fee of 0.44%, this diversified fund is an attractive buy with a strong history of performance.

Polen Global Growth Instl (PGIIX - Free Report) is an attractive large-cap allocation. PGIIX 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. PGIIX has an expense ratio of 1.1%, management fee of 0.85%, and annual returns of 14.89% over the past five years.

There you have it. If your financial advisor had you put your money into any of our "Magnificent Retirement Mutual Funds," then they've got you covered. If not, you may need to 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.


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