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3 Top-Ranked Mutual Funds for Your Retirement - September 09, 2020

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Our "Magnificent Retirement Mutual Funds" list includes some of the best managed and best performing funds around. If you're already invested in these, congratulations! But if you're just now discovering them, don't worry. When it comes to your retirement, it's never too late to start investing in the best.

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.

If you are looking to diversify your portfolio, consider TIAA-CREF Socl Choice Equity Institutional (TISCX - Free Report) . TISCX 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 0.17%, management fee of 0.15%, and a five-year annualized return track record of 10.18%.

Alger Capital Appreciation Focus Z (ALZFX - Free Report) : 0.64% expense ratio and 0.52% management fee. ALZFX 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. ALZFX, with annual returns of 16.6% over the last five years, is a well-diversified fund with a long track record of success.

AB Discovery Growth Z (CHCZX - Free Report) . Expense ratio: 0.65%. Management fee: 0.61%. Five year annual return: 12.77%. CHCZX is a Mid Cap Growth mutual fund. These mutual funds choose companies with a stock market valuation between $2 billion and $10 billion.

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.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


TIAA-CREF Socl Chce Eq Instl (TISCX) - free report >>

AB DISCOVERY GROWTH Z (CHCZX) - free report >>

Alger Focus Equity Z (ALZFX) - free report >>

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