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Make the Most of Your Retirement with These Top-Ranked Mutual Funds

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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 best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.

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

Brown Advisory Flexible Equity Institutional (BAFFX - Free Report) : 0.54% expense ratio and 0.43% management fee. BAFFX 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 annual returns of 11.54% over the last five years, this fund is a winner.

Fidelity Advisor Series Equity Growth (FMFMX - Free Report) is a stand out amongst its peers. FMFMX is a Large Cap Growth mutual fund, and these funds invest in many large U.S. firms that are projected to grow at a faster rate than their large-cap peers. With five-year annualized performance of 15.29%, expense ratio of 0.01% and management fee of 0%, this diversified fund is an attractive buy with a strong history of performance.

Voya Growth & Income Portfolio S2 (IGISX - Free Report) . Expense ratio: 1.07%. Management fee: 0.6%. Five year annual return: 11.51%. IGISX 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.

There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they've got you covered. If not, you may need to talk.

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