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Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?

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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.

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

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

DFA US Social Core Equity 2 Portfolio

(DFUEX - Free Report) has a 0.22% expense ratio and 0.18% management fee. DFUEX 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 14.72% over the last five years, this fund clearly wins.

Fidelity Advisor Equity Growth I

(EQPGX - Free Report) . Expense ratio: 0.68%. Management fee: 0.52%. EQPGX 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. This fund has managed to produce a robust 20.75% over the last five years.

American Funds Mutual Fund R3

(RMFCX - Free Report) . Expense ratio: 0.91%. Management fee: 0.23%. Five year annual return: 10.76%. RMFCX is a Large Cap Value fund. These funds invest in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value.

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.

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