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

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Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.

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.

Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.

If you are looking to diversify your portfolio, consider

Fidelity Advisor Semiconductors M

(FELTX - Free Report) . With a much more diversified approach, FELTX--part of the Sector - Tech mutual fund category--gives investors a way to own a stake in the notoriously risky tech sector. This fund is a winner, boasting an expense ratio of 1.22%, management fee of 0.68%, and a five-year annualized return track record of 33.28%.

Goldman Sachs Large Cap Value Insights Service Class

(GCLSX - Free Report) : 1.06% expense ratio and 0.52% management fee. GCLSX is a Large Cap Value mutual fund, which invests in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. With yearly returns of 10.38% over the last five years, GCLSX is an effectively diversified fund with a long reputation of solidly positive performance.

American Funds Investor Company of America R6

(RICGX - Free Report) . Expense ratio: 0.27%. Management fee: 0.23%. Five year annual return: 16.04%. RICGX 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.

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.

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