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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.

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.

Invesco Growth and Income A

(ACGIX - Free Report) : 0.79% expense ratio and 0.36% management fee. ACGIX 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 annual returns of 18.65% over the last five years, this fund is a winner.

Domini Impact Intl Equity Inv

(DOMIX - Free Report) : 1.31% expense ratio and 0.83% management fee. DOMIX is a Non US - Equity option, focusing their investments acoss emerging and developed markets, and can often extend across cap levels too. With yearly returns of 11.33% over the last five years, DOMIX is an effectively diversified fund with a long reputation of solidly positive performance.

JPMorgan Large Cap Value Fund R6

(JLVMX - Free Report) . Expense ratio: 0.44%. Management fee: 0.4%. Five year annual return: 21.26%. JLVMX 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.

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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