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

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There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.

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 learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.

American Funds Investor Company of America 529A

(CICAX - Free Report) : 0.6% expense ratio and 0.23% management fee. CICAX 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. CICAX has achieved five-year annual returns of an astounding 18.36%.

Franklin Natural Resources Adviser

(FNRAX - Free Report) . Expense ratio: 0.74%. Management fee: 0.52%. FNRAX is a Sector - Energy mutual fund, which encompasses a wide range of vastly changing and vitally important industries throughout this massive global sector. This fund has managed to produce a robust 26.27% over the last five years.

Nuveen Sml/Mid Cap Value I

(NSMRX - Free Report) . Expense ratio: 1.06%. Management fee: 0.76%. Five year annual return: 20.19%. NSMRX is a Small Cap Value fund, and these funds are known for investing in companies with market caps under $2 billion.

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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