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3 Top-Ranked Mutual Funds for Your Retirement

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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.

Goldman Sachs Large Cap Growth Insights A

(GLCGX - Free Report) : 0.89% expense ratio and 0.51% management fee. GLCGX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. With annual returns of 15.9% over the last five years, this fund is a winner.

Hartford International Value A

(HILAX - Free Report) : 1.17% expense ratio and 0.77% management fee. HILAX is a Non US - Equity fund. Many of these funds like to allocate across emerging and developed markets, and will often focus on all cap levels. With yearly returns of 17.19% over the last five years, HILAX is an effectively diversified fund with a long reputation of solidly positive performance.

JHancock Global Shr/Hlder Yld R2

(JGSRX - Free Report) . Expense ratio: 1.22%. Management fee: 0.8%. Five year annual return: 12.56%. JGSRX is a Global - Equity mutual fund, which invests their assets in large markets, leveraging the global economy.

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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