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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.

Dodge & Cox Balanced Fund I

(DODBX - Free Report) : 0.52% expense ratio and 0.5% management fee. DODBX is classified as an Allocation Balanced fund, which seeks to invest in a balance of asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual. With annual returns of 11.77% over the last five years, this fund is a winner.

Janus Henderson Global Research A

(JDWAX - Free Report) : 0.97% expense ratio and 0.59% management fee. JDWAX is a Global - Equity mutual fund investing in bigger markets like the U.S., Europe, and Japan; these kinds of funds aren't limited by geography. With yearly returns of 14.83% over the last five years, JDWAX is an effectively diversified fund with a long reputation of solidly positive performance.

Thornburg International Value R4

(THVRX - Free Report) . Expense ratio: 1.22%. Management fee: 0.77%. Five year annual return: 12.74%. THVRX is a part of the Non US - Equity fund category, many of which will focus across all cap levels, and will typically allocate their investments between emerging and developed markets.

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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