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

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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.

The easiest way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. Using the Zacks Mutual Fund Rank of over 19,000 mutual funds, we've identified three outstanding mutual funds that are ideally suited to help long-term investors pursue and achieve their retirement investing goals.

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

BlackRock Advantage Large Cap Core I

(MALRX - Free Report) has a 0.48% expense ratio and 0.43% management fee. MALRX 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. With yearly returns of 15.32% over the last five years, this fund clearly wins.

MFS Low Volatility Global Equity A

(MVGAX - Free Report) : 0.99% expense ratio and 0.55% management fee. MVGAX 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 11.37% over the last five years, MVGAX is an effectively diversified fund with a long reputation of solidly positive performance.

American Funds Mutual Fund R2

(RMFBX - Free Report) . Expense ratio: 1.35%. Management fee: 0.23%. Five year annual return: 11.37%. RMFBX is a part of the Large Cap Value category, and invests in equities with a market capitalization of $10 billion or 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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