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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.

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 break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.

Fidelity Blue Chip Growth Fund (FBGRX - Free Report) has a 0.54% expense ratio and 0.47% management fee. FBGRX is a Large Cap Growth mutual fund, and these funds invest in many large U.S. firms that are projected to grow at a faster rate than their large-cap peers. With yearly returns of 18.42% over the last five years, this fund clearly wins.

Vanguard Windsor Admiral (VWNEX) is a stand out amongst its peers. VWNEX 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. With five-year annualized performance of 14.86%, expense ratio of 0.26% and management fee of 0.25%, this diversified fund is an attractive buy with a strong history of performance.

American Beacon SiM High Yield Opportunity Y (SHOYX). Expense ratio: 0.75%. Management fee: 0.72%. Five year annual return: 8.24%. SHOYX is a High Yield - Bonds fund. Often referred to as junk bonds, High Yield - Bonds funds sit below investment grade, meaning they are at a high default risk compared to their investment grade peers.

There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they've got you covered. If not, you may need to talk.


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