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3 Great Mutual Fund Picks for Your Retirement

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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 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.

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

Fidelity Series 1000 Value Index Fund (FIOOX - Free Report) : 0.01% expense ratio and 0% management fee. FIOOX 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. FIOOX has achieved five-year annual returns of an astounding 12.91%.

Voya Mid Cap Opportunities Portfolio S (ISMOX): 0.97% expense ratio and 0.79% management fee. ISMOX is a Mid Cap Growth mutual fund. Mid Cap Growth funds pick stocks--usually companies with a market cap between $2 billion and $10 billion--that demonstrate extensive growth opportunities for investors compared to their peers. With yearly returns of 9.96% over the last five years, ISMOX is an effectively diversified fund with a long reputation of solidly positive performance.

SA US Small Company Fund (SAUMX). Expense ratio: 0.88%. Management fee: 0.6%. Five year annual return: 12.62%. SAUMX is an All Cap Growth mutual fund investing in a wide variety of equities, no matter the size of the company and as long as the firm exhibits growth characteristics.

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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