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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.

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 investors' portfolios.

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

If you are looking to diversify your portfolio, consider JPMorgan Large Cap Growth R5 (JLGRX - Free Report) . JLGRX 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. This fund is a winner, boasting an expense ratio of 0.53%, management fee of 0.45%, and a five-year annualized return track record of 15.64%.

Morgan Stanley Inst Global Opp I (MGGIX). Expense ratio: 0.93%. Management fee: 0.74%. MGGIX is a Global - Equity mutual fund. These funds invest in large markets like the U.S., Europe, and Japan, and operate with very few geographical limitations This fund has managed to produce a robust 9.65% over the last five years.

MassMutual Premier Small/Mid Cap Opportunities R5 (MSCDX): 0.74% expense ratio and 0.57% management fee. MSCDX is a Small Cap Blend mutual fund that usually targets companies with a market capitalization of less than $2 billion. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 12.42% over the last five years.

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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