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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.

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 Brown Advisory WMC Strategic European Equity & Income Investor (BIAHX). BIAHX is a Europe - Equity mutual fund investing in stocks across the vast European continent. This fund is a winner, boasting an expense ratio of 1.2%, management fee of 0.9%, and a five-year annualized return track record of 15.81%.

AMG River Road Focused Absol Val N (ARRFX - Free Report) . Expense ratio: 1.06%. Management fee: 0.6%. ARRFX is a Mid Cap Value mutual funds that aims to target medium-sized companies that possess strong value and income opportunities for investors. This fund has managed to produce a robust 9.98% over the last five years.

Goldman Sachs Growth Strategy Institutional (GGSIX) is an attractive large-cap allocation. GGSIX is a Global - Equity mutual fund, which invests their assets in large markets, leveraging the global economy. GGSIX has an expense ratio of 0.19%, management fee of 0.15%, and annual returns of 10.23% over the past five years.

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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