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Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio?

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Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.

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.

If you are looking to diversify your portfolio, consider Hotchkis and Wiley Global Value I (HWGIX - Free Report) . HWGIX 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. This fund is a winner, boasting an expense ratio of 0.95%, management fee of 0.75%, and a five-year annualized return track record of 18.26%.

Touchstone Small Company A (SAGWX) is a stand out amongst its peers. SAGWX is a Small Cap Blend mutual fund that usually targets companies with a market capitalization of less than $2 billion. With five-year annualized performance of 13.93%, expense ratio of 1.15% and management fee of 0.67%, this diversified fund is an attractive buy with a strong history of performance.

Empower Large Cap Value Inv II (MXHAX): 0.81% expense ratio and 0.59% management fee. MXHAX 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 a five-year annual return of 14.82%, this fund is a well-diversified fund with a long track record of success.

We hope that your investment advisor (if you use one) has you invested in one or all of the top-ranked mutual funds we've reviewed. But if that isn't the case, it might be time to have a conversation or reconsider this vitally important relationship.


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