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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 easiest, most reliable way to judge a mutual fund's quality over time is by analyzing its performance, diversification, and fees. The Zacks Mutual Fund Rank, which covers over 19,000 mutual funds, has helped us identify three outstanding options that are perfect for any long-term investors' portfolios that is retirement-focused.

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 Fidelity Advisor New Insights Z (FZANX - Free Report) . FZANX 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. This fund is a winner, boasting an expense ratio of 0.72%, management fee of 0.52%, and a five-year annualized return track record of 17.77%.

American Funds Balanced R5 (RLBFX): 0.3% expense ratio and 0.21% management fee. RLBFX is a part of the Allocation Balanced fund category; these funds like to invest in a variety of asset types, finding a balance between stocks, bonds, cash, and sometimes even precious metals and commodities; they are mostly categorized by their respective asset allocation. RLBFX, with annual returns of 11.12% over the last five years, is a well-diversified fund with a long track record of success.

Goldman Sachs SmCap Eq Insights P (GMAPX). Expense ratio: 0.83%. Management fee: 0.8%. Five year annual return: 14.77%. GMAPX is a Small Cap Blend mutual fund, allowing investors a way to diversify their funds among various types of small-cap stocks.

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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