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Make the Most of Your Retirement with These Top-Ranked Mutual Funds

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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.

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

American Century Global Gold Investor (BGEIX - Free Report) : 0.66% expense ratio and 0.65% management fee. BGEIX is classified as a Sector - Precious Metal fund, and these mutual funds invest in stocks with a focus on the mining and production of precious metals like gold, silver, platinum, and palladium. BGEIX has achieved five-year annual returns of an astounding 24.08%.

MFS Blended Research Core Equity R2 (MUESX): 0.99% expense ratio and 0.25% management fee. MUESX is classified as a Large Cap Blend fund. More often than not, Large Cap Blend mutual funds invest in companies with a market cap of over $10 billion. Buying stakes in bigger companies offer these funds more stability, and are well-suited for investors with a "buy and hold" mindset. With yearly returns of 15.1% over the last five years, MUESX is an effectively diversified fund with a long reputation of solidly positive performance.

Nuveen Quant SMid-Cap Eq W (TSMUX): 0.46% expense ratio and 0.43% management fee. TSMUX 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 13.38% over the last 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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