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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 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.

Let's break down some of the mutual funds with the top Zacks Mutual Fund Rank and the lowest fees.

If you are looking to diversify your portfolio, consider JHancock Disciplined Value NAV (JDVNX). JDVNX is a Large Cap Value fund. These funds invest in stocks with a market cap of $10 billion of more, but whose share prices do not reflect their intrinsic value. This fund is a winner, boasting an expense ratio of 0.59%, management fee of 0.57%, and a five-year annualized return track record of 12.51%.

American Funds Investor Company of America R1 (RICAX): 1.33% expense ratio and 0.23% management fee. RICAX 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. RICAX, with annual returns of 14.23% over the last five years, is a well-diversified fund with a long track record of success.

Goldman Sachs International Equity Insights Service Class (GCISX - Free Report) is an attractive large-cap allocation. GCISX is a Non US - Equity option, focusing their investments acoss emerging and developed markets, and can often extend across cap levels too. GCISX has an expense ratio of 1.3%, management fee of 0.75%, and annual returns of 10.96% 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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