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3 Top-Ranked Mutual Funds for Your Retirement

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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, 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.

Let's learn about some of Zacks' highest ranked mutual funds with low fees you may want to consider.

If you are looking to diversify your portfolio, consider American Funds Fundamental Investors R6 (RFNGX). RFNGX is a Large Cap Blend fund, targeting companies with market caps of over $10 billion. These funds offer investors a stability, and are perfect for people with a "buy and hold" mindset. This fund is a winner, boasting an expense ratio of 0.28%, management fee of 0.24%, and a five-year annualized return track record of 14.77%.

T. Rowe Price Institutional Global Value Equity (PRIGX): 0.68% expense ratio and 0.63% management fee. PRIGX is a Global - Equity mutual fund. These funds invest in large markets like the U.S., Europe, and Japan, and operate with very few geographical limitations PRIGX, with annual returns of 13.3% over the last five years, is a well-diversified fund with a long track record of success.

Fidelity Focused Stock Fund (FTQGX - Free Report) . Expense ratio: 0.79%. Management fee: 0.68%. Five year annual return: 16.39%. FTQGX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks.

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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