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3 Great Mutual Fund Picks for Your Retirement

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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.

How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using the Zacks Mutual Fund Rank, we've found three mutual funds that would be great additions to any long-term investors' portfolios.

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 Invesco Value Opportunities R5 (VVONX). VVONX is a Large Cap Value mutual fund, which invests 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 0.72%, management fee of 0.59%, and a five-year annualized return track record of 19.03%.

Hartford Schroder Intl Multi Val R5 (HFYTX): 0.83% expense ratio and 0.7% management fee. HFYTX is a part of the Non US - Equity fund category, many of which will focus across all cap levels, and will typically allocate their investments between emerging and developed markets. HFYTX, with annual returns of 13.86% over the last five years, is a well-diversified fund with a long track record of success.

GMO-Usonian Japan Value Creation I (GMIIX - Free Report) . Expense ratio: 0.82%. Management fee: 0.65%. Five year annual return: 12.33%. GMIIX is a Japan - Equity mutual fund investing primarily in companies based in Japan. The country remains somewhat exposed to global economic trends with its export focus, while its lack of natural resources also can impact the nation.

There you have it. If your financial advisor had you put your money into any of our top-ranked funds, then they've got you covered. If not, you may need to talk.

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