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3 Great Mutual Fund Picks 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 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.

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

Schwab MarketTrack Allocation Equity Portfolio (SWEGX) has a 0.38% expense ratio and 0.13% management fee. SWEGX is classified as an Allocation Balanced fund, which seeks to invest in a balance of asset types, like stocks, bonds, and cash, and including precious metals or commodities is not unusual. With yearly returns of 10.89% over the last five years, this fund clearly wins.

Fidelity Advisor Emerging Markets Z (FZAEX - Free Report) : 0.78% expense ratio and 0.77% management fee. FZAEX is a Non US - Equity fund. Many of these funds like to allocate across emerging and developed markets, and will often focus on all cap levels. With yearly returns of 10.42% over the last five years, FZAEX is an effectively diversified fund with a long reputation of solidly positive performance.

1290 Avantis US LargeCap Growth I (TNXIX) is an attractive large-cap allocation. TNXIX 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. TNXIX has an expense ratio of 0.65%, management fee of 0.5%, and annual returns of 12% 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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