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Make the Most of Your Retirement with These Top-Ranked Mutual Funds - February 28, 2020

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Our "Magnificent Retirement Mutual Funds" list includes some of the best managed and best performing funds around. If you're already invested in these, congratulations! But if you're just now discovering them, don't worry. When it comes to your retirement, it's never too late to start investing in the best.

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 our Zacks Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

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

Vanguard Capital Opportunity Admiral (VHCAX - Free Report) has a 0.37% expense ratio and 0.36% management fee. VHCAX 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. With yearly returns of 11.4% over the last five years, this fund clearly wins.

Fidelity Select Medical Equipment & Systems (FSMEX - Free Report) is a stand out amongst its peers. FSMEX is a Sector - Health mutual fund, which give investors an opportunity to focus on healthcare, one of the largest sectors of the American economy. With five-year annualized performance of 17.27%, expense ratio of 0.72% and management fee of 0.54%, this diversified fund is an attractive buy with a strong history of performance.

AB Small Cap Growth I (QUAIX - Free Report) : 0.9% expense ratio and 0.75% management fee. QUAIX is a Small Cap Growth mutual fund and tends to feature small companies in up-and-coming industries and markets. The fund is mainly invested in equities, has a long reputation of salutary performance, and has yearly returns of 14.05% over the last five years.

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.

Do You Know the Top 9 Retirement Investing Mistakes?

Investing in underperforming mutual funds is just one of the key errors that can derail your retirement plans.

To learn more, read our just-released report: 9 Retirement Mistakes You Need to Avoid.


In-Depth Zacks Research for the Tickers Above


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FIDELITY SEL MEDCL TECH&DEVIC (FSMEX) - free report >>

AB Small Cap Gr I (QUAIX) - free report >>

Vanguard Capital Opportunity Adm (VHCAX) - free report >>

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