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3 Top-Performing Mutual Funds to Consider for Your Retirement Portfolio

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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.

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.

MFS Blended Research Core Equity R4 (MUEUX - Free Report) : 0.49% expense ratio and 0.4% management fee. MUEUX is part of the Large Cap Blend section, and these mutual funds most often invest in firms with a market capitalization of $10 billion or more. By investing in bigger companies, these funds offer more stability, and are often well-suited for investors with a "buy and hold" mindset. MUEUX has achieved five-year annual returns of an astounding 10.71%.

ProFunds Semicond UltraSector Investor (SMPIX - Free Report) is a stand out amongst its peers. SMPIX is a Sector - Tech mutual fund, allowing investors to own a stake in a notoriously volatile sector with a much more diversified approach. With five-year annualized performance of 21.11%, expense ratio of 1.44% and management fee of 0.75%, this diversified fund is an attractive buy with a strong history of performance.

American Funds Washington Mutual Investors F2 (WMFFX - Free Report) . Expense ratio: 0.37%. Management fee: 0.22%. Five year annual return: 10.59%. WMFFX is a part of the Large Cap Value category, and invests in equities with a market capitalization of $10 billion or more, but whose share prices do not reflect their intrinsic value.

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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