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Investing in Mutual Funds for Retirement: 3 Strong Buys

 
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Invest in 3 top-ranked mutual funds for retirement.

Description: A graph showing the performance of the top three MFS Mutual Funds that have a Zacks Mutual Fund Rank #1 (Strong Buy).

There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, you should start by looking at the Zacks Mutual Fund Rank. Below, we share with you three top-ranked MFS mutual funds. Each has a Zacks Mutual Fund Rank #1 (Strong Buy).

First up is the Pioneer Flexible Opportunities Fund (MUTF:PFOFX). The fund seeks long-term growth of capital by invest in a variety of asset classes, including both domestic and foreign stocks. It may also invest in bonds, money market instruments, and other securities. The fund's top holdings include Microsoft Corp, Apple Inc, and Amazon.com Inc.

Next is the Vanguard Mid-Cap Index Fund (MUTF:VIMAX). This fund seeks to track the performance of a benchmark index that measures the invest return of mid-sized companies. Its top holdings include JP Morgan Chase & Co, Alphabet Inc, and Visa Inc.

Lastly, the Fidelity Mid-Cap Growth Fund (MUTF:FIMGX) invest primarily in common stocks of mid-sized companies with the potential for growth. It may also invest in foreign securities and other invest. Its top holdings include Paychex Inc, Adobe Systems Inc, and Yum! Brands Inc.

Inflows into equity mutual funds surged in the month of January, aided by invest in small- and multi-cap funds. Net invest in equity and debt mutual funds jumped to Rs. 95,941 crore, compared to Rs. 2,664 crore in December.

If you've been stuck searching for Mutual Fund Equity Report funds, you might want to consider passing on by Pioneer Flexible Opportunities Fund, Vanguard Mid-Cap Index Fund, and Fidelity Mid-Cap Growth Fund. These three funds have a Zacks Mutual Fund Rank #1 (Strong Buy), and they have the potential to generate long-term growth of capital.

ETFs and index-tracker funds from Wall Street fund managers Vanguard and BlackRock's iShares are facing considerable potential losses, as the coronavirus pandemic continues to rattle global markets. invest should consider diversifying their portfolios with mutual funds and other invest, as these funds may help offset some of the market losses.

Cut back on stock and bond holdings, and focus on money market funds, C.D.s, Treasury bills and other options that are now offering high yields. These invest are generally low-risk, and they can help you maintain your desired level of portfolio liquidity.

The EDGAR database provides free public access to corporate information, allowing you to research a public company's financial information before invest in its mutual funds. This can help you make informed invest decisions and ensure that you are invest in funds with strong fundamentals.

When you invest and where matters for taxes. But a few rules of thumb can stave off some nasty surprises, our columnist says. For example, you should consider invest in tax-efficient mutual funds, such as index funds and ETFs. These funds are generally taxed at lower rates than other invest, and they can help you save money in the long run.

invest in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for invest looking to find the best funds for retirement. With the Zacks Mutual Fund Rank, you can find funds that have a proven track record and have the potential to generate long-term growth of capital.

Labels:
mutual fundsretirementinvestingzacks mutual fund rankpioneer flexible opportunities fundvanguard mid-cap index fundfidelity mid-cap growth fundetfsindex fundstax-efficient mutual funds

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