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These 3 Top-Ranked Mutual Funds Will Help Boost Your Retirement Portfolio October 01, 2020

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If you're invested in any of the funds in our "Magnificent Retirement Mutual Funds" list, congratulations on owning some of the best managed and top-performing mutual funds. If you are lucky enough to discover our list of Top-Ranked Funds for the first time, it's never too late to start investing with the best, especially when it comes to your retirement.

Great performance, diversification, and low fees: it's a pretty simple formula for a great mutual fund. Some are better than others, but utilizing our Zacks Rank, we have identified three mutual funds that would make great additions to long-term investors' portfolios.

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

T. Rowe Price Blue Chip Growth Adviser (PABGX - Free Report) : 0.96% expense ratio and 0.55% management fee. PABGX is a Large Cap Growth option; these mutual funds purchase stakes in numerous large U.S. companies that are expected to develop and grow at a faster rate than other large-cap stocks. With annual returns of 15.88% over the last five years, this fund is a winner.

MSIF Global Quality Portfolio I (MGQIX - Free Report) is a stand out amongst its peers. MGQIX is a Global - Equity mutual fund. These funds invest in large markets like the U.S., Europe, and Japan, and operate with very few geographical limitations. With five-year annualized performance of 11.72%, expense ratio of 0.9% and management fee of 0.7%, this diversified fund is an attractive buy with a strong history of performance.

Dreyfus/Boston Small/Mid-Cap Growth I (SDSCX - Free Report) . Expense ratio: 0.74%. Management fee: 0.6%. Five year annual return: 16.43%. SDSCX is a Mid Cap Growth mutual fund. These funds aim to target companies with a market capitalization between $2 billion and $10 billion that are also expected to exhibit more extensive growth opportunities for investors than their peers.

There you have it. If your financial advisor had you put your money into any of our "Magnificent Retirement Mutual Funds," then they've got you covered. If not, you may need to talk.

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.

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