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3 Top-Ranked Mutual Funds for Your Retirement - January 31, 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.

MFS Global New Discovery I (GLNIX - Free Report) : 1.26% expense ratio and 0.98% management fee. GLNIX is a Global - Equity mutual fund investing in bigger markets like the U.S., Europe, and Japan; these kinds of funds aren't limited by geography. GLNIX has achieved five-year annual returns of an astounding 11.21%.

Victory Sycamore Established Value I (VEVIX - Free Report) : 0.61% expense ratio and 0.45% management fee. VEVIX is a Mid Cap Value mutual funds that aims to target medium-sized companies that possess strong value and income opportunities for investors. With yearly returns of 10.46% over the last five years, VEVIX is an effectively diversified fund with a long reputation of solidly positive performance.

Janus Henderson Enterprise A (JDMAX - Free Report) is an attractive large-cap allocation. JDMAX 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. JDMAX has an expense ratio of 1.11%, management fee of 0.64%, and annual returns of 12.8% over the past five years.

So, there you have it - if your advisor has you invested in any of our "Magnificent Retirement Mutual Funds," they are certainly earning their keep. If not, you may want to look elsewhere.

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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