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Boost Your Retirement Portfolio with These 3 Top Mutual Funds - April 23, 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.

Janus Henderson Global Technology S (JATSX - Free Report) : 1.22% expense ratio and 0.64% management fee. With a much more diversified approach, JATSX--part of the Sector - Tech mutual fund category--gives investors a way to own a stake in the notoriously risky tech sector. JATSX has achieved five-year annual returns of an astounding 16.35%.

Fidelity Select Medical Equipment & Systems (FSMEX - Free Report) : 0.72% expense ratio and 0.54% management fee. FSMEX is part of the Sector - Health category, offering investors a focus on the healthcare industry, one of the largest sectors in the American economy. FSMEX, with annual returns of 11.47% over the last five years, is a well-diversified fund with a long track record of success.

JPMorgan Large Cap Growth A (OLGAX - Free Report) is an attractive large-cap allocation. OLGAX 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. OLGAX has an expense ratio of 0.94%, management fee of 0.45%, and annual returns of 10.07% 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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