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Make the Most of Your Retirement with These Top-Ranked Mutual Funds - July 03, 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.

How can you tell a good mutual fund from a bad one? It's pretty basic: if the fund is diversified, has low fees, and shows strong performance, it's a keeper. Of course, there's a wide range, but using our Zacks Rank, we've found three mutual funds that would be great additions to any long-term retirement investors' portfolios.

Let's break down some of the mutual funds with the highest Zacks Rank and the lowest fees.

Brown Advisory Growth Equity Investor (BIAGX - Free Report) : 0.84% expense ratio and 0.59% management fee. BIAGX 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. BIAGX has achieved five-year annual returns of an astounding 10.84%.

Janus Henderson Global Technology D (JNGTX - Free Report) is a stand out amongst its peers. With a much more diversified approach, JNGTX--part of the Sector - Tech mutual fund category--gives investors a way to own a stake in the notoriously risky tech sector. With five-year annualized performance of 16.75%, expense ratio of 0.81% and management fee of 0.64%, this diversified fund is an attractive buy with a strong history of performance.

MSIF Global Opportunity Portfolio IS (MGTSX - Free Report) is an attractive large-cap allocation. MGTSX 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. MGTSX has an expense ratio of 0.84%, management fee of 0.74%, and annual returns of 13.43% over the past five years.

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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