The funds in our "Magnificent Retirement Mutual Funds" list are among the best managed and best performing mutual funds available. If you are just finding out about our Top-Ranked Funds list, we welcome you!

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 take a look at some of the highest Zacks Ranked mutual funds with the lowest fees.

Victory Sycamore Established Value R6 (VEVRX Quick QuoteVEVRX - Free Report) : 0.58% expense ratio and 0.45% management fee. VEVRX is a Mid Cap Value fund, which usually invests in companies with a stock market valuation between $2 billion and $10 billion. VEVRX has achieved five-year annual returns of an astounding 10.51%.

Janus Henderson Research A (JRAAX Quick QuoteJRAAX - Free Report) : 0.89% expense ratio and 0.53% management fee. JRAAX 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. JRAAX, with annual returns of 10.73% over the last five years, is a well-diversified fund with a long track record of success.

VALIC Company I Mid Cap Strategic Growth (VMSGX Quick QuoteVMSGX - Free Report) is an attractive large-cap allocation. VMSGX is a Global - Equity mutual fund, which invests their assets in large markets, leveraging the global economy. VMSGX has an expense ratio of 0.8%, management fee of 0.69%, and annual returns of 10.57% 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.

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