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The Fidelity Magellan Fund ( Mutual fund: FMAGX) is a U.S.-domiciled mutual fund from the Fidelity family of funds. [1] It is perhaps the world's best-known actively managed mutual fund, known particularly for its record-setting growth under the management of Peter Lynch from 1977 to 1990. [2] On January 14, 2008, Fidelity announced that the ...
After a stint in the US Army, he became a research analyst at Fidelity Investments in 1957, a company founded by his father in 1949. He later became the portfolio manager for the Fidelity Trend Fund in 1960 and ran the famous Fidelity Magellan Fund from 1963 to 1977. He then became president of the company in 1972, and chairman and CEO in 1977.
Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, index funds, wealth management, securities execution and clearance, asset custody, and life insurance.
T. Rowe Price Dividend Growth Fund (PRDGX) This actively managed fund looks for companies with sustainable above-trend growth in sales and earnings that could allow them to raise their dividends ...
Fidelity's best index funds feature low costs and good growth potential. Here are some of the top performers that are worth considering as retirement investments.
Mutual Fund Report for FTRNX. For premium support please call: 800-290-4726 more ways to reach us
Fidelity Contrafund (symbol FCNTX) is a mutual fund operated and provided by Fidelity Investments. Its current manager is William Danoff, who has headed the fund since 1990.
Fidelity ® Nasdaq Composite Index ® Tracking Stock Fund Declares Quarterly Income Dividend BOSTON--(BUSINESS WIRE)-- Fidelity Investments® announced today that the Fidelity® Nasdaq Composite ...