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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 ...
As of Oct. 9, the S&P 500 index had returned 15.73% in 2021. In contrast, the Fidelity 500 Index Fund — which Fidelity says is designed to track the S&P 500 — reported a year-to-date gain of ...
At the end of 2021, Fidelity had over $2 trillion in assets under management. Many retail investors include mutual funds as well exchange-traded funds (ETFs) offered by Fidelity in their long-term ...
Last week, S&P Capital IQ announced the finalists for its second annual U.S. Mutual Fund Excellence Awards Program. Thirty actively managed mutual funds made the cut in 10 different asset-class ...
Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts.. Established in 1946, the company is one of the largest asset managers in the world, with $5.4 trillion in assets under management, and $14.1 trillion in assets under administration, as of June 2024, [4] Fidelity Investments ...
Edward C. Johnson II. Edward Crosby "Ned" Johnson III (June 29, 1930 – March 23, 2022) was an American billionaire businessman who, along with daughter Abigail Johnson, owned and ran Fidelity Investments and Fidelity International until his death in March 2022. In April 2021, his net worth was estimated at US$8.2 billion.
These are the best-performing Fidelity funds for retirement over the past decade. Recent stock market volatility probably has your investments pretty shaken up. So shaken up, your portfolio may ...
Gerald Tsai Jr. ( Chinese: 蔡至勇; pinyin: Cài Zhìyǒng; March 10, 1929 – July 9, 2008) [ 1][ 2] was an investor and philanthropist who helped build Fidelity Investments into a mutual fund powerhouse. [ 4][ 5] After starting Fidelity Investments ' first publicly sold aggressive growth fund in 1958, the Fidelity Capital Fund, he later ...