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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. Contrafund's AUM ( assets under management) as of July 2015 total over 112 billion USD. As of 2015 Contrafund was the second-largest actively-managed mutual fund in the US ...
In fact, over time, the standard upfront sales charge for a mutual fund has dropped from a high of 8.5% in the 1990s to about 3% to 6% today. Many funds charge no load at all, and those that do ...
Some funds are hybrids that offer both growth and income, often from investing in dividend stocks that pay high yields. Mutual funds can increase in value, but they can also decrease in value. If ...
Here are four common myths about mutual funds that you should know. 1. Mutual Funds Are Diversified. While they are certainly more diversified than individual stocks, dumping all your assets into ...
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 ...
Capital Group Companies, Inc. Capital Group is an American financial services company. It ranks among the world's oldest and largest investment management organizations, with over $2.6 trillion in assets under management. Founded in Los Angeles, California in 1931, it is privately held and has offices around the globe in the Americas, Asia ...
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