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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 ...
Peter Lynch (born January 19, 1944) is an American investor, mutual fund manager, author and philanthropist.As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than double the S&P 500 stock market index and making it the best-performing mutual fund in the world.
Fidelity Investments. 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 $4.9 trillion in assets under management, and, as of December ...
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 ...
A global leader in mutual funds, Fidelity performed marvellously in the first six months of 2021.
At Fidelity, a large group of investment professionals carry out extensive and in-depth research to provide potential investment avenues. 4 Best-Performing Fidelity Mutual Funds of Q3 Skip to main ...
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 ...
The minimum initial investment of the majority of Fidelity mutual funds ranges from $0 to $2,500.
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