Entities

  1. Home
  2. Entities
  3. Fidelity Magellan Fund

Fidelity Magellan Fund

Nickname
FMAGX
Entity Type
Fund
Link
Website
Industry
Financials
Location
United States
Founding Date
1963
Parent Entity
Fidelity Investments

The Magellan Fund kickstarted as a small, aggressive capital appreciation fund created in 1963. It held mostly common stocks, investing in either growth stocks or value stocks or both. Today, it is possibly the world's best known actively managed mutual fund.

ABOUT FMAGX

  • FMAGX is one of the world's best known actively managed mutual fund, known particularly for its record-setting growth under Peter Lynch's management.

  • The fund seeks capital appreciation on "growth" stocks or "value" stocks or a combination of both.

  • The fund relies on fundamental analysis of each issuer and its potential success in light of its current financial condition.

Warnings and Disclaimers

The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal financial situation - we are not investment advisors nor do we give personalized investment advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated an there is no obligation to update any such information.

Copyright Finnotes.org © 2018 - 2020