Search results
Results from the WOW.Com Content Network
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]
According to Morningstar, Fidelity Magellan has underperformed 96% of the funds in its large growth category over the past five years. Investors probably should have seen this coming. But many didn't.
Peter Lynch (born January 19, 1944) [1] is an American investor, mutual fund manager, author and philanthropist.As the manager of the Magellan Fund [2] at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, [3] consistently more than double the S&P 500 stock market index and making it the best-performing mutual fund in the world.
Peter Lynch is The legendary former Fidelity Magellan fund manager and author of the pioneering book on investing “One Up On Wall Street,” which will celebrate its 35th anniversary next year ...
Lynch managed Fidelity’s Magellan Fund from 1977 to 1990 and delivered a stunning 29.2% compounded annual growth rate. That was double the S&P 500’s performance over the same period, which ...
Vinik managed the Fidelity Magellan Fund from 1992 to 1996, where he averaged 17% annual returns. [6] After leaving Fidelity, he started hedge fund Vinik Asset Management, with partners including Michael Gordon (now President of Fenway Sports Group). He made investors 93.8% in his first 11 months and approximately 50% a year for the next three ...
Peter Lynch headed up one of the most storied mutual fund successes of all time – Fidelity’s Magellan fund – and racked up a seriously good return. During his tenure from 1977 to 1990, Lynch ...
Fidelity Investment’s flagship Magellan fund has helped investors reach their financial goals for decades. That time-tested, actively managed approach is now available as an exchange traded fund ...