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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.
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 ...
The Fidelity Money Market Fund invests in short-term securities to produce a high level of current income while maintaining stability and a high level of liquidity. The securities purchased may be ...
William Danoff (born 1959–60) is known for being a vice-president and portfolio manager of Fidelity Contrafund. [1] In 2016, at US$ 108 billion, Contrafund is one of the largest managed stock or bond mutual funds run by one person.
In turbulent times, investors would be well served considering the best Fidelity funds to buy now. Primarily, Fidelity represents an organization with a well-earned reputation for viability and ...
Asset manager Fidelity recently made huge waves in the so-called fee war when it decided to introduce zero-fee index funds. The duo of mutual funds — the Fidelity ZERO Total Market Index Fund ...
An asset management company (AMC) is an asset management / investment management company/firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives.
[Editor's note: "7 Best of the Best Fidelity Funds to Buy" was previously published in February 2019. It has since been updated to include the most relevant information available.]Many investors ...
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