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The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separat...
Fidelity Magellan FMAGX
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05.30.07Views:
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Description:
This fund has a Morningstar rating of 3 stars and is run by Harry Lange. Lange is a co-manager of Advisor Global Equity Fund; he has managed a portion of the Fund since 2002. He also manages Fidelity Magellan Fund. Since joining Fidelity Investments in 1987, Lange has worked as a research analyst, portfolio manager and director of research. Lange holds the Chartered Financial Analyst designation. Fidelity Magellan Fund is an open-end fund incorporated in the USA. The Fund's objective is capital appreciation. The Fund normally invests primarily in common stocks. It invests in domestic and foreign issuers. The Fund invests in either growth stocks or value stocks or both.Current Returns:
1-Year: 13.59%
3-Year: 10.06%
5-Year: 6.85%
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