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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 ]
In a reverse stock split, your current shares are exchanged for fewer shares. When the split occurs, the share price also changes automatically to reflect the exchange ratio. That is, regardless ...
Arista Networks completed a 4-for-1 stock split, payable Dec. 3, 2024. Palo Alto Networks initiated a 2-for-1 stock split, payable Dec. 13, 2024. There's a good reason investors are so enamored ...
In those cases, companies will sometimes do a reverse stock split, in which they exchange one share of stock at a higher price for several shares at the current, lower price. It is the opposite of ...
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.
Stock fund; F. Fidelity Contrafund; Fidelity Magellan Fund This page was last edited on 3 November 2023, at 22:00 (UTC). Text is available under the Creative Commons ...
For those scoring at home, Fidelity Magellan at $100 billion in 2000 -- 10 years after Lynch's retirement -- was too big. Even the fund's net assets of $17 billion today may be too unwieldy to ...
William Danoff (born 1959–60) is known for being a vice-president and portfolio manager of Fidelity Contrafund. [1] In 2016, at US$ 108 billion, Contrafund is one of the largest managed stock or bond mutual funds run by one person.