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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] On January 14, 2008, Fidelity announced that the ...
A mutual fund is an investment that allows individuals to pool their money along with other investors and invest in a collection of securities such as stocks and bonds. Most mutual funds invest in ...
A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.
mfs.com. MFS Investment Management ( MFS) is an American-based global investment manager, formerly known as Massachusetts Financial Services . Founded in 1924, MFS is one of the oldest asset management companies in the world and has been credited with pioneering the mutual fund. [1] The first mutual fund, the Massachusetts Investors Trust fund ...
For this reason, and for the fact that it’s not fair to compare apples to oranges, here are the best-performing equity mutual funds with the highest five-year average returns as of May 1: Mutual ...
A mutual fund is a collection of assets held by multiple investors for the purpose of investing. The fund most often consists of a mixture of stocks, bonds, cash, and other securities, and is ...
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