Fidelity Magellan Fund

Fidelity Magellan Fund

The Magellan Fund kickstarted as a small, aggressive capital appreciation fund created in 1963. It held mostly common stocks, investing in either growth stocks or value stocks or both. Today, it is possibly the world's best known actively managed mutual fund.

More About Fidelity Magellan Fund

  • The largest growth of the fund occurred under Peter Lynch's management with a growth in assets invested in the fund from $18 million to $14 billion during his tenure