Taking a Closer Look at the Performance of fidelity magellan fund

Investing in mutual funds can be a great way to diversify your portfolio and potentially earn a solid return. One of the most well-known funds in the industry is the fidelity magellan fund. This fund has a long history of outperforming its peers and has been a favorite among investors for many years.

So let's take a closer look at the performance of the fidelity magellan fund. Over the past decade, the fund has delivered an average annual return of 11.62%. This is an impressive number considering the market's ups and downs over the past 10 years. In fact, the fund has outperformed the S&P 500 Index during this period.

One reason for the fund's strong performance is its focus on growth stocks. The fund's manager, Jeff Feingold, is known for his ability to identify companies with long-term growth potential. This strategy has paid off, as many of the fund's top holdings are technology companies that have seen significant gains in recent years.

In addition to performance, the fidelity magellan fund is also known for its low fees. The fund has an expense ratio of just 0.39%, which is significantly lower than many other actively managed funds.

Overall, the fidelity magellan fund is a solid choice for investors looking for a well-managed mutual fund with a track record of performance. While past performance is not a guarantee of future returns, the fund's focus on growth and low fees make it an attractive option for many investors. So if you're looking to add a mutual fund to your portfolio, be sure to consider the fidelity magellan fund.

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