Fidelity Magellan Fund Class K (FMGKX)

Overview

The fund is designed for investors looking to diversify their investment portfolio across a broad spectrum of domestic and international stocks. It aims to strike a balance between growth and value investing, adapting its strategy according to the prevailing economic and market conditions. By employing a rigorous fundamental analysis, the fund evaluates the financial health, industry position, and potential for growth of each issuer it considers. This meticulous approach enables the fund to invest in a mix of securities that have the potential for high returns while managing the inherent risks of stock investments.

Products and Services

• Common Stocks Investment

  The fund's primary focus is on investing in common stocks of both domestic and foreign issuers, providing investors with the opportunity to participate in the equity markets worldwide. This includes companies from various sectors, offering diversification across different industries.

• Growth and Value Stocks

  Investments are made in both growth and value stocks, allowing the fund to balance between the pursuit of high growth potential and undervalued stocks with rebound potential. This dual approach enables the fund to navigate different market cycles with flexibility.

• Fundamental Analysis

  The core of the investment strategy is a deep fundamental analysis of each potential investment. This includes examining the issuer's financial condition, industry positioning, and the broader market and economic conditions. Such a comprehensive approach ensures that investments are made in companies with solid foundations and promising prospects.