Question
: Mutual Funds Directions: Many mutual fund sponsors have a large family of funds under management. One example of this is the Fidelity fund group.
: Mutual Funds Directions: Many mutual fund sponsors have a large family of funds under management. One example of this is the Fidelity fund group. Go to www.fidelity.com. Click on "Mutual Funds," right side of page under Investment Products. Select Explore our fund offering to see a list of mutual funds offered. Then click on "Domestic Equity" under Fidelity Mutual Funds in the center of the page. On the screen before you, you will see a list of domestic equity funds. One of the most famous (though certainly not the best) is the "Fidelity Magellan Fund (FMAGX)," so click on that. Record the following for the Magellan fund as you scroll down the page. 1-, 3-, 5-, 10-year returns Record the same for the "S&P Composite." How has Magellan done against the S&P Composite? Should investors be disappointed or pleased? Scroll down and record the first five of the "Top 10 Holdings." What percentage of the fund is invested in the United States? What is the "Percent Foreign Holdings?" Write a 1-2 page summary of your findings as it relates to this learning plan.
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