FMAG
Fidelity Magellan ETF
📎 Investment Objective
The Fidelity Magellan ETF seeks to provide long-term capital appreciation by investing in a diversified portfolio of domestic and international equities.
Overview
ETF tracking Fidelity Magellan ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Magellan ETF seeks to provide long-term capital appreciation by investing in a diversified portfolio of domestic and international equities.
🎯 Investment Strategy
The ETF aims to achieve its objective by investing primarily in stocks of companies that the portfolio managers believe have strong growth potential. The fund's portfolio is actively managed, with the managers using fundamental research and quantitative analysis to identify attractive investment opportunities.
✨ Key Features
- Actively managed portfolio of domestic and international equities
- Focuses on companies with strong growth potential
- Diversified exposure across various sectors and market capitalizations
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's investments may fluctuate due to changes in the overall stock market
- Equity risk: The fund is subject to the risk that stock prices may decline, which could result in a loss of principal
- Foreign investment risk: Investments in non-U.S. securities may be subject to additional risks, such as currency fluctuations and political instability
- Active management risk: The fund's performance may deviate from the broader market if the portfolio managers' investment decisions do not perform as expected
👤 Best For
The Fidelity Magellan ETF may be suitable for long-term investors seeking exposure to a diversified portfolio of domestic and international equities with the potential for capital appreciation. Investors should have a moderate to high risk tolerance and a long-term investment horizon.