Although Fidelity Magellan K6's manager has just one year at the helm, his long experience elsewhere and unusual approach put this fund on solid ground. Its Morningstar Analyst Rating is Bronze.
Will FMKFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMKFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FMKFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FMKFX’s parent organization’s priorities and whether they’re in line with investors’ interests.