Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Magellan Sails Again Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, January 14, 2008

Magellan Sails Again

Reported by Armie Margaret Lee

After being shut off to new investors for 10 years, Fidelity's Magellan Fund is reopening starting tomorrow.

Magellan has been closed to new accounts since September 30, 1997.

"I strongly believe that reopening the fund is the right step for Magellan's shareholders at this time," said Harry Lange, who has run the fund since October 2005, in a news release issued Monday morning.

"As Magellan always has had a flexible investment mandate, I'm very comfortable with the size of my investment universe, and -- thanks to the support I receive from Fidelity's analysts -- I've been fortunate to find great stocks here in the U.S. and abroad to include in the portfolio," Lange added.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use