Fidelity Magellan ETF (FMAG)
|Ex-Dividend Date||Dec 17, 2021|
|Day's Range||20.91 - 22.02|
|Inception Date||Feb 2, 2021|
The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a Tracking Basket, which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The fund normally invests primarily in equity securities. It invests in domestic and foreign issuers. The fund is non-diversified.
Top 10 Holdings35.10% of assets
|The Home Depot||HD||1.85%|
|Dec 17, 2021||$0.002||Dec 22, 2021|
|Sep 17, 2021||$0.001||Sep 22, 2021|
|Jun 18, 2021||$0.001||Jun 23, 2021|
|Mar 19, 2021||$0.004||Mar 24, 2021|
The storied Fidelity Magellan methodology, which now comes in an exchange traded fund wrapper, can be a starting point for investors considering where active management can fit in today's equity markets...
Fidelity Investment's flagship Magellan fund has helped investors reach their financial goals for decades. That time-tested, actively managed approach is now available as an exchange traded fund, offeri...
ETF Trends CEO Tom Lydon discussed the Fidelity Magellan ETF (FMAG) on this week's “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. The fund seeks long-term growth of capital.
The first half of 2021 brought a torrid pace of exchange traded funds debuts, with 200 rookie ETFs coming to market. As CFRA Research Director of ETF & Mutual Fund Research Todd Rosenbluth points out, m...
Fidelity recently turned its Magellan Fund and a few other strategies into actively managed ETFs, joining a growing trend in the fund arena.