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What do you think about Fidelity's Magelan Fund?


What do you think about Fidelity's Magelan Fund?

Magelan just simply mirrors the return of the S&P 500 (all large firms). The upside is that you can invest here and walk away knowing you'll beat 70% of all funds. The downside to it is that you wont get any exposure to small cap and mid-cap stocks. You also wont get any exposure to international stocks.

It has worked out well for me so far. I have had shares in my retirement account for almost 20 years.

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