Send to a Friend
Why does Fidelity Magellan Fund get a 3 star, "average" Morningstar 10 year rating?
)
November 2nd, 2010
Ten years ago, Fidelity Magellan fund shares were worth twice what they are today, so investments in their fund have lost an average of 5% every year. How does this merit a 3-star rating? Or are the ratings more meaningless sales hype?
http://www.google.com/finance?q=MUTF%3AFMAGX
Using Fluther
or
