Word: contrafund
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Dates: during 2000-2009
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...kind, has seen its assets shrivel to less than half its peak of $110 billion in 2000. It lost its biggest-fund title to the Vanguard Index 500 in April 2000, and isn't even Fidelity's largest fund today-it now trails the $56 billion Fidelity Contrafund. But Magellan remains by far the company's most visible-and hence most important-fund. During half of the years in the 1977-to-1990 tenure of the incomparable Peter Lynch, the fund recorded gains of more than 30%. To some of the company's core investors, Magellan is Fidelity...
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