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Fidelity Management & Research Company (FMR LLC)
The Magellan Fund
Fact Sheet
Overview
Launched in 1963 as the Fidelity International Fund, Magellan was originally managed by Edward C. Johnson 3d, FMR LLC Chairman and CEO. Named by Fidelity founder, Edward C. Johnson 2d, the name "Magellan" helped characterize the fund as far ranging (as was the explorer) in its search for growth opportunities.
ASSETS UNDER MANAGEMENT
As of March 31, 2003	$54.2 billion
As of December 31, 2002	$56.8 billion
As of December 31, 2001	$79.5 billion
As of December 31, 2000	$93.1 billion
As of December 31, 1999	$105.9 billion
As of December 31, 1998	$83.6 billion
As of December 31, 1997	$63.8 billion
As of December 31, 1996	$54.0 billion
As of December 31, 1995	$53.7 billion
As of December 31, 1994	$36.4 billion
As of December 31, 1993	$31.7 billion
CLIENTS
Total billable accounts	5.6 million
MANAGERS
Robert Stansky	June 1996-present
Jeffrey Vinik	1992-May 1996
Morris Smith	1990-1992
Peter Lynch	1977-1990
Richard Habermann	1972-1977
Edward C. Johnson 3d	1963-1972
FUND HISTORY
Beginning assets for selected managers:
Start of Robert Stansky's tenure	$55.2 billion
Start of Jeffrey Vinik's tenure	$20.6 billion
Start of Morris Smith's tenure	$14.0 billion
Start of Peter Lynch's tenure	$0.02 billion
Closed to new investors	1965-1981
	September 30, 1997
LOCATION
The fund is managed in Boston, utilizing Fidelity's global network of research investment professionals.

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