Founded in 1946, Fidelity Investments currently handles over 20 million accounts with assets exceeding $4.6 trillion. Fidelity is widely known for its mutual funds, retirement accounts, and workplace savings plans, making it an optimal choice for your own account. Currently, Fidelity operates two of the largest mutual funds in the world, Magellan Fund (MUTF:FMAGX) and Contrafund (MUTF:FCNTX), along with many other lucrative investing opportunities.
Fidelity funds are a natural choice for retirement portfolios because of their versatility, low cost and high quality. These three particular funds are the right picks for more conservative investors. More