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.