Fidelity Magellan ETF (FMAG)

active-management growth multi-cap

This actively managed ETF aims to provide capital appreciation by investing in domestic and foreign equity securities. It leverages the legacy of Fidelity's renowned Magellan Fund in an ETF wrapper. The fund's flexible mandate allows its managers to pursue opportunities across various sectors and geographies. Its active approach could appeal to investors seeking the potential for outperformance through stock selection, combined with the transparency and tax efficiency of an ETF structure.