With a style that’s moderate and flexible, a deeply knowledgeable manager, and a supportive analyst corps, Fidelity International Discovery earns Morningstar Analyst Ratings of Bronze for all share classes except the costly Advisor C shares, which are rated Neutral. For some, that is a downgrade from Silver (or Bronze for the C shares), resulting from Morningstar’s enhanced ratings system.
Will FAIDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FAIDX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FAIDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FAIDX’s parent organization’s priorities and whether they’re in line with investors’ interests.