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Fidelity Asset Manager® 70% FASGX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FASGX

Will FASGX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FASGX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FASGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of FASGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Portfolio Manager Change at Fidelity Advisor Asset Manager Series; Ratings Unaffected

null Nour Al Twal

Nour Al Twal

Analyst Note

Fidelity announced that Katherine (Katie) Shaw joined the management roster, replacing Geoff Stein on Fidelity Advisor Asset Manager series effective Nov. 1, 2023. Stein departed the series to focus on his role as CIO of Global Asset Allocation, which he started at the beginning of 2023. Shaw will be working closely with Avishek Hazrachoudhury, a manager on this strategy since 2018. Shaw joined Fidelity in 2007 and has held various roles in the consumer discretionary sector including a portfolio manager and a sector leader. This is a notable change, but the team continues to be well-staffed and appropriately supported by the firm’s resources. The changes to the management roster do not affect the fund’s Average People Pillar rating.

by Nour Al Twal
Published on

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