Matt Friedman has evolved his approach in his second stint as Fidelity Value Strategies' lead manager, but he has more to prove. The strategy merits a Morningstar Analyst Rating of Neutral across all share classes.
Will FASOX 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 FASOX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FASOX 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 FASOX’s parent organization’s priorities and whether they’re in line with investors’ interests.