Fidelity Advisor Equity Value is disciplined but not dogmatic. That earns the fund’s cheapest share classes a Morningstar Analyst Rating of Bronze while the more expensive ones get Neutral.
Will FAVTX 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 FAVTX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FAVTX 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 FAVTX’s parent organization’s priorities and whether they’re in line with investors’ interests.