Fidelity International Discovery's long-tenured, knowledgeable manager--backed by a large analyst corps--and a sound and flexible approach earn Analyst Rating upgrades to Silver under Morningstar's enhanced ratings system for the two Fidelity International Discovery share classes and the I and Z Advisor share classes. The costlier Advisor share classes remain at Bronze.
Will FCADX 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 FCADX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FCADX 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 FCADX’s parent organization’s priorities and whether they’re in line with investors’ interests.