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Morningstar

Fidelity Advisor® Consumer Discret A FCNAX

Morningstar Analyst Rating
Analyst rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 34.36  /  2.60 %
  • Total Assets 412.2 Mil
  • Adj. Expense Ratio
    1.010%
  • Expense Ratio 1.010%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Consumer Cyclical
  • Investment Style Large Growth
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.00
  • Turnover 34%

USD | NAV as of Feb 02, 2023 | 1-Day Return as of Feb 02, 2023, 11:13 PM GMT+00:00

Morningstar’s Analysis FCNAX

Will FCNAX 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 FCNAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FCNAX 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 FCNAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A new manager settles in.

Analyst

Summary

| by Jader Dutra

Fidelity Consumer Discretionary's new manager has maintained the strategy's straightforward approach, though his limited track record makes it difficult to assess execution. It warrants a Morningstar Analyst Rating of Neutral across all share classes.

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