Derek Janssen is back for a second stint on Fidelity Small Cap Value following the unexpected departure of manager Clint Lawrence in February 2021 after 13 years at the firm. His departure coupled with the likelihood of further manager changes warrant Morningstar Analyst Ratings of Neutral across all share classes.
Will FCVIX 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 FCVIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FCVIX 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 FCVIX’s parent organization’s priorities and whether they’re in line with investors’ interests.