Fidelity Consumer Staples' untested new manager and approach warrant a Morningstar Analyst Rating of Neutral for the strategy's cheaper share classes, while pricier ones are Negative.
Will FDFAX 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 FDFAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FDFAX 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 FDFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.