Fidelity Emerging Asia’s inexperienced new manager implements an approach similar to his successful predecessor, earning the strategy a Morningstar Analyst Rating of Bronze for the cheaper share classes; the more expensive classes are downgraded to Neutral.
Fidelity Advisor® Emerging Asia C FERCX
NAV / 1-Day Return
62.40
/
1.84
%
Total Assets
1.5 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
2.030%
Expense Ratio
2.030%
Fee Level
Below Average
Longest Manager Tenure
1.75
years
Category
Pacific/Asia ex-Japan Stk
Investment Style
Large GrowthMin. Initial Investment
0
Status
Open
TTM Yield
0.00%
Turnover
110%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FERCX 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 FERCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FERCX 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 FERCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A promising new manager.
