Fidelity Emerging Asia’s manager has less experience than many peers but uses a similar approach to his successful predecessor, earning the strategy a Morningstar Analyst Rating of Bronze for cheaper share classes while the more expensive are downgraded to Neutral.
Will FERCX 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 FERCX’s performance objective and investment process is for both security selection and portfolio construction.
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.
The Parent Pillar is our rating of FERCX’s parent organization’s priorities and whether they’re in line with investors’ interests.