Fidelity Growth Discovery enjoys parental and personnel edges over its competition. Under Morningstar's enhanced ratings methodology, these advantages lead to both of its share classes earning Morningstar Analyst Rating upgrades to Bronze from Neutral.
Will FGDKX 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 FGDKX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FGDKX 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 FGDKX’s parent organization’s priorities and whether they’re in line with investors’ interests.