Fidelity Advisor Materials retains a Morningstar Analyst Rating of Neutral across all share classes behind a new portfolio manager and retooled process.
Will FMFEX 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 FMFEX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FMFEX 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 FMFEX’s parent organization’s priorities and whether they’re in line with investors’ interests.