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Morningstar

Fidelity Advisor® Materials M FMFTX

Morningstar Analyst Rating
Analyst rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 100.81  /  1.97 %
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    1.290%
  • Expense Ratio 1.290%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Natural Resources
  • Investment Style Mid Blend
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.58%
  • Turnover 43%

USD | NAV as of Feb 07, 2023 | 1-Day Return as of Feb 07, 2023, 11:20 PM GMT+00:00

Morningstar’s Analysis FMFTX

Will FMFTX 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 FMFTX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FMFTX 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 FMFTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Another manager change doesn't alter this fund's rating.

Senior Analyst

Summary

| by Todd Trubey

Fidelity Advisor Materials is going through another manager change, so its style will shift slightly. The solid people and reasonable process remain largely the same, however, warranting a renewed Morningstar Analyst Rating of Neutral across all share classes.

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