Fidelity Advisor Materials’ manager has ample basic materials sector expertise but has been in place for just two years, warranting a Morningstar Analyst Rating of Neutral across all share classes.
Fidelity Advisor® Materials M FMFTX
NAV / 1-Day Return
105.94
/
0.64
%
Total Assets
1.3 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.
1.360%
Expense Ratio
1.360%
Fee Level
Above Average
Longest Manager Tenure
2.20
years
Category
Natural Resources
Investment Style
Mid BlendMin. Initial Investment
0
Status
Open
TTM Yield
0.38%
Turnover
36%
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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 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.
Seasoned materials investor settling in.
