Fidelity Puritan is a straightforward balanced fund that benefits from robust research. Increased confidence in the strategy’s resources and its lead manager, who continues to build a record of thoughtful decision-making here, underscores a People Rating upgrade to Above Average. The Morningstar Analyst Rating on all share classes moves to Bronze from Neutral.
Will FPUKX 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 FPUKX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FPUKX 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 FPUKX’s parent organization’s priorities and whether they’re in line with investors’ interests.