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Morningstar

Fidelity® Agricultural Productivity FARMX Fund Analysis

Morningstar Analyst Rating
| Quantitative rating as of

Morningstar’s Analysis FARMX

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

People Pillar

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

Summary

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Fidelity® Agricultural Productivity’s strong process and parent firm support this strategy's Morningstar Quantitative Rating of Bronze. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

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