Fidelity Select Industrials and Fidelity Advisor Industrials' third-year manager employs an unproven approach that keeps the strategy’s Morningstar Analyst Ratings at Neutral for most share classes, while its priciest share class drops to Negative.
Fidelity Advisor® Industrials I FCLIX
NAV / 1-Day Return
33.97
/
0.18
%
Total Assets
505.2 Mil
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.
0.760%
Expense Ratio
0.760%
Fee Level
Below Average
Longest Manager Tenure
3.47
years
Category
Industrials
Investment Style
Mid BlendMin. Initial Investment
0
Status
Open
TTM Yield
0.00%
Turnover
205%
Premium
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 FCLIX 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 FCLIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FCLIX 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 FCLIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
The strategy’s frequent repositioning hasn’t paid off thus far.
