With a style that's moderate and flexible, a deeply knowledgeable manager, and a supportive analyst corps, Fidelity International Discovery earns Morningstar Analyst Ratings of Bronze for all share classes except the costly advisor C shares, which are rated Neutral. For some, that is a downgrade from Silver (or Bronze for the C shares), resulting from Morningstar's enhanced ratings system.
Fidelity® International Discovery K6 FDKFX
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.
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 FDKFX 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 FDKFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FDKFX 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 FDKFX’s parent organization’s priorities and whether they’re in line with investors’ interests.