The rout in growth stocks hasn’t spared Fidelity Diversified International, but this moderate-growth offering run by a very experienced and knowledgeable manager retains its appeal. The retail version and most other vehicles of this strategy receive Morningstar Analyst Ratings of Bronze, with the K6 fund and the Z shares of the Advisor version receiving Silver.
Will FKIDX 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 FKIDX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FKIDX 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 FKIDX’s parent organization’s priorities and whether they’re in line with investors’ interests.