Twenty-year firm veteran Andy Ramer stepped down from his portfolio management duties at FMI Large Cap, FMI Common Stock, and FMI International on May 31. He is pursuing an opportunity at a smaller Wisconsin firm where he will have more autonomy than at the Milwaukee-based Fiduciary Management Incorporated. FMI's portfolio committee approach entails teamwide dialogue and debate about one’s stock picks and position sizing.
Morningstar’s Fund Analysis FMIMX
Will FMIMX 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 FMIMX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FMIMX 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 FMIMX’s parent organization’s priorities and whether they’re in line with investors’ interests.