Fidelity Small Cap Growth’s proven manager and below-average fees help its cheaper share classes keep Morningstar Analyst Ratings of Bronze but concerns about its high-turnover process drop its more expensive shares to Neutral.
Will FOCSX 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 FOCSX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FOCSX 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 FOCSX’s parent organization’s priorities and whether they’re in line with investors’ interests.