Fidelity Select Technology portfolio manager Brian Lempel departed the firm effective Jan. 18, 2022, and has been replaced by Adam Benjamin. This continues a trend of personnel turnover for the strategy and keeps its Morningstar Analyst Rating at Neutral and People rating at Average.
Will FSPTX 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 FSPTX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FSPTX 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 FSPTX’s parent organization’s priorities and whether they’re in line with investors’ interests.