Fidelity Korea - Neutral

FUND RESEARCH UPDATE: Fund rating moved from Under Review to Neutral

Morningstar Analysts 13 May, 2015 | 7:34AM
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We have moved the Morningstar Analyst Rating™ of the Fidelity Korea fund to Neutral from Under Review following a change in the portfolio manager. Meeyoung Kim, who has 15 years of experience in the Korean equity markets, 10 with Fidelity, took over as manager in November 2014. She has had four years of portfolio management experience in onshore funds, which have slightly different constraints. Although generally this fund has a sensible investment process, we think the strategy would benefit from a more appropriate benchmark that helps mitigate UCITS compliance issues.

See the latest Morningstar fund rating news here.

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