FF - World: Qual. Rating Issued

A middling track record and more importantly an expensive fee base weaken the attraction of Fidelity Funds World.

Mark Laidlaw 22 December, 2009 | 6:03PM
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We have published a new Morningstar Qualitative Rating and Research Report for Fidelity Funds - World.

"This fund is slightly different as it invests in a range of underlying investment pools managed by Fidelity’s large army of portfolio managers. Although the fund is limited to internal offerings the sheer scope of Fidelity ensures the manager is not spoilt for choice. Richard Skelt, co-head of the firm’s Investment Solutions Group, is responsible for the manager selection. We see this as a positive as Skelt has a wealth of experience in this area and has the support of a well equipped and experienced team..."

The

pshot.aspx?tab=10&id=F0GBR04D1Y">full four page pdf report can be accessed here. It is free to users of Morningstar.co.uk.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Fidelity World A-Dis-EUR35.15 EUR2.05Rating

About Author

Mark Laidlaw  Mark Laidlaw is a senior analyst, manager research for Morningstar.

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