The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FIVFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FIVFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FIVFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
An unusual method has led to outstanding returns.
Gregg Wolper
Senior Analyst
Summary
Fidelity International Capital Appreciation's experienced manager implements an unusual strategy that has paid off over time.