Posted inHead To Head

HEAD-TO-HEAD: Fidelity versus Loomis Sayles

FSA compares two US equity products: the Fidelity America Fund and the Loomis Sayles US Growth Equity Fund.
by Rupert Walker

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Fees

Fund research firm Morningstar pays a lot of attention to management charges and expenses, and share classes that charge excessive fees are typically assigned lower ratings.

The ongoing charges fee (OCF) for the Hong Kong retail share class of the Fidelity fund is 1.89%, which is in its Morningstar category’s middle quintile. Morningstar thinks it is unlikely that the share class will be able to deliver positive alpha relative to the category benchmark index, explaining its analyst rating of neutral.

The OCF for the Loomis Sayles fund is lower at 1.75%, but still in its Morningstar category’s middle quintile. However, Morningstar believes that it will be able to deliver positive alpha relative to the category benchmark index, explaining its analyst rating of silver.

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