Posted inHead To Head

HEAD-TO-HEAD: Fidelity vs NNIP

FSA compares the Fidelity Global Property Fund and the NN (L) Global Real Estate Fund.
by Francis Nikolai Acosta
Conclusion

123456

The Fidelity fund receives a Morningstar analyst rating of Neutral and a four-star rating, while the NN fund receives a higher analyst rating of Bronze and a two-star rating.

Morningstar’s analyst rating is a forward-looking analysis of a fund, while the star rating looks at historical risk-adjusted performance.

Van Genderen noted that this is the first time that the Fidelity fund was rated by Morningstar, while the NN fund’s current rating is a downgrade from Silver as it was not able to outperform the benchmark.

“Our conviction came down for the NN fund. We started at neutral with the fund but there may be possibly room for it to have a higher rating in the future,” he said.

Both funds may also cater to different kinds of investors, he added. For example, if investors want to have performance that is more in line with the market, one choice to consider is the NN fund. On the flipside, investors who are not afraid to move away from benchmark performance and can accept periods of high under- or out-performance, then the Fidelity fund may be a consideration.

123456

Related Stories

FSA SPY

The FSA Spy market buzz – 22 November 2024

Dimensional excludes the Middle Kingdom; JP Morgan’s optimistic outlook; Household wealth is rocketing; Schroders is thinking about privates; Ninety One’s pithy AI; German woes and much more.

Part of the Mark Allen Group.