Morningstar Magazine - February/March 2018 - 63

Risk Control
Fidelity Growth Strategies keeps the risks
of mid-cap growth investing in check.

UNDISCOVERED MANAGER

Laura Lallos

In every issue, Undiscovered Manager profiles
a noteworthy strategy that hasn't yet been
rated by Morningstar Research Services' manager
research group.

An investment management internship in
the summer of 2000-as the dot-com bubble was
bursting-might have dissuaded some
students from pursuing a career in the field. Jean
Park was undaunted. After graduating from
Harvard with a bachelor's degree in economics,
she followed a clearly marked path to
portfolio management, starting with a job as

a high-yield analyst at Goldman Sachs, then
an MBA from Wharton.
"I'm one of those lucky people who figure
out at their first real job what they find interesting,"
Park says. That conviction ultimately led her to
a position at Fidelity as a financial-services analyst
in 2006-just in time for the financial crisis.
Again, the timing may have seemed inauspicious,
but it helped shape the investment philosophy
Park follows today: "My early experiences instilled
my focus on protecting the downside."
That philosophy is manifest in Fidelity Growth
Strategies FDEGX, which Park has run
since mid-2013. She aims to take less risk than
the fund's benchmark, the Russell Midcap
Growth Index, while earning competitive returns

Jean Park manages Fidelity Growth Strategies.

global.morningstar.com/Morningstarmagazine

63


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Table of Contents for the Digital Edition of Morningstar Magazine - February/March 2018

Contents
Morningstar Magazine - February/March 2018 - Cover1
Morningstar Magazine - February/March 2018 - Cover2
Morningstar Magazine - February/March 2018 - 1
Morningstar Magazine - February/March 2018 - 2
Morningstar Magazine - February/March 2018 - Contents
Morningstar Magazine - February/March 2018 - 4
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