Each year, Morningstar Manager Research analysts introduce Morningstar Analyst Ratings for several equity strategies which weren't previously covered. Our analysts assess the merit of a fund's investment process, the strength and stability of its team, and other factors. Some strategies that are new to coverage are named Morningstar Medalists, defined as Bronze, Silver, or Gold ratings. Below is an assortment of previously unrated equity strategies that earned medals in 2019. Fidelity Advisor International Small Cap Opportunities FOPIX earned a Silver rating thanks to its thorough process, impressive team, and consistent success. Manager Jed Weiss has run the strategy since 2008 and focuses on competitive advantages and structural tailwinds as he builds his 130-150-stock portfolio, also relying on Fidelity's renowned global analyst team.