Strategic Advisers® Fidelity® Alternatives Fund (FSAOX) Fund Details & Analysis

Fund Information

Fund Category Multistrategy

Fund Family Fidelity Investments

Fund Style Large

ISIN US31635R2803

CUSIP -

Inception Date -

Domicile -

Country USA

Fiscal Year End -

NAV Chart

Fund Metrics

Net Assets $2.56 Billion

Share Class Net Assets $-

Expense Ratio 1.27%

Expense Ratio Date -

Dividend Yield -%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 3.65%

1-Year Return -%

3-Year Return -%

5-Year Return -%

NAV $10.51

Previous Close Price $10.51

Last Update 2026-03-31

Dividend Information

Dividend Yield 0.01%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Strategic Advisers® Fidelity® Alternatives Fund

The fund manager seeks to provide shareholders with positive total returns over a complete market cycle (generally five to eight years) through multiple "alternative" or non-traditional strategies that may have positive, low or negative correlation to equity markets. Allocating a majority of the fund's assets among underlying Fidelity® funds and sub-advisers, as well as derivatives. The fund is non-diversified.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 34000.74%

Giant 10.49%

Large 15.64%

Medium 20.48%

Micro 2.65%

Small 8.70%

Value & Growth Metrics

Book-Value Growth % -46.11%

Cash-Flow Growth % 6.84%

Dividend Yield % 2.11%

Historical Earnings % 10.13%

Long-Term Earnings % 10.21%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	55.44%	61.38%	5.94%	86.54%	77.27%
Cash	-2.07%	95.48%	97.56%	104.96%	0.00%
Non US Stock	10.99%	28.67%	17.68%	23.17%	8.35%
Not Classified	6.79%	6.79%	0.00%	3.55%	0.00%
Other	5.98%	6.82%	0.84%	14.91%	2.01%
US Stock	22.87%	37.11%	14.24%	67.36%	12.37%

Top Holdings

Name	Weight	Owned	Change
No holdings data available

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	3.30%	23.64%	27.89%	0.00%
Bond Sector	Corporate	3.30%	8.47%	21.34%	18.76%
Bond Sector	Derivative	3.30%	30.06%	20.40%	0.00%
Bond Sector	Government	3.30%	34.24%	28.04%	52.48%
Bond Sector	Municipal	3.30%	0.08%	0.00%	0.03%
Bond Sector	Securitized	3.30%	3.51%	2.33%	28.74%
Cyclical	Basic Materials	5.85%	4.78%	0.00%	4.60%
Cyclical	Consumer Cyclical	9.52%	11.23%	0.00%	8.19%
Cyclical	Financial Services	17.76%	15.17%	0.00%	18.76%
Cyclical	Real Estate	3.29%	4.16%	0.00%	8.21%
Defensive	Consumer Defensive	7.29%	6.54%	0.00%	4.98%
Defensive	Healthcare	10.29%	10.74%	0.00%	8.87%
Defensive	Utilities	3.30%	3.84%	0.00%	3.13%
Sensitive	Communication Services	7.02%	6.21%	0.00%	4.78%
Sensitive	Energy	3.90%	5.13%	0.00%	4.82%
Sensitive	Industrials	17.12%	13.76%	0.00%	12.05%
Sensitive	Technology	14.66%	18.44%	0.00%	21.61%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.54%	0.91%	1.14%
Americas	North America	77.38%	59.89%	63.16%
Greater Asia	Asia Developed	1.89%	2.28%	5.29%
Greater Asia	Asia Emerging	1.29%	1.78%	4.18%
Greater Asia	Australasia	1.34%	2.62%	1.92%
Greater Asia	Japan	5.82%	10.97%	6.81%
Greater Europe	Africa/Middle East	0.36%	0.41%	1.26%
Greater Europe	Europe Developed	8.57%	15.80%	12.43%
Greater Europe	Europe Emerging	0.15%	0.50%	0.29%
Greater Europe	United Kingdom	2.68%	4.84%	3.52%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
No dividend history available

View the full dividend history for FSAOX.

Strategic Advisers® Fidelity® Alternatives Fund NMFQS:FSAOX