Strategic Advisers® Core Multi-Manager Fund (FLAUX)

Net Asset Value
1 Day
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests primarily in common stocks. It normally invests primarily in securities of companies with large market capitalizations (which- for purposes of this fund- are those companies with market capitalizations similar to companies in the S&P 500- Index). The fund invests in domestic and foreign issuers. It invests directly in securities through one or more managers (sub-advisers) or indirectly in securities through one or more other funds- referred to as underlying funds- which in turn invest directly in securities.


1 month+3.08% 3 years+9.52%
3 months-5.98% 5 years+12.42%
1 year+15.06% Since inception+13.99%
Data through --

Peer Comparisonvs. Large blend

Performance 5-yr return+12.42%+11.72%
Expense ratio1.11%0.97%
Risk 5 year sharpe ratio1.191.11
Net assets$55.0M$5.3B
Average market cap$101.8B$125.1B
Average P/E21.721.5
Portfolio turnover151%151%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureJohn Stone / 6 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock93.66%
International stock1.84%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
MSFT Microsoft3.71%
AAPL Apple3.46%
GOOG Google3.04%
-- 3.02%
BAC Bank of America2.51%
AMZN Amazon2.07%
C Citigroup1.99%
NOC Northrop Grumman1.83%
V Visa1.70%
CVX Chevron1.55%