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Strategic Advisers® Core Multi-Manager Fund (FLAUX)

13.72
Net Asset Value
+0.44%
1 Day
+5.13%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
1.11%
Expense Ratio
Below Average
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.

Performance

1 month+4.43% 3 years+13.08%
3 months+10.05% 5 years+14.83%
1 year+25.13% Since inception+14.83%
Data through --

Peer Comparisonvs. Large blend

 FLAUXCategory
Performance 5-yr return+14.83%+14.24%
Expense ratio1.11%0.99%
Risk 5 year sharpe ratio1.471.37
Net assets$56.0M$5.4B
Average market cap$94.7B$136.9B
Average P/E23.222.7
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--

Holdings

U.S. stock90.99%
Cash4.71%
International stock4.28%
Other0.02%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 7.81%
MSFT Microsoft3.59%
AAPL Apple3.09%
GOOG Google2.73%
BAC Bank of America1.95%
C Citigroup1.81%
CVX Chevron1.66%
NOC Northrop Grumman1.66%
PEP Pepsi1.65%
APD Air Products and Chemicals Inc1.59%