Strategic Advisers Value Fund
Data updated: 2020-10-16
C000089639 — Strategic Advisers Value Fund. Developed ex-US Large Cap Value Equity · $8.43B AUM. Holdings, fees, performance and SEC filings.
C000089639 Fund Overview
Strategic Advisers Value Fund is a US mutual fund managed by Fidelity Rutland Square Trust II, categorised as Developed ex-US Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Rutland Square Trust II
- Category: Developed ex-US Large Cap Value Equity
- Assets under management: $8.43B
- 1-year return: 1.3%
- SEC CIK: 0001364924
- SEC series ID: S000029157
- Share class ID: C000089639
C000089639 Investment Objective and Strategy
Strategic Advisers Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Fidelity Rutland Square Trust II.
Investment objective
The fund seeks capital appreciation.
Principal investment strategy
"Normally investing primarily in common stocks. Investing in companies that are believed to be undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called ""value"" stocks). Normally investing 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 Russell 1000 Value Index). Investing in domestic and foreign issuers. Implementing investment strategies by investing 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 (as described below).
Allocating assets among affiliated funds ( i.e., Fidelity funds) and non-affiliated funds that participate in Fidelity's FundsNetwork , and non-affiliated exchange traded funds (ETFs) (underlying funds) and sub-advisers. Allocating assets among underlying funds using proprietary fundamental and quantitative fund research, considering factors including fund performance, a fund manager's experience and investment style, fund company infrastructure, and fund characteristics such as expense ratio, asset size, and portfolio turnover. Allocating assets among sub-advisers considering factors including, but not limited to, a sub-adviser's investment approach, the characteristics of a sub-adviser's typical investment portfolio, and a sub-adviser's performance patterns in different market environments.
Pursuant to an exemptive order granted by the Securities and Exchange Commission (SEC), Strategic Advisers LLC (Strategic Advisers) is permitted, subject to the approval of the Board of Trustees, to enter into new or amended sub-advisory agreements with one or more unaffiliated sub-advisers without obtaining shareholder approval of such agreements. Subject to oversight by the Board of Trustees, Strategic Advisers has the ultimate responsibility to oversee the funds sub-advisers and recommend their hiring, termination, and replacement. In the event the Board of Trustees approves a sub-advisory agreement with a new unaffiliated sub-adviser, shareholders will be provided with information about the new sub-adviser and sub-advisory agreement."
C000089639 Performance
Total returns for C000089639 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 1.3% |
C000089639 Risk Information
Risk metrics for C000089639, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 26.2%
C000089639 Costs and Fees
C000089639 costs about $23 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.23%
- Gross expense ratio: 0.48%
- Portfolio turnover: 63%
- Brokerage commissions: 2.63 bps of average net assets (SEC N-CEN)
C000089639 Cashflows
Over the 12 months to 2020-08, Strategic Advisers Value Fund had net outflows of $1.12B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-08 | −$354.61M |
| 2020-07 | −$284.06M |
| 2020-06 | −$184.87M |
| 2020-05 | −$37.68M |
| 2020-04 | $104.26M |
| 2020-03 | $658.95M |
C000089639 Debt Constituents
No individual debt constituents are reported in Strategic Advisers Value Fund's latest SEC N-PORT filing.
C000089639 Prospectus and SEC Filings
Official Strategic Advisers Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-08-17
- Prospectus (485BPOS) — filed 2019-08-15
- Prospectus (485BPOS) — filed 2018-08-15
- Portfolio holdings (N-PORT) — filed 2020-10-16
- Portfolio holdings (N-PORT) — filed 2020-07-20
- Portfolio holdings (N-PORT) — filed 2020-04-24
- Annual census (N-CEN) — filed 2020-08-11
- Annual census (N-CEN) — filed 2019-08-13
Related Funds
Other Developed ex-US Large Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.