FAUDX Performance — Strategic Advisers Short Duration Fund
Data updated: 2026-08-12
FAUDX returned +0.96% year to date and +3.91% over one year to May 2026. Annualised returns are +5.07% over 3 years and +3.21% over 5 years. The fund trailed its Conservative Allocation category average: $100 invested three years ago grew to $116, against $131 for the category, and to $104 over one year, against $111. Volatility over the past three years was 0.82% a year. In the 12 months to May 2026 the fund took in a net $938.2M, and assets reached $4.75B.
FAUDX Growth of $100
What $100 invested in Strategic Advisers Short Duration Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Conservative Allocation category average over the same months.
| Period | FAUDX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $111 |
| 3 years (Jun 2023 – May 2026) | $116 | $131 |
| 5 years (Jun 2021 – May 2026) | $117 | $125 |
| Since data start (Sep 2019 – May 2026) | $121 | $140 |
FAUDX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.96% |
| 1 year | +3.91% |
| 3 years (annualised) | +5.07% |
| 5 years (annualised) | +3.21% |
FAUDX Annual Returns
Calendar-year total returns of Strategic Advisers Short Duration Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.96% |
| 2025 | +4.95% |
| 2024 | +5.65% |
| 2023 | +5.83% |
| 2022 | −0.96% |
| 2021 | +0.03% |
| 2020 | +2.54% |
| 2019 (Sep–Dec) | +0.75% |
FAUDX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.4% | +0.5% | −0.5% | +0.3% | +0.2% | — | — | — | — | — | — | — |
| 2025 | +0.4% | +0.5% | +0.4% | +0.4% | +0.3% | +0.5% | +0.3% | +0.7% | +0.4% | +0.4% | +0.4% | +0.3% |
| 2024 | +0.6% | +0.2% | +0.5% | +0.2% | +0.6% | +0.5% | +0.7% | +0.7% | +0.7% | 0.0% | +0.5% | +0.4% |
| 2023 | +1.0% | 0.0% | +0.4% | +0.5% | +0.2% | +0.2% | +0.5% | +0.5% | +0.4% | +0.4% | +0.8% | +0.8% |
| 2022 | −0.3% | −0.4% | −0.6% | −0.2% | +0.1% | −0.5% | +0.4% | +0.1% | −0.5% | −0.1% | +0.6% | +0.5% |
| 2021 | +0.1% | −0.1% | −0.1% | +0.1% | 0.0% | 0.0% | 0.0% | 0.0% | −0.1% | −0.2% | −0.1% | 0.0% |
| 2020 | +0.4% | +0.4% | −2.1% | +1.6% | +0.7% | +0.7% | +0.3% | +0.2% | +0.1% | +0.1% | +0.2% | +0.2% |
| 2019 | — | — | — | — | — | — | — | — | +0.2% | +0.3% | +0.1% | +0.2% |
FAUDX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 0.82%
- 3-year Sharpe ratio: 0.70 (vs 4.5% risk-free rate)
- Best month: +0.82% (Dec 2023)
- Worst month: −0.47% (Mar 2026)
FAUDX Fund Flows
Monthly money in and out of Strategic Advisers Short Duration Fund, from SEC Form N-PORT.
- 12-month net flow: $938.2M
- 12-month gross sales (incl. reinvestments): $3.2B
- Sales ÷ redemptions: 1.42×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $896.2M | $116.6M | $779.6M |
| Apr 2026 | $839.4M | $98.8M | $740.6M |
| Mar 2026 | $69.1M | $117.6M | −$48.5M |
| Feb 2026 | $169.1M | $154.0M | $15.1M |
| Jan 2026 | $448.4M | $241.2M | $207.3M |
| Dec 2025 | $88.3M | $233.8M | −$145.5M |
| Nov 2025 | $68.7M | $109.1M | −$40.4M |
| Oct 2025 | $75.3M | $105.9M | −$30.6M |
| Sep 2025 | $78.6M | $363.5M | −$284.9M |
| Aug 2025 | $94.6M | $93.9M | $673K |
| Jul 2025 | $91.3M | $92.5M | −$1.2M |
| Jun 2025 | $235.6M | $489.6M | −$254.0M |
FAUDX Assets Under Management
Net assets of Strategic Advisers Short Duration Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $4.75B |
| 2026-02-28 | $3.30B |
| 2025-11-30 | $3.23B |
| 2025-08-31 | $3.58B |
| 2025-05-31 | $3.83B |
| 2025-02-28 | $3.57B |
| 2024-11-30 | $4.40B |
| 2024-08-31 | $4.40B |
| 2024-05-31 | $4.58B |
| 2024-02-29 | $4.07B |
| 2023-11-30 | $4.06B |
| 2023-08-31 | $4.38B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.