FRPCX Performance — Fidelity SAI Alternative Risk Premia Strategy Fund
Data updated: 2026-10-13
FRPCX returned −3.92% year to date and −3.63% over one year to Jul 2026. Over one year the fund trailed its Ultrashort Government Bond category average: $100 grew to $96, against $97 for the category. Volatility over the past 12 months was 5.00% a year. In the 12 months to Jul 2026 the fund took in a net $36.3M, and assets reached $74.90M.
FRPCX Growth of $100
What $100 invested in Fidelity SAI Alternative Risk Premia Strategy Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Government Bond category average over the same months.
| Period | FRPCX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $96 | $97 |
| Since data start (Jan 2024 – Jul 2026) | $93 | $114 |
FRPCX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −3.92% |
| 1 year | −3.63% |
| 3 years (annualised) | −2.70% |
FRPCX Annual Returns
Calendar-year total returns of Fidelity SAI Alternative Risk Premia Strategy Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −3.92% |
| 2025 | −6.15% |
| 2024 | +3.33% |
FRPCX 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 | −1.5% | +0.3% | −2.4% | −2.6% | −0.4% | +2.3% | +0.3% | — | — | — | — | — |
| 2025 | +1.3% | −1.4% | −0.2% | −4.5% | −1.9% | −1.4% | +1.7% | +1.4% | −0.3% | +0.1% | +0.4% | −1.2% |
| 2024 | −0.9% | +1.1% | +2.3% | +0.9% | −3.2% | +0.5% | +0.9% | −6.7% | +1.5% | +2.1% | +1.8% | +3.4% |
FRPCX Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 5.00%
- Best month: +2.33% (Jun 2026)
- Worst month: −2.58% (Apr 2026)
FRPCX Fund Flows
Monthly money in and out of Fidelity SAI Alternative Risk Premia Strategy Fund, from SEC Form N-PORT.
- 12-month net flow: $36.3M
- 12-month gross sales (incl. reinvestments): $94.9M
- Sales ÷ redemptions: 1.62×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $0 | $0 |
| Jun 2026 | $0 | $0 | $0 |
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $31.0M | −$31.0M |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $23.5M | $0 | $23.5M |
| Jan 2026 | $20.0M | $0 | $20.0M |
| Dec 2025 | $11.0M | $0 | $11.0M |
| Nov 2025 | $11.5M | $0 | $11.5M |
| Oct 2025 | $2.0M | $0 | $2.0M |
| Sep 2025 | $12.5M | $27.5M | −$15.0M |
| Aug 2025 | $14.4M | $0 | $14.4M |
FRPCX Assets Under Management
Net assets of Fidelity SAI Alternative Risk Premia Strategy Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $74.90M |
| 2026-04-30 | $73.32M |
| 2026-01-31 | $85.30M |
| 2025-10-31 | $44.54M |
| 2025-07-31 | $42.55M |
| 2025-04-30 | $59.78M |
| 2025-01-31 | $63.62M |
| 2024-10-31 | $40.64M |
| 2024-07-31 | $42.08M |
| 2024-04-30 | $42.85M |
| 2024-01-31 | $111.73M |
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.