FSLTX — Strategic Advisers Alternatives Fund
Data updated: 2026-07-24
FSLTX — Strategic Advisers Alternatives Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Multi-Cap / All-Cap Equity · $2.71B AUM · 1.56% expense ratio · 10.6% 1-yr return. From SEC regulatory filings.
FSLTX Fund Overview
FSLTX — Strategic Advisers Alternatives Fund is a US mutual fund managed by Fidelity Rutland Square Trust II, categorised as United States Multi-Cap / All-Cap 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: United States Multi-Cap / All-Cap Equity
- Assets under management: $2.71B
- 1-year return: 10.6%
- Ticker: FSLTX
- SEC CIK: 0001364924
- SEC series ID: S000076543
- Share class ID: C000236518
FSLTX Holdings
Top 10 holdings of Strategic Advisers Alternatives Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Greenwood Street Trust | 21.35% |
| Blackrock Fds | 11.25% |
| Eaton Vance Mut Fds Tr | 10.07% |
| Stone Ridge Tr | 8.07% |
| Bank Of New York Mellon Employee Benefit Collective Invt Fd Plan. | 6.88% |
| State Str Invt Tr | 6.61% |
| Merger Fund | 5.61% |
| Bank Of New York Mellon Employee Benefit Collective Invt Fd Plan. | 4.65% |
| Fidelity Colchester Street Trust | 4.21% |
| Bank Of New York Mellon Employee Benefit Collective Invt Fd Plan. | 2.99% |
FSLTX Portfolio Allocation
Asset-class allocation of Strategic Advisers Alternatives Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 94.0% |
| Cash & Equivalents | 0.8% |
| Fixed Income | 0.8% |
| Derivatives | 0.7% |
| Securitized | 0.6% |
FSLTX Performance
Total returns for FSLTX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.2% |
| 1 year | 10.6% |
| 3 years (annualised) | 7.4% |
FSLTX Risk Information
Risk metrics for FSLTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.7%
FSLTX Costs and Fees
FSLTX costs about $156 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.56%
- Gross expense ratio: 1.81%
- Portfolio turnover: 109%
- Brokerage commissions: 1.26 bps of average net assets (SEC N-CEN)
FSLTX Cashflows
Over the 12 months to 2026-02, Strategic Advisers Alternatives Fund had net outflows of $586.65M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | −$3.07M |
| 2026-01 | $22.44M |
| 2025-12 | $18.54M |
| 2025-11 | −$57.05M |
| 2025-10 | −$30.84M |
| 2025-09 | $4.83M |
FSLTX Debt Constituents
Largest debt holdings of Strategic Advisers Alternatives Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| National Bank Of Hungary | 0.07% |
| Ust Bills | 0.05% |
| Ust Bills | 0.05% |
| Fidelity National Information Services, Inc. | 0.03% |
| Hca, Inc. | 0.03% |
| Kuntarahoitus Oyj | 0.03% |
| Bmw US Capital LLC | 0.03% |
| Rabobank Nederland New York Brh | 0.03% |
| Royal Bank Of Canada | 0.03% |
| Swedbank Ab | 0.02% |
FSLTX Prospectus and SEC Filings
Official Strategic Advisers Alternatives Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Multi-Cap / All-Cap 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.