Strategic Advisers International Fund
Fidelity Rutland Square Trust II · Series S000029152 · 1 share classes
data updated 2026-08-17
Fund profile
As filed in the prospectus · 2026 Q2
Strategic Advisers International Fund seeks capital appreciation.
The fund seeks capital appreciation by allocating assets among sub-advisers and underlying funds that invest primarily in non-U.S. common stocks, including emerging markets, with diversification across countries, regions, market capitalizations, and investment styles. Day-to-day investment decisions are delegated to one or more sub-advisers, and the fund may invest indirectly through underlying funds rather than holding securities directly. The fund's allocation decisions rely on proprietary fundamental and quantitative research evaluating manager performance, experience, style, infrastructure, costs, and asset size.
| Share class | Gross | Net |
|---|---|---|
| FILFX | 0.66% | 0.41% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 45.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q1
| Stocks | 98.78% |
| Cash & short-term | 1.30% |
| Derivatives | 0.12% |
| Bonds | 0.07% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: RECKITT BENCKISER GROUP PLC, UNILEVER PLC, ICE FUTURES US, KIOXIA HOLDINGS CORPORATION, FIRST MAJESTIC SILVER CORP, QIAGEN NV, EDP S.A., BUREAU VERITAS SA
Largest exited: RECKITT BENCKISER GROUP PLC, UNILEVER PLC, ASTRAZENECA PLC, MRSH, ICE FUTURES US, QIAGEN NV, UST BILLS ×2
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-02-28
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Fidelity Salem Street Trust | 7.09% | $14.28 | $2.00B | 139.8M |
| — | Fidelity Salem Street Trust | 5.08% | $14.36 | $1.43B | 99.6M |
| — | Fidelity Investment Trust | 3.76% | $61.37 | $1.06B | 17.3M |
| — | ARTISAN PARTNERS FDS INC | 3.65% | $58.11 | $1.03B | 17.7M |
| — | ISHARES INC | 3.38% | $68.58 | $952.89M | 13.9M |
| — | Fidelity Investment Trust | 2.41% | $53.15 | $678.41M | 12.8M |
| — | STATE STR INVT TR | 2.12% | $1.00 | $597.79M | 597.8M |
| — | Fidelity Concord Street Trust | 1.78% | $13.59 | $502.33M | 37.0M |
| — | ASML HOLDING NV | 1.52% | $1,454.41 | $428.58M | 294.7K |
| — | INVESTMENT MANAGERS SER TR | 1.40% | $26.78 | $395.31M | 14.8M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-02-28 — not a live quote, and not what the fund paid.
Top 10 positions are 32.21% of net assets, top 25 43.69%, across 968 issuers.
See more of this fund's book
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