Strategic Advisers Fidelity International Fund
Fidelity Rutland Square Trust II · Series S000029153 · 1 share classes
data updated 2026-09-08
Fund profile
As filed in the prospectus · 2026 Q2
Strategic Advisers Fidelity International Fund seeks capital appreciation.
The fund invests primarily in non-U.S. securities, including emerging markets stocks, through a combination of sub-advisers who manage securities directly and underlying funds that hold securities indirectly. Strategic Advisers allocates assets among these sub-advisers and underlying funds using proprietary research to diversify across market capitalization, investment style, and geographic region. The fund normally allocates assets primarily to Fidelity funds and sub-advisers but may use affiliated or unaffiliated managers and funds.
| Share class | Gross | Net |
|---|---|---|
| FUSIX | 0.54% | 0.29% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 34.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.23% |
| Cash & short-term | 1.75% |
| Bonds | 0.23% |
| Derivatives | 0.23% |
Look-through blends 15 underlying funds; 14.624% of NAV was not looked through and stays direct-classified.
Latest quarter
What changed since the fund's previous filing
Largest new: ROCHE HOLDING AG, SK HYNIX INC, ICE FUTURES US, GENERALI, CONTEMPORARY AMPEREX TECHNOLOGY CO LTD, SOFTBANK GROUP CORP, VOLVO AB, DBS GROUP HOLDINGS LTD
Largest exited: ROCHE HOLDING AG, ICE FUTURES US, FUJIFILM HLDGS CORP, ALCON INC, HERMES INTL SCA, UNILEVER PLC, RELX PLC, SHOP
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
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 |
|---|---|---|---|---|---|
| FIWCX | Fidelity Salem Street TrustFIWCX | 14.95% | $14.40 | $10.91B | 757.9M |
| FZAIX | Fidelity Investment TrustFZAIX | 6.74% | $63.44 | $4.92B | 77.6M |
| FIONX | Fidelity Salem Street TrustFIONX | 6.57% | $19.12 | $4.80B | 250.8M |
| — | Fidelity Investment Trust | 6.52% | $54.12 | $4.76B | 87.9M |
| GVMXX | STATE STR INVT TRGVMXX | 5.88% | $1.00 | $4.29B | 4.3B |
| FSKLX | Fidelity Salem Street TrustFSKLX | 5.49% | $13.60 | $4.01B | 294.7M |
| — | Fidelity Investment Trust | 2.23% | $24.30 | $1.63B | 66.9M |
| FQITX | Fidelity Salem Street TrustFQITX | 1.72% | $14.90 | $1.26B | 84.2M |
| — | ASML HOLDING NV | 1.29% | $1,616.93 | $944.46M | 584.1K |
| FITMX | Fidelity Salem Street TrustFITMX | 1.11% | $20.25 | $807.30M | 39.9M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
Top 10 positions are 52.50% of net assets, top 25 63.06%, across 280 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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