Fidelity SAI Alt Rsk Pre Ccy Stgy (FRPCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.28

0.00 (0.00%)

At close: Oct 14, 2026

Fund Assets	54.28M
Expense Ratio	0.50%
Min. Investment	$0.00
Turnover	n/a
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	9.28
YTD Return	-3.73%
1-Year Return	-4.72%
5-Year Return	n/a
52-Week Low	8.98
52-Week High	9.78
Beta (5Y)	-0.08
Holdings	93
Inception Date	Dec 14, 2023

About FRPCX

Fidelity SAI Alternative Risk Premia Strategy Fund is a mutual fund that focuses on capturing alternative risk premia through a range of investment strategies. Its primary function is to construct a portfolio emphasizing currency exposure by employing long/short positions in foreign exchange forwards and other alternative risk premia strategies. The fund is designed for certain clients affiliated with Strategic Advisers LLC, reflecting its targeted distribution rather than broad public availability. Notable features include a diversified holdings structure, with a significant portion allocated to U.S. Treasury bills and cash equivalents, ensuring liquidity and stability. By targeting alternative risk premia, the fund seeks to provide a source of return that is distinct from traditional asset classes such as equities and fixed income. This approach positions the fund as a diversification tool within multi-asset portfolios, aiming to enhance risk-adjusted returns by exploiting inefficiencies across currency and related markets. Its role in the financial market is to offer institutional and select clients exposure to sophisticated investment techniques that typically seek uncorrelated returns relative to major asset classes.

Fund Family Fidelity

Category Multistrategy

Stock Exchange Nasdaq

Ticker Symbol FRPCX

Index Index is not provided by Management Company

Performance

FRPCX had a total return of -4.72% in the past year, including dividends. Since the fund's inception, the average annual return has been -2.60%.

Top 10 Holdings

105.66% of assets

Name	Symbol	Weight
UST BILLS 0% 06/04/2026	B.0 06.04.26	92.43%
Fidelity Revere Street Trust - Fidelity Cash Central Fund	n/a	11.91%
CITIBANK, N.A. - CINBFMR4 6/17/2026 FDS ETRS	n/a	0.37%
BANK OF AMERICA, N.A. - FX Forward: AUD/USD settle 2026-06-17	n/a	0.24%
BANK OF AMERICA, N.A. - FX Forward: NOK/USD settle 2026-06-17	n/a	0.23%
BANK OF AMERICA, N.A. - FX Forward: GBP/USD settle 2026-06-17	n/a	0.18%
BANK OF AMERICA, N.A. - FX Forward: GBP/USD settle 2026-06-17	n/a	0.10%
BANK OF AMERICA, N.A. - FX Forward: CAD/USD settle 2026-06-17	n/a	0.07%
BROWN BROTHERS HARRIMAN and CO. - FX Forward: NOK/USD settle 2026-06-17	n/a	0.07%
BANK OF AMERICA, N.A. - FX Forward: NZD/USD settle 2026-06-17	n/a	0.05%

View More Holdings