Strategic Advisers® Income Opportunities Fund of Funds

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 4.45 0.6 3.85
Stocks 4.18 0.0 4.18
Bonds 67.96 0.0 67.95
Other 2.55 0.01 2.54
Foreign Bonds 19.0 0.06 18.93
Foreign Stocks 0.78 0.0 0.78
Convertible 0.5 0.0 0.5
Preferred 1.27 0.0 1.27

Updated 01.31.2014

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 01.31.2014

% Net Assets
T. Rowe Price High-Yield 18.14
Fidelity® Capital & Income 14.27
BlackRock High Yield Bond Instl 10.89
Fidelity® High Income 10.62
Janus High-Yield I 10.3
Eaton Vance Income Fund of Boston I 7.86
Hotchkis & Wiley High Yield I 7.32
Fidelity Advisor® High Income Advtg I 6.31
MainStay High Yield Corporate Bond I 5.9
Third Avenue Focused Credit Instl 4.11

Bond Ratings (%)

Updated 01.31.2014

Sector FSADX
AAA 1.69
AA 0.0
A 0.08
BBB 2.43
BB 27.09
B 44.97
Below B 16.9
Other 6.85