Strategic Advisers Growth Multi-Manager Fund

U.S. News evaluated 473 Large Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Fidelity Investments funds

See full Large Growth rankings

See more fund rankings

Performance

The fund has returned 9.89 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 11.1%
1 Year 9.9%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more FMELX performance

Summary

The investment seeks capital appreciation. The fund allocates assets among affiliated funds (i.e., Fidelity funds) and non-affiliated funds that participate in Fidelity's FundsNetwork®, and non-affiliated ETFs (underlying funds) and sub-advisers. It invests in companies that are believed to have above-average growth potential (stocks of these companies are often called "growth" stocks). The fund invests primarily in securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000® Growth Index). It is non-diversified.

Fees

Fees are Average compared to funds in the same category.
Strategic Advisers Growth Multi-Manager Fund has an expense ratio of 0.91 percent.

See more FMELX fees

Risk

Risk is N/A compared to funds in the same category according to Morningstar.

See more FMELX risk

Advertisement
Large Growths
Rankings

See More Funds

Highest Returns (10-year)

See More Funds

Slide Shows
7 Mutual Funds That Make Huge Bets

These funds invest much of their portfolios in one company.

Why Dow 14,000 Is a Tough Milestone

History shows this mark to be one of the most difficult for the market.

Emerging Markets to Consider in 2013

The Philippines, China and other key emerging markets for this year.