Fidelity SAI Managed Futures Fund (FMFLX)
12.20
+0.11
(+0.91%)
USD |
Oct 05 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.05% | 306.08M | -- | 0.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 138.43M | 23.66% |
Basic Info
| Investment Strategy | |
| The Fund seeks capital appreciation. Pursuing a strategy intended to capture the persistence of price trends (up and/or down) observed across equity, fixed income, currency and commodity markets. Executing through investments in derivative instruments including futures, options, swaps and other derivative instruments. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Managed Futures |
| Peer Group | Alternative Managed Futures Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Managed Futures Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
67
-299.45M
Peer Group Low
949.25M
Peer Group High
1 Year
% Rank:
16
138.43M
-569.12M
Peer Group Low
3.095B
Peer Group High
3 Months
% Rank:
34
-357.33M
Peer Group Low
1.066B
Peer Group High
3 Years
% Rank:
--
-1.721B
Peer Group Low
3.622B
Peer Group High
6 Months
% Rank:
28
-153.16M
Peer Group Low
1.585B
Peer Group High
5 Years
% Rank:
--
-706.00M
Peer Group Low
4.553B
Peer Group High
YTD
% Rank:
27
-162.79M
Peer Group Low
2.689B
Peer Group High
10 Years
% Rank:
--
-10.01B
Peer Group Low
1.403B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 06, 2026.
Asset Allocation
As of August 31, 2026.
| Type | % Net |
|---|---|
| Cash | 20.16% |
| Stock | 7.52% |
| Bond | 72.28% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.04% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Fidelity Cash Central Fund
|
42.56% | -- | -- |
| United States of America USGB 0.0 10/06/2026 FIX USD Government | 32.76% | 100.00 | 0.01% |
|
10YJGB SEP6
|
14.17% | -- | -- |
|
CAD Forward Contract
|
10.25% | -- | -- |
|
ICE COT 2 MAR7
|
8.79% | -- | -- |
| United States of America USGB 09/17/2026 FIX USD Government (Matured) | 8.63% | 100.00 | 0.01% |
|
SEK Forward Contract
|
5.70% | -- | -- |
|
INR Forward Contract
|
5.39% | -- | -- |
|
CHF Forward Contract
|
5.06% | -- | -- |
|
COP Forward Contract
|
4.95% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.87% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks capital appreciation. Pursuing a strategy intended to capture the persistence of price trends (up and/or down) observed across equity, fixed income, currency and commodity markets. Executing through investments in derivative instruments including futures, options, swaps and other derivative instruments. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Managed Futures |
| Peer Group | Alternative Managed Futures Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Managed Futures Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-5-26) | 2.91% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 152 |
| Stock | |
| Weighted Average PE Ratio | 30.04 |
| Weighted Average Price to Sales Ratio | 9.433 |
| Weighted Average Price to Book Ratio | 10.57 |
| Weighted Median ROE | 78.70% |
| Weighted Median ROA | 20.27% |
| Return on Investment (TTM) | 28.43% |
| Earning Yield | 0.0389 |
| LT Debt / Shareholders Equity | 0.5947 |
| Number of Equity Holdings | 1 |
| Bond | |
| Yield to Maturity (8-31-26) | 3.72% |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | 0.1054 |
| Nominal Maturity | 0.1054 |
| Number of Bond Holdings | 5 |
As of August 31, 2026
Growth Metrics
| EPS Growth (1Y) | 30.38% |
| EPS Growth (3Y) | 22.40% |
| EPS Growth (5Y) | 23.30% |
| Sales Growth (1Y) | 17.33% |
| Sales Growth (3Y) | 16.44% |
| Sales Growth (5Y) | 16.03% |
| Sales per Share Growth (1Y) | 18.07% |
| Sales per Share Growth (3Y) | 16.90% |
| Operating Cash Flow - Growth Rate (3Y) | 27.55% |
As of August 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 6/17/2025 |
| Last Annual Report Date | 1/31/2026 |
| Last Prospectus Date | 4/1/2026 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FMFLX", "name") |
| Broad Asset Class: =YCI("M:FMFLX", "broad_asset_class") |
| Broad Category: =YCI("M:FMFLX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FMFLX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |