Fidelity SAI Alt Risk Premia Commodity Strat Fd (FRPDX)
7.94
-0.13
(-1.61%)
USD |
Mar 19 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.50% | 244.99M | -- | 0.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 163.36M | -14.70% |
Basic Info
| Investment Strategy | |
| The Fund seeks capital appreciation. The Adviser seeks to construct a portfolio focused on commodities exposure through ARP investment strategies that are systematic and rules-based motivated by economic or market theory that provide exposure to risk premia such as carry, liquidity, low beta, momentum, value & volatility. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Absolute Return USD Medium |
| Peer Group | Absolute Return Funds |
| Global Macro | Absolute Return |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Absolute Return Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
12
-18.00M
Peer Group Low
50.07M
Peer Group High
1 Year
% Rank:
19
163.36M
-376.25M
Peer Group Low
521.09M
Peer Group High
3 Months
% Rank:
12
-52.07M
Peer Group Low
174.20M
Peer Group High
3 Years
% Rank:
14
-2.259B
Peer Group Low
1.237B
Peer Group High
6 Months
% Rank:
19
-182.25M
Peer Group Low
440.01M
Peer Group High
5 Years
% Rank:
17
-2.453B
Peer Group Low
1.286B
Peer Group High
YTD
% Rank:
12
-27.00M
Peer Group Low
141.36M
Peer Group High
10 Years
% Rank:
30
-9.074B
Peer Group Low
3.092B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 20, 2026.
Asset Allocation
As of January 31, 2026.
| Type | % Net |
|---|---|
| Cash | 7.26% |
| Stock | 0.00% |
| Bond | 98.18% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -5.44% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
JPMorgan Chase Bank NA/JMABCCVP Index TRS
|
132.8% | -- | -- |
| United States of America USGB 03/12/2026 FIX USD Government (Matured) | 94.03% | -- | -- |
|
Goldman Sachs International/GSCOFMR2 Index TRS
|
72.97% | -- | -- |
|
UBS AG/UBCMFMR1 Index TRS
|
60.46% | -- | -- |
|
Goldman Sachs International/GSCOFMR1 Index TRS
|
43.76% | -- | -- |
|
Bank of America NA/BABXFMR2 Index TRS
|
43.64% | -- | -- |
|
UBS AG/UBCSQAF1 Index TRS
|
34.44% | -- | -- |
|
JPMorgan Chase Bank NA/JCOPFMR2 Index TRS
|
32.29% | -- | -- |
|
Macquarie Bank Ltd/Macquarie Index TRS
|
32.28% | -- | -- |
|
Barclays Bank PLC/BXIIFMR1 Index TRS
|
27.29% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.27% |
| 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 |
Basic Info
| Investment Strategy | |
| The Fund seeks capital appreciation. The Adviser seeks to construct a portfolio focused on commodities exposure through ARP investment strategies that are systematic and rules-based motivated by economic or market theory that provide exposure to risk premia such as carry, liquidity, low beta, momentum, value & volatility. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Absolute Return USD Medium |
| Peer Group | Absolute Return Funds |
| Global Macro | Absolute Return |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Absolute Return Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (3-18-26) | 4.42% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 13 |
| Bond | |
| Yield to Maturity (1-31-26) | 3.70% |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | 5.00 |
| Effective Maturity | 0.1156 |
| Nominal Maturity | 0.1156 |
| Number of Bond Holdings | 1 |
As of January 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 12/14/2023 |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| 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:FRPDX", "name") |
| Broad Asset Class: =YCI("M:FRPDX", "broad_asset_class") |
| Broad Category: =YCI("M:FRPDX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FRPDX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |