Strategic Advisers Core (FCSAX) a Zacks Ranked #2 (Buy) seeks capital growth by investing in affiliated non-affiliated equity funds included in Fidelity's Funds Network, and underlying non-affiliated ETFs. FCSAX invests in derivatives to gain long or short exposure. FCSAX invests in large cap companies having market capitalizations similar to those included in the S&P 500 Index.
This Large Blend fund, as of the last filing, allocates their fund in two major groups; Large Value and Large Growth. Further, as of the last filing, JPMorgan Chase & Co, FMI Large Cap Fund and SPDR S&P 500 Trust ETF were the top holdings for FCSAX.
The Strategic Advisers Core, managed by Fidelity, carries an expense ratio of 0.17, but it does come with a 0.46% management fee. Moreover, FCSAX requires a minimal initial investment of $0.
FCSAX has a history of strong positive total returns for over 5 years. Specifically, the fund’s returns over the 1, 3 year benchmarks; 1 year 11.74% and 3 year 15.70%. To see how this fund performed compared in its category, please click here.
FCSAX’s performance, as of the last filing, when compared to funds in its category was in the top 43% in 1 year, top 38% over the past 3 years, and in the 43% over the past 5 years.
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