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Fidelity SAI Alternative Risk Premia Currency Strategy Fund FRPCX

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Strategy

The investment seeks capital appreciation. The adviser will construct a portfolio focused on currency exposure that is established through various alternative risk premia (ARP) investment strategies. ARP investment strategies are systematic and rules-based investment strategies motivated by economic or market structure theory that provide exposure to specific risk premia such as carry, liquidity, low beta, momentum, value and volatility. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FRPCX	Fidelity SAI Alternative Risk Premia Currency Strategy Fund	No Load	Open	—	—	Dec 14, 2023	$54.28M	0.500%	Low	$0	$17.23M

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