# Strategic Advisers Fidelity Emerging Markets Fund

Strategic Advisers Fidelity Emerging Markets Fund is a registered fund series of Fidelity Rutland Square Trust II (series S000063170). Net assets $42.0B as of 2026-05-31.

## Profile

- Series ID: S000063170
- Registrant: Fidelity Rutland Square Trust II
- LEI: 549300YXMLS0UT4SHL91
- Net assets: $42.0B
- Total assets: $42.1B
- As of: 2026-05-31
- Type: Fund of funds

## Advisers

- [Strategic Advisers LLC (Advisor)](https://search.stillhousedata.com/firm/104555)
- [FIL Investment Advisors (Subadvisor)](https://search.stillhousedata.com/firm/111103)
- [Geode Capital Management, LLC (Subadvisor)](https://search.stillhousedata.com/firm/115504)
- [FIAM LLC (Subadvisor)](https://search.stillhousedata.com/firm/133196)
- [Fidelity Diversifying Solutions LLC (Subadvisor)](https://search.stillhousedata.com/firm/315088)

## Top holdings (200 reported)

_Showing 15 of 200 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Fidelity Salem Street Trust](https://search.stillhousedata.com/security/31635T724) | — | $9.8B | 2337.09% |
| TAIWAN SEMICONDUCTOR MFG CO LTD | — | $3.8B | 913.09% |
| [Fidelity Salem Street Trust](https://search.stillhousedata.com/security/31635V117) | — | $2.3B | 536.67% |
| [Fidelity Salem Street Trust](https://search.stillhousedata.com/security/31635V836) | — | $2.2B | 518.30% |
| SAMSUNG ELECTRONICS CO LTD | — | $2.1B | 497.59% |
| [SHORT TERM INVTS TR](https://search.stillhousedata.com/security/825252885) | — | $1.5B | 355.62% |
| SK HYNIX INC | — | $1.4B | 337.22% |
| TENCENT HLDGS LTD | — | $784.0M | 186.79% |
| [Fidelity Revere Street Trust](https://search.stillhousedata.com/security/31635A105) | — | $592.0M | 141.06% |
| MEDIATEK INC | — | $557.7M | 132.88% |
| [Fidelity Salem Street Trust](https://search.stillhousedata.com/security/31635W305) | — | $487.4M | 116.13% |
| [Fidelity Investment Trust](https://search.stillhousedata.com/security/31618H325) | — | $403.1M | 96.03% |
| CONTEMPORARY AMPEREX TECHNOLOGY CO LTD | — | $399.0M | 95.07% |
| DELTA ELECTRONICS INC | — | $388.8M | 92.64% |
| ASE TECHNOLOGY HOLDING CO LTD | — | $316.7M | 75.46% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $42.0B |
| 2026-02-28 | $35.2B |
| 2025-11-30 | $31.6B |
| 2025-08-31 | $28.5B |
| 2025-05-31 | $25.0B |
| 2025-02-28 | $22.4B |
| 2024-11-30 | $19.8B |
| 2024-08-31 | $17.9B |

## More

- [Registrant: Fidelity Rutland Square Trust II](https://search.stillhousedata.com/registrant/1364924)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000063170.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.