Strategic Advisers Fidelity Core Income Fund

Frequently Asked Questions About FIWGX

What does FIWGX invest in?

The fund typically allocates its assets primarily to a diverse array of investment-grade debt instruments, encompassing those of medium to high credit quality, and may also engage in repurchase agreements involving these securities. Up to 30% of its portfolio may be directed towards higher-yielding, more speculative debt, commonly referred to as "junk bonds," and bonds issued by entities in developing nations. To fine-tune its exposure to market risks, the advisor is authorized to employ strategies that amplify the fund's potential returns or losses, including investments in various derivative instruments such as interest rate, total return, and credit default swaps, futures contracts, and forward-settling securities.

What is the expense ratio of FIWGX?

Strategic Advisers Fidelity Core Income Fund (FIWGX) charges an expense ratio of 0.16%. This is the annual fee deducted from fund assets to cover management and operations.

What is FIWGX's dividend yield?

FIWGX's trailing-twelve-month yield is 4.32%, calculated from the sum of dividends over the past year divided by the current price.

How big is FIWGX?

Strategic Advisers Fidelity Core Income Fund (FIWGX) manages $91.97B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FIWGX actively managed or an index fund?

FIWGX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FIWGX launched?

Strategic Advisers Fidelity Core Income Fund (FIWGX) launched in October 2018 and is managed by Fidelity.